REG - Staffline Group PLC - EBT Share Purchase

StafflineAnnouncement

06/08/2024 12:00

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RNS Number : 3965Z  Staffline Group PLC  06 August 2024

6 August 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 100,000 ordinary shares of
10 pence each in the Company ("Ordinary Shares") on 5 August 2024 at an
average price of 38.10 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 8,535,706 ordinary shares,
representing 5.8 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 Broker)                     020 3100 2222

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

 Richard Lindley / Satbir Kler

 Zeus (Joint Broker)                                                020 3829 5000

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

 David Foreman (Investment Banking)

 Nick Searle (Sales)

 Vigo Consulting (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

The Recruitment GB business is a leading provider of flexible blue-collar
workers, supplying c.30,000 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 multiple industries, ten branch locations and ten onsite
customer locations, supplying c.4,500 staff per day on average, and offering
RPO, MSP, temporary and permanent solutions across public and private sectors
throughout the island of Ireland.

 

PeoplePlus Division

The PeoplePlus business is a leading provider of employability,
adult training, prison education and skills-based programmes across the
country to those who are disadvantaged in society. In addition, it delivers
Community Service support as well as social value services and expertise to
employers.

 

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