REG - Staffline Group PLC - EBT Share Purchase

StafflineAnnouncement

01/07/2024 16:00

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RNS Number : 6635U  Staffline Group PLC  01 July 2024

1 July 2024

 

Staffline Group plc

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

EBT Share Purchase

 

The Company was notified by the trustees of The Staffline Group plc Employee
Benefit Trust (the "EBT") that the EBT purchased 294,300 ordinary shares of 10
pence each in the Company ("Ordinary Shares") on 28 June 2024 at an average
price of 37.981 pence per share.

 

Shares held in the EBT are intended to be used to satisfy awards made under
the Staffline employee share schemes. The EBT is a discretionary trust for the
benefit of employees of Staffline Group plc and its subsidiaries. The purchase
of Ordinary Shares by the EBT has been funded by a loan provided by the
Company from its existing cash resources.

 

Following this transaction, a total of 7,583,206 ordinary shares, representing
5.11 per cent of the Company's total voting rights, are held in the EBT.

 

For further information, please contact:

 

 Staffline Group plc                                                 via Vigo Consulting

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

 Albert Ellis, Chief Executive Officer

 Daniel Quint, Chief Financial Officer

 Panmure Liberum (Nominated Adviser and Joint Broker)                020 3100 2222

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

 Richard Lindley / Satbir Kler

 Zeus Joint Broker                                                   020 3829 5000

 www.zeuscapital.co.uk

 David Foreman (Investment Banking)

 Nick Searle (Sales)

 Vigo Consulting Investor Relations & Financial PR                   020 7390 0230

 www.vigoconsulting.com (http://www.vigoconsulting.com/)             staffline@vigoconsulting.com

 Jeremy Garcia / Verity Snow

 

About Staffline - Recruitment, Training and Support

Enabling the Future of Work™

Staffline is the UK's market leading Recruitment and Training group. It has
three divisions:

Recruitment GB

Staffline is a leading provider of flexible blue-collar workers, supplying
c.28,000 staff per day on average from around 400 sites, across a wide range
of industries including supermarkets, drinks, driving, food processing,
logistics and manufacturing.

 

Recruitment Ireland

The Recruitment Ireland business is a leading end to end solutions provider
operating across twenty industries, ten branch locations and ten onsite
customer locations, supplying c.4,000 staff per day on average, and offering
RPO, MSP, temporary and permanent solutions across the island of Ireland.

 

PeoplePlus Division

Staffline is the leading adult skills and training provider in the UK,
delivering adult education, prison education and skills-based employability
programmes across the country.

 

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