REG - Impellam Group plc - Transaction in Own Shares & Rule 2.9 Announcement

ImpellamAnnouncement

27/02/2024 07:00

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RNS Number : 5206E  Impellam Group plc  27 February 2024

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FOR IMMEDIATE RELEASE

 

27 February 2024

Impellam Group plc

("Impellam" or the "Company")

Transaction in Own Shares and Rule 2.9 Announcement

Impellam, a connected group providing global workforce and specialist
recruitment solutions and the 7(th) largest MSP worldwide, announces that it
has made the following purchases of ordinary shares of 1 pence each in the
capital of the Company ("Ordinary Shares") to be cancelled pursuant to the
Share Purchase Plan announced on 10 July 2023.

 Date of purchase                                             26 February 2024
 Number of Ordinary Shares purchased (aggregated volume):     1,485
 Highest Price paid per Ordinary Share (£):                   8.25
 Lowest Price paid per Ordinary Share (£):                    8.25
 Volume Weighted Average Price paid per Ordinary Share (£):   8.25
 Venue where Ordinary Shares are traded                       London Stock Exchange (AIM)

The Company will make further announcements in due course following the
completion of any further purchases pursuant to the Share Purchase Plan.

 

Following cancellation of the Ordinary Shares purchased, the number of
Ordinary Shares in issue and admitted to trading on AIM will be reduced to
44,496,779. This figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change in their interest in, the
share capital of the Company under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.

 

The Company announced on 12 April 2022 that it had entered into an offer
period. The Ordinary Shares are relevant securities of Impellam Group plc for
the purposes of Rule 8 of The City Code on Takeovers and Mergers (the "Code").
In accordance with Rule 2.9 of the Code, Impellam therefore confirms that it
now has in issue 44,496,779 Ordinary Shares with voting rights. The Company
has no Ordinary Shares held in Treasury. The International Securities
Identification Number for Impellam Ordinary Shares is GB00B8HWGJ55.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), the schedule below contains detailed information about the
purchases made by Canaccord Genuity Limited on behalf of Impellam.

 

Individual transactions:

 Number of shares purchased  Transaction price (pence per share)  Time of transaction  Trading venue
 1,485                       825                                  10:54:00             London Stock Exchange

 

Enquiries:

 Impellam Group plc

 Julia Robertson, Chief Executive Officer       01582 692 658
 Canaccord Genuity Ltd (Nomad and Sole Broker)

 Bobbie Hilliam                                 020 7523 8150

 Emma Gabriel

 

Note to Editors:

 

Impellam is a connected group providing global workforce and specialist
recruitment solutions. Our 2000 people and market leading brands work across a
broad spectrum of industries and job categories throughout North America, the
UK and Europe and Asia Pac.

 

Our award-winning Global Managed Services provide a diverse range of digitally
enabled, multi-disciplinary workforce solutions to organisations around the
world. We are upper quadrant industry leaders in Managed Service Provision and
Services Procurement, and the seventh largest Managed Service Provider in the
world with over £4bn SUM (Spend under Management).

 

Our STEM businesses are specialists in recruiting and engaging talent in the
key growth markets of technology, digital, data analytics, science, clinical
and engineering and work with clients across all sectors and sizes delivering
services that span Managed Services (MSP) Recruitment Process Outsourcing
(RPO), Statement of Work (SOW) and specialist recruitment.

 

Our services are underpinned by our proprietary digital solutions that enable
us to transform and future-proof the services we provide.

 

We believe in the power of work. Through the power of work, we build better
businesses and help people lead more fulfilling lives.

 

For more information about Impellam Group please visit: www.impellam.com
(http://www.impellam.com/)

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