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Transaction in Own Shares

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RNS Number : 3251Q  Impellam Group plc  17 February 2023

17 February 2023

Impellam Group plc

("Impellam" or the "Company")

Transaction in Own Shares

Impellam Group PLC, the largest staffing business in the UK and 8(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 8 July 2022.

 Date of purchase                                             15 February 2023
 Number of Ordinary Shares purchased (aggregated volume):     2000
 Highest Price paid per Ordinary Share (£):                   7.05
 Lowest Price paid per Ordinary Share (£):                    7.05
 Volume Weighted Average Price paid per Ordinary Share (£):   7.05
 Venue where Ordinary Shares are traded                       London Stock Exchange (AIM)

Following cancellation of the Ordinary Shares purchased, the number of
Ordinary Shares in issue and admitted to trading on AIM will be reduced to
44,998,879. This figure of 44,998,879 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 Company will make further announcements in due course following the
completion of any further purchases pursuant to the Share Purchase Plan.

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
 2000                        705.00                               16:26:47             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

 Thomas Diehl

 

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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