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RNS Number : 0582P Impellam Group plc 06 February 2023
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION
FOR IMMEDIATE RELEASE
6 February 2023
Impellam Group plc
("Impellam" or the "Company")
Rule 2.9 Announcement
Impellam Group PLC, the largest staffing business in the UK and 8(th) largest
MSP worldwide, announced on 12 April 2022 that it had entered into an offer
period.
As announced earlier today, on 3 February 2023 Canaccord Genuity Limited, the
Company's Nominated Adviser and Broker, repurchased 7000 ordinary shares of 1
pence each in the capital of the Company ("Ordinary Shares") on behalf of the
Company, pursuant to the Share Purchase Plan announced on 8 July 2022. The
Ordinary Shares have been cancelled.
Following cancellation of the Ordinary Shares purchased, the number of
Ordinary Shares in issue and admitted to trading on AIM will be reduced to
45,030,679. This figure of 45,030,679 Ordinary Shares 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 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 confirms that it has in issue
45,030,679 Ordinary Shares and admitted to trading on the AIM Market of the
London Stock Exchange. The Company has no Ordinary Shares held in Treasury.
The International Securities Identification Number for Impellam Ordinary
Shares is GB00B8HWGJ55.
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
Thomas Diehl
Miscellaneous
Canaccord Genuity Limited which is regulated in the United Kingdom by The
Financial Conduct Authority is acting for the Company in relation to the
matters described in this announcement and is not advising any other person,
and accordingly will not be responsible to anyone other than the Company for
providing the protections afforded to customers of Canaccord Genuity Limited
or for providing advice in relation to the matters described in this
announcement.
Note to Editors:
Our Managed Services businesses are enabled by talent-focused Specialist
Staffing brands with deep heritages, vertical sector expertise and loyal
candidate networks. Clients across the world trust us to deliver Managed
Services and Specialist Staffing in the UK, North America, Asia Pacific and
Europe.
Working with them are 2,900 Impellam people, bringing a wealth of expertise
through our 13 market-leading brands across 70 locations. Every year, we
connect carefully chosen candidates with good work at all levels. They include
technology and digital specialists, scientists, clinical experts, engineers,
nurses, doctors, lawyers, teachers, receptionists, drivers, chefs,
administrators, warehouse and call centre operatives.
Underpinning everything we do is our Virtuoso strategy which recognises it is
our people who make the difference. Virtuosos make and deliver on promises,
and grow with their customers through sector, service or international
expansion which ensures there is never a need for a customer or candidate to
leave Impellam. Impellam is the largest Global Talent Acquisition and Managed
Workforce Solutions provider in the UK, and 8th(1) in the world.
For more information about Impellam Group please visit: www.impellam.com
(http://www.impellam.com/)
1 By SUM (confirmed by Staffing Industry Analysts). Spend Under
Management (SUM) is the total amount of client expenditure which our Managed
Services brands manage on behalf of their clients. This equates to revenue
earned where Impellam acts as principal plus gross billings to customers where
Impellam acts as agent (2020 published numbers). Management use this measure
as it reflects the total value of the client spend to the Group and not just
the revenue generated
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