Award of Options

RNS Number : 7526Z

Staffline Group PLC

12 March 2013

 



For Immediate Release                                                                                                                12 March 2013

Staffline Group PLC (AIM:STAF)

("Staffline" or the "Company")

Award of Options

The Company wishes to announce that on 11 March 2013, 100,000 options over ordinary shares in the Company were granted to Diane Martyn, Group Managing Director and Executive Director of the Company.  These share options are exercisable at 348.6 pence per share subject to vesting conditions based on Diluted Adjusted EPS. The options vest on a sliding scale of Diluted Adjusted EPS between 35 pence and 45 pence in the best of the three years ended 31 December 2015. The earliest vesting date is 31 March 2016.

The total number of ordinary shares currently in issue is 22,888,578, with options over a total of 1,029,169 ordinary shares outstanding.

*Adjusted figures exclude any amortisation charge or exceptional costs

For further information, please contact:
Staffline Group plc	0115 950 0885
Tim Jackson, Finance Director	07720 458626
www.staffline.co.uk
Liberum Capital
Chris Bowman / Richard Bootle	0203 100 2222
Buchanan
Jeremy Garcia / Gabriella Clinkard	020 7466 5000

About Staffline

Staffline Group plc is a recruitment organisation specializing in food processing, manufacturing, e-retail, driving and logistics.  Staffline provides and manages industrial workforces and uses training and business improvement techniques to ensure increased levels of efficiency to give their clients a significant commercial advantage. Operating from over 200 locations in the UK, Staffline supplies up to 30,000 blue collar workers each day.  Brands include Staffline Express and Select Appointments, the High Street branch operations, OnSite based on clients' premises, Elpis Training a national training and consultancy organisation, OSP a specialist volume recruitment call centre and EOS, a Welfare to Work provider.

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