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REG - Staffline Group PLC - Grant of Options under SAYE Scheme

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RNS Number : 8829F  Staffline Group PLC  09 November 2022

9 November 2022

Staffline Group plc

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

 

Grant of Options under SAYE Scheme

 

Staffline Group Plc, the recruitment and training group, announces the grant
of options to employees as part of its Save As You Earn ("SAYE") share scheme
for 2022. The scheme is open to all permanent employees in the UK, giving them
the opportunity to participate in the future growth of the Group via share
option arrangements.

 

Eligible employees were invited to subscribe for options over Staffline's
ordinary shares of 10p each ("Ordinary Shares") with an exercise price of
29.96p, a 20% discount to the closing middle market price of 37.45p on the
trading day before the invitation to participate was made on 12 October 2022.
The options have a contract start date of 1 December 2022 and are exercisable
between 1 December 2025 and 31 May 2026.

 

A total of 196  employees elected to participate, and, pursuant to these
elections, a total of  3,277,333  options over Ordinary Shares were granted
on 8 November 2022, equating to 1.98% of the current issued share capital of
165,767,728 shares.

 

Options totalling 222,296 shares were granted to the following employees who
are regarded as a Person Discharging Managerial Responsibilities ("PDMR"):

 

 Name              Role                     Division             Shares under option in SAYE *
 Albert Ellis      Chief Executive Officer  Staffline Group plc  60,080
 Daniel Quint      Chief Financial Officer  Staffline Group plc  60,080
 Frank Atkinson    Managing Director        Recruitment GB       42,056
 Martina McKenzie  Managing Director        Recruitment Ireland  60,080

 

* Each PDMR listed above is forfeiting options held under the SAYE scheme for
2021.

 

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

 Liberum (Nominated Adviser and Broker)                             020 3100 2222

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

 Richard Lindley / William Hall

 Vigo Consulting (Financial PR)                                     020 7390 0230

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

 Jeremy Garcia / Kate Kilgallen

 

About Staffline

 

Providing workforce solutions

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.33,000 staff per day on average from around 400 client sites, across a wide
range of industries including agriculture, 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.4,500 staff per day on average, and offering
RPO, MSP, temporary and permanent solutions across the island of Ireland.

 

PeoplePlus Division

PeoplePlus is leading skills and employability business with a clear purpose
to help people transform their lives, get jobs and keep jobs, and develop
their careers. The division works with employers to develop workforces of the
future, and with central, local and devolved governments to support their
economic and social policy agendas.

 

The Notification of Dealing Forms set out below are provided in accordance
with the requirements of the EU Market Abuse Regulation.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
 596/2014
 1           Details of the person discharging managerial responsibilities/person closely
             associated
 a.          Name                                                         Albert Ellis
 2           Reason for notification
 a.          Position/Status                                              Chief Executive Officer
 b.          Initial notification/ Amendment                              Initial
 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 10p each

Identification Code

ISIN: GB00B040L800
 b.          Nature of the transaction                                    Grant of options to purchase Ordinary Shares of 10p each under the Staffline
                                                                          Group PLC 'Save As You Earn' Scheme 2021
 c.          Price(s) and volume(s)
                                                                                         Price(s)       Volume(s)
              29.96p                                                                     60,080

 d.          Aggregated information                                        N/A - Single transaction

             - Aggregated Volume

             - Price
 e.          Date of the transaction                                      8 November 2022
 f.          Place of the transaction                                     Off market

 

 Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
 596/2014
 1           Details of the person discharging managerial responsibilities/person closely
             associated
 a.          Name                                                         Daniel Quint
 2           Reason for notification
 a.          Position/Status                                              Chief Financial Officer
 b.          Initial notification/ Amendment                              Initial
 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 10p each

Identification Code

ISIN: GB00B040L800
 b.          Nature of the transaction                                    Grant of options to purchase Ordinary Shares of 10p each under the Staffline
                                                                          Group PLC 'Save As You Earn' Scheme 2021
 c.          Price(s) and volume(s)
                                                                                         Price(s)       Volume(s)
                                                                                          29.96p        60,080

 d.          Aggregated information                                        N/A - Single transaction

             - Aggregated Volume

             - Price
 e.          Date of the transaction                                      8  November 2022
 f.          Place of the transaction                                     Off market

 

 

 Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
 596/2014
 1           Details of the person discharging managerial responsibilities/person closely
             associated
 a.          Name                                                         Frank Atkinson
 2           Reason for notification
 a.          Position/Status                                              Managing Director: Recruitment GB
 b.          Initial notification/ Amendment                              Initial
 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 10p each

Identification Code

ISIN: GB00B040L800
 b.          Nature of the transaction                                    Grant of options to purchase Ordinary Shares of 10p each under the Staffline
                                                                          Group PLC 'Save As You Earn' Scheme 2021
 c.          Price(s) and volume(s)
                                                                                         Price(s)       Volume(s)
             29.96p                                                                      42,056

 d.          Aggregated information                                        N/A - Single transaction

             - Aggregated Volume

             - Price
 e.          Date of the transaction                                      8 November 2022
 f.          Place of the transaction                                     Off market

 

 Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
 596/2014
 1             Details of the person discharging managerial responsibilities/person closely
               associated
 a.            Name                                                         Martina McKenzie
 2             Reason for notification
 a.            Position/Status                                              Managing Director: Recruitment Ireland
 b.            Initial notification/ Amendment                              Initial
 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 10p each

Identification Code

ISIN: GB00B040L800
 b.            Nature of the transaction                                    Grant of options to purchase Ordinary Shares of 10p each under the Staffline
                                                                            Group PLC 'Save As You Earn' Scheme 2021
 c.            Price(s) and volume(s)
                                                                                              Price(s)          Volume(s)
                 29.96p                                                                       60,080

 d.            Aggregated information                                        N/A - Single transaction

               - Aggregated Volume

               - Price
 e.            Date of the transaction                                      8 November 2022
 f.            Place of the transaction                                     Off market

 

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.   END  DSHFSLFMUEESEEF

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