REG - RTC Group PLC - Shareholder notification

RTCAnnouncement

Tue 10:15

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RNS Number : 4619Z  RTC Group PLC  07 April 2026

07 April 2026

 

Certain information contained within this Announcement is deemed by the
Company to constitute inside information as stipulated under the Market Abuse
Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon
publication of this Announcement, this information is now considered to be in
the public domain.

 

 

RTC Group Plc

("RTC", "the Company" or "the Group")

Shareholder notification

 

The Company has today received a formal notification from Mr David Stredder, a
5% shareholder in the Company.  Mr Stredder has requested that the Company
include the two resolutions set out below (the "Stredder Resolutions") at the
forthcoming Annual General Meeting scheduled for 27 May 2026 (the "AGM").

1. To elect Paul Hooper as a director of the Company

2. To elect Gerard Oates as a director of the Company

In accordance with the Companies Act by virtue of Mr Stredder's shareholding
he is entitled to either requisition an EGM for shareholders to consider
resolutions he considers appropriate or requisition the Company to include
resolutions at its forthcoming AGM.  The Company by abiding by Mr Stredder's
instructions is fulfilling its legal responsibilities under the Companies Act.

The Board of RTC will outline a full response to the Stredder Resolutions in
the notice of AGM to be circulated to shareholders in due course.  At this
time the Board wishes to inform shareholders that the Stredder Resolutions
have been proposed by Mr Stredder without prior consultation with the Board.
Despite being informed of the process being followed by the Board to appoint a
further non-executive director, Mr Stredder has chosen to continue with the
Stredder Resolutions.

It is the Board's view that by virtue of the candidates being known to and
proposed by Mr Stredder, they cannot be considered independent, rather proxies
for Mr Stredder.

The Board believe the Stredder Resolutions to be without merit, and an
unnecessary and inappropriate distraction as they anticipate appointing a
further independent non-executive director who has significant relevant
experience within a measurable timeframe.

On 23 March 2026 the Company announced record equalling results for the year
ended 31 December 2025 and a 10% increase in dividends for shareholders, and
the Board will remain focussed on continuing to deliver increased value for
all shareholders rather than serving a specific interest group.

Further announcements will be made in due course.

Ends

Enquiries:

 

 RTC Group Plc                                                          Tel: 0133 286 1842
 Andy Pendlebury, Chairman and Chief Executive

Sarah Dye, Group Finance Director

 www.rtcgroupplc.co.uk (http://www.rtcgroupplc.co.uk)

 SPARK Advisory Partners Limited (Nominated Adviser)

                                                                                     Tel: 0203 368 3550
 Matt Davis / James Keeshan

 www.Sparkadvisorypartners.com (http://www.Sparkadvisorypartners.com)

 Zeus (Broker)                                                            Tel: 020 3829 5000

 Mike Coe / James Bavister (Investment Banking)

 Nick Searle (Sales)

 www.zeuscapital.co.uk (http://www.zeuscapital.co.uk)

 

About RTC

RTC Group Plc is an AIM listed recruitment business that focuses on white and
blue-collar recruitment, providing temporary and permanent labour to a broad
range of industries and customers in both domestic and international markets
through its geographically defined operating divisions.

 

UK division

Through its Ganymede and ATA brands the Group provides a wide range of
recruitment services to the following sectors in the UK:

•                        Rail

•                        Energy and utilities

•                        Manufacturing and
engineering

•                        Water and environment

•                        Transportation

•                        Highways

•                        Construction

Ganymede specialise in recruiting the best technical and engineering talent
and providing complete workforce solutions to help build and maintain
infrastructure and transportation for a wide range of UK and international
clients. Ganymede is a market leader in providing a diverse range of people
solutions to the rail, energy, construction, highways and transportation
sectors. With offices strategically located across the country, Ganymede
provides its clients with the benefit of a national network of skilled
personnel combined with local expertise.

 

ATA Recruitment provide high-quality technical recruitment solutions to the
manufacturing, engineering and technology sectors. Working as an engineering
recruitment partner supporting businesses across the UK and Europe, ATA
Recruitment has a strong track record of attracting and recruiting the best
engineering talent for our clients. ATA's regional offices which are
strategically located in Leicester and Leeds each have dedicated
market-experts to ensure ATA delivers excellence to both our clients and
candidates.

International division

 

Through its GSS brand the Group works with customers across the globe that are
focused on delivering projects in a variety of engineering sectors. GSS has a
track record of delivery in some of the world's most hostile locations.
Working closely with its customers GSS provides contract and permanent
staffing solutions on an international basis, providing key personnel into new
projects and supporting ongoing large-scale project staffing needs. GSS
typically recruit across a range of disciplines and skills from operators and
supervisors, through to senior management level.

 

The Group headquarters are located at the Derby Conference Centre which also
provides office accommodation for its operating divisions in addition to
generating rental and conferencing income from space not utilised by the
Group.

 

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