29 January
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
45,474 ordinary shares of 10 pence each in the Company ("Ordinary
Shares") on 26 January 2024 at an average price of 25.0 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
3,361,865 ordinary shares, representing 2.25 per cent of the
Company's total voting rights, are held in the EBT.
For further
information, please contact:
Staffline
Group plc
www.stafflinegroupplc.co.uk
Albert Ellis, Chief Executive
Officer
Daniel Quint, Chief Financial
Officer
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via Vigo Consulting
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Liberum (Nominated Adviser and
Broker)
www.liberum.com
Richard Lindley / Satbir Kler
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020 3100 2222
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Zeus (Joint
Broker)
www.zeuscapital.co.uk
David Foreman (Investment Banking)
Nick Searle (Sales)
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020 3829 5000
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Vigo
Consulting (Financial PR)
www.vigoconsulting.com
Jeremy Garcia / Verity Snow
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020 7390 0230
Staffline@vigoconsulting.com
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Market Abuse
Regulation:
For the purposes of MAR, Article 2 of
Commission Implementing Regulation (EU) 2016/1055 and the UK
version of such implementing regulation, the person responsible for
arranging for the release of this Announcement on behalf of the
Company is Daniel Quint, Chief Financial Officer.
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.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
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.