REG - Staffline Group PLC - Result of AGM

StafflineAnnouncement

28/07/2021 11:05

RNS Number : 7517G
  
Staffline Group PLC
  
28 July 2021
  
 

28 July 2021
 
STAFFLINE GROUP PLC
("Staffline", the "Company" or the "Group")
Result of 2021 Annual General Meeting
The 2021 Annual General Meeting ("AGM") of Staffline, the recruitment and training group, was held today, Wednesday 28 July 2021. All of the resolutions proposed at the AGM were duly passed, with the exception of Resolution 13, which failed to carry, all other resolutions were passed by shareholders. Details of votes cast are as follows:











Voting for the resolutions




Resolution number


Detail of resolution


Holders Voting


Votes


% of Votes Cast


% of shares in issue*




1


2020 Annual report and accounts


41


132,674,383


100.00


80.04%




2


Directors' remuneration report


36


116,810,733


88.04


70.47%




3


Re-elect director: Albert Ellis


41


132,678,306


100.00


80.04%




4


Re-elect director: Daniel Quint


41


132,678,306


100.00


80.04%




5


Re-elect director: Ian Lawson


41


132,678,222


100.00


80.04%




6


Re-elect director: Richard Thomson


40


132,509,197


99.87


79.94%




7


Elect director: Catherine Lynch


41


132,609,306


99.95


80.00%




8


Elect director: Ian Starkey


41


132,609,306


99.95


80.00%




9


Elect director: Tom Spain


39


121,285,494


91.43


73.17%




10


Reappoint Grant Thornton as Auditors


40


132,675,957


100.00


80.04%




11


Remuneration of Auditors


41


132,676,291


100.00


80.04%




12


General authority to allot shares


37


82,692,917


62.32


49.88%




13**


Disapplication of pre-emption rights


36


82,692,892


62.32


49.88%




14**


Purchase of own shares in the market


39


132,134,244


99.59


79.71%




15**


General Meetings


40


132,677,318


100.00


80.04%



* 165,767,728 ordinary 10p shares currently in issue.
** Special resolutions
 
The Company notes there was a sizable vote against Resolutions 12 & 13, representing 37.68% of votes cast on each resolution. Feedback received from certain shareholders indicated that some were concerned by the potential dilution caused by an allotment of shares, particularly on a non pre-emptive basis. The Board notes that it followed the Pre-emption Group Principles that the routine authority to disapply pre-emption rights should not exceed more than 5% of the ordinary share capital in any one year. 
Enquiries:



Staffline Group plc
www.stafflinegroupplc.co.uk
Albert Ellis, Chief Executive Officer
Daniel Quint, Chief Financial Officer


via Vigo Consulting














Liberum (Nominated Adviser and Broker)
www.liberum.com
Richard Lindley / William Hall / Christopher Whitaker


020 3100 2222














Vigo Consulting (Financial PR)
www.vigocomms.com
Jeremy Garcia / Antonia Pollock


020 7390 0230
Staffline@vigoconsulting.com
 



 
 
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.37,000 staff per day on average to around 450 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, fifteen onsite customer locations, supplying c.5,000 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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