Appointment of Chief Financial Officer

RNS Number : 7255C

Staffline Group PLC

24 January 2018

 

For immediate release                                                                                                                        24 January 2018

STAFFLINE GROUP PLC

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

Appointment of Chief Financial Officer

Staffline, the Recruitment and Employability organisation, announces that on 24 January 2018, following the promotion of the previous Chief Financial Officer Chris Pullen to Chief Executive Officer, Michael Watts ("Mike") has been appointed Chief Financial Officer and an Executive member of the Board. Mike will be a member of both the Audit and Nominations Committees.

Mike initially joined Staffline in February 2017 as the Finance Director of PeoplePlus Group, one of the two Staffline trading divisions.

Prior to Staffline, Mike was at Capita plc where he was Finance Director of Trustmarque, an IT software provider, and formerly Finance Director of FERA, a food and environmental research establishment.  Before Capita plc Mike was at Experian plc, where he was Finance Director for its UK Marketing Services division, being instrumental in returning the division to growth. Mike is a chartered accountant, having qualified with PwC and has a Ph.D from Cambridge University in Materials Science.

The following information is disclosed pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies:

Full name and age	Michael Robert Watts age 43 (born 5 May 1974)
Current directorships	PeoplePlus Group Limited (company number 05722765, appointed 31 March 2017)
Past directorships	Crop Health and Protection Limited (company number 09922979, resigned 13 December 2016) RBT (Connect) Limited (company number 04682530, resigned 8 June 2007)

Mike is a participant in the Company's 2017 Save As You Earn ("SAYE") scheme. As disclosed in the Company announcement dated 27 October 2017, his option grant pursuant to the SAYE scheme is 1,931 shares in the Company. As disclosed today, Mike has also been awarded 125,000 Joint Share Ownership Plan ("JSOP") shares in accordance with the 2018 Staffline JSOP.

There is no other information that is required to be disclosed pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies.

For further information, please contact:

Staffline Group plc

Chris Pullen, Chief Executive Officer                                                                                   07786 265344

Michael Watts, Group Chief Financial Officer                                                                  07970 215262

[e-mail] www.stafflinegroupplc.co.uk

Liberum NOMAD and Joint Broker

Steve Pearce / Joshua Hughes                                                                                                020 3100 2222

www.liberum.com

Berenberg  Joint Broker

Chris Bowman / Toby Flaux                                                                                                         020 3465 2722

www.berenberg.com

Buchanan   PR and Communications

Richard Oldworth / Jamie Hooper / Madeleine Seacombe                                          020 7466 5000

[e-mail] www.buchanan.uk.com

About Staffline

"Enabling the future of work"

Staffline is a leading work recruitment and management organisation providing services, mainly in the UK and Eire, to both Government and commercial customers. The Recruitment division (previously 'Staffing') supplied up to 52,000 workers per day in 2017 to more than 1,500 clients. The PeoplePlus division is a leading provider to both Central and Local Government, aswell as commercial customers, offering a wide range of services to help and support in the Employability (Welfare to Work), Justice, Communities and Skills arenas.

Recruitment

Specialising in providing complete labour solutions in agriculture, food processing, manufacturing, e-retail, driving and the logistics sectors, the Recruitment business operates from over 400 locations in the UK, Eire and Poland. The Recruitment brands include:

·    Staffline OnSite, based on clients' premises and providing both blue and white collar, managed, temporary workforces

·    Driving Plus, providing HGV drivers to the driving industry

·    Staffline Agriculture, providing workers to the UK farming and horticulture sectors

·    Staffline Express, our high street branch based operation

·    Brightwork, a recruitment business based in Scotland specialising in temporary and permanent jobs to the drinks industry

·    Diamond Recruitment, one of the largest providers of recruitment services in Northern Ireland

PeoplePlus

A trusted partner in delivering employability, skills and well-being services. Contracts span Central, Local and Devolved Government and the Private Sector, including:

Employability:

·    Work Programme, prime contractor in nine regions and sub-contractor in three regions in England and Wales

·    Fair Start Scotland, prime contractor in two regions commencing April 2018

·    New Enterprise Allowance (business start-up support), prime contractor in three regions of England and Scotland and a sub-contractor in Wales

·     Steps to Success, prime contractor in Northern Ireland, an employment programme to build skills

·   Tackling Youth Unemployment through the MyGo service in Suffolk, the Youth Promise Plus in Birmingham and the Wirral Youth Employment Gateway
 

·    Building Employment through Education, working in Schools in Northern Ireland

Education and Training services:

·    Prime contractor to the Education and Skills Funding Agency, Welsh Government and Skills Development Scotland, providing Adult Education and Apprenticeships 

·    Delivering Apprenticeships programmes for the Private Sector, via the Apprenticeship Levy and non-levy programmes   

Justice and Community services:

·   Ministry of Justice, Transforming Rehabilitation in Warwickshire and West Mercia, delivering rehabilitation services

·   Delivery of education and training to prisoners in ten prisons in the East of England and London

·   Independent Living Services, supporting 3,500 disabled people lead independent lives

·   Access To Work, providing adaptation in the work place for people with disabilities - national contract.

·   Support for the users of Prison Visitor Centres for the Northern Ireland Prison Service

·   Carers Hubs in Stoke and Staffordshire

 

END

 

 

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