REG - Staffline Group PLC - Grant of Options under 2025 LTIP

StafflineAnnouncement

26/06/2025 16:15

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RNS Number : 6271O  Staffline Group PLC  26 June 2025

26 June 2025

Staffline Group plc

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

2025 Grant of Options under Long-Term Incentive Plan ("2025 LTIP")

Staffline, the recruitment group, announces that on 26 June 2025, under the
terms of the Company's long term incentive plan 2021 (the "LTIP"), the Board
has approved the award of and granted nil cost options (the "Options") over
3,197,156 ordinary shares of 10 pence each in the Company ("Ordinary Shares")
to certain employees, including persons discharging managerial
responsibilities ("PDMRs"), as set out below.

The Board believes it is key that the Group retains and incentivises Executive
Directors and senior employees to drive the business forward, whilst aligning
their interests with those of shareholders. The Group intends to continue to
fully satisfy the exercise of the Options through purchases of Ordinary Shares
by the Employee Benefit Trust in order to limit the level of dilution
experienced by existing shareholders.

The vesting of the Options is subject to the Company achieving certain
financial performance criteria for the financial year ending 31 December 2027.
For the Executive Directors and relevant senior employees the 2025 Awards will
vest subject to sliding scale Group EPS targets in respect of the year ending
31 December 2027 ("FY27").

The Options will vest from 26 June 2028 (the "Vesting Period") and will be
exercisable until 26 June 2035.

The Options awarded to PDMRs are set out in the table below.

 Director/ PDMR    Position                 Options granted
 Albert Ellis      Chief Executive Officer  1,026,995
 Daniel Quint      Chief Financial Officer  840,269
 Martina McKenzie  MD Recruitment Ireland   333,440
 Frank Atkinson    MD Recruitment GB        333,440

 

Following the grant, the total number of Options over Ordinary Shares under
the 2025 LTIP is 3,197,156  representing 2.52% of the Company's issued share
capital.

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/)

 Nick How / Satbir Kler

 Zeus (Joint Broker)                                                 020 3829 5000

 https://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 / Anna Sutton

 

 

 

About Staffline - Recruitment

Enabling the Future of Work™

Staffline is one of the UK's leading Recruitment groups. It has two divisions:

 

Recruitment GB

The Recruitment GB business is a leading provider of flexible blue-collar
workers, supplying up to c.35,000 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.

 

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                         Albert Ellis
 2    Reason for the notification
 a)   Position/status                                              Chief Executive Officer

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Staffline Group plc

 b)   LEI                                                          213800BVLF1BCOJUH828

 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each

      Identification code

                                                                   ISIN: GB00B040L800
 b)   Nature of the transaction                                    Grant of awards over Ordinary Shares under the Company's LTIP

 c)   Price(s) and volume(s)                                       Price(s)                         Volume(s)

      Nil                                                                                           1,026,995

 d)   Aggregated information

       - Aggregated volume                                         N/A

       - Price
 e)   Date of the transaction                                       26 June 2025

 f)   Place of the transaction                                     Outside a trading venue

 

 

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                         Daniel Quint
 2    Reason for the notification
 a)   Position/status                                              Chief Financial Officer

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Staffline Group plc

 b)   LEI                                                          213800BVLF1BCOJUH828

 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each

      Identification code

                                                                   ISIN: GB00B040L800
 b)   Nature of the transaction                                    Grant of awards over Ordinary Shares under the Company's LTIP

 c)   Price(s) and volume(s)                                       Price(s)                         Volume(s)

      Nil                                                                                           840,269

 d)   Aggregated information

       - Aggregated volume                                         N/A

       - Price
 e)   Date of the transaction                                        26 June 2025

 f)   Place of the transaction                                     Outside a trading venue

 

 

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                         Martina McKenzie
 2    Reason for the notification
 a)   Position/status                                              MD Recruitment Ireland

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Staffline Group plc

 b)   LEI                                                          213800BVLF1BCOJUH828

 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each

      Identification code

                                                                   ISIN: GB00B040L800
 b)   Nature of the transaction                                    Grant of Options to purchase Ordinary Shares of 10 pence each under the

                                                            Staffline Group

 c)   Price(s) and volume(s)                                       Price(s)                              Volume(s)

      Nil

                                                                                                         333,440

 d)   Aggregated information

       - Aggregated volume                                         N/A

       - Price
 e)   Date of the transaction                                        26 June 2025

 f)   Place of the transaction                                     Outside a trading venue

 

 

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                         Frank Atkinson
 2    Reason for the notification
 a)   Position/status                                              MD Recruitment GB

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Staffline Group plc

 b)   LEI                                                          213800BVLF1BCOJUH828

 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each

      Identification code

                                                                   ISIN: GB00B040L800
 b)   Nature of the transaction                                    Grant of awards over Ordinary Shares under the Company's LTIP

 c)   Price(s) and volume(s)                                       Price(s)                            Volume(s)

      Nil

                                                                                                    333,440

 d)   Aggregated information

       - Aggregated volume                                         N/A

       - Price
 e)   Date of the transaction                                      26 June 2025

 f)   Place of the transaction                                     Outside a trading venue

 

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