2 August 2022
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 had purchased 50,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") on 2 August 2022 at an average price of 41.98 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 Executive Directors and PDMRs of Staffline Group plc are included in the class of beneficiaries of the EBT and are deemed to be interested in those shares and the dealings thereof.
Following this transaction, a total of 1,014,511 ordinary shares, representing 0.61 per cent of the Company's total voting rights, are held in the EBT.
For further information, please contact:
Staffline Group plc Albert Ellis, Chief Executive Officer Daniel Quint, Chief Financial Officer |
via Vigo Consulting |
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Liberum (Nominated Adviser and Broker) Richard Lindley / William Hall |
020 3100 2222 |
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Vigo Consulting ( Financial PR) Jeremy Garcia / Kate Kilgallen |
020 7390 0230 Staffline@vigoconsulting.com
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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.