Grant of Options under SAYE Scheme

RNS Number : 7497Q

Staffline Group PLC

29 October 2021

 

29 October 2021

Staffline Group plc

("Staffline" or the "Group")

Grant of Options under SAYE Scheme

Staffline (AIM: STAF), the recruitment and training group, announces the grant of options to employees as part of its Save As You Earn ("SAYE") share scheme for 2021. The scheme is open to all permanent employees in the UK, giving them the opportunity to participate in the future growth of the Group via share option arrangements.

Eligible employees were invited to subscribe for options over Staffline's ordinary shares of 10.00p each ("Ordinary Shares") with an exercise price of 50.56p, a 20% discount to the closing middle market price of 63.20 p on the trading day before the invitation to participate was made on 8 October 2021. The options have a contract start date of 1 December 2021 and are exercisable between 1 December 2024 and 31 May 2025.

A total of 272 employees elected to participate, and, pursuant to these elections, a total of 2,430,723 options over Ordinary Shares were granted on 29 October 2021, equating to 1.466% of the current issued share capital of 165,767,728 shares.

Options totalling 188,685 shares were granted to the following employees who are regarded as a Person Discharging Managerial Responsibilities ("PDMR"):

Name	Role	Division	Shares under option in SAYE
Albert Ellis	Chief Executive Officer	Staffline Group plc	35,601
Daniel Quint	Chief Financial Officer	Staffline Group plc	35,601
Frank Atkinson	Managing Director	Recruitment GB	10,680
Martina McKenzie	Managing Director	Recruitment Ireland	35,601
Ben De Lucchi	Finance Director	Recruitment GB	35,601
Scott Martin	Finance Director	Recruitment Ireland	35,601

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.vigoconsulting.com Jeremy Garcia / Antonia Pollock	020 7390 0230 [e-mail]

  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 20 industries, 10 branch locations, 15 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

PeoplePlus is a 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.

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.  

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Albert Ellis
2	Reason for notification
a.	Position/Status	Chief Executive Officer
b.	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Staffline Group plc
b.	LEI	213800BVLF1BCOJUH828
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.	Description of the financial instrument, type of instrument Identification Code	Ordinary Shares of 10p each   ISIN: GB00B040L800
b.	Nature of the transaction	Grant of options to purchase Ordinary Shares of 10p each under the Staffline Group PLC 'Save As You Earn' Scheme 2021
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			50.56p	35,601
d.	Aggregated information - Aggregated Volume - Price	N/A - Single transaction
e.	Date of the transaction	29 October 2021
f.	Place of the transaction	Off market

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Daniel Quint
2	Reason for notification
a.	Position/Status	Chief Financial Officer
b.	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Staffline Group plc
b.	LEI	213800BVLF1BCOJUH828
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.	Description of the financial instrument, type of instrument Identification Code	Ordinary Shares of 10p each   ISIN: GB00B040L800
b.	Nature of the transaction	Grant of options to purchase Ordinary Shares of 10p each under the Staffline Group PLC 'Save As You Earn' Scheme 2021
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			50.56p	35,601
d.	Aggregated information - Aggregated Volume - Price	N/A - Single transaction
e.	Date of the transaction	29 October 2021
f.	Place of the transaction	Off market

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Frank Atkinson
2	Reason for notification
a.	Position/Status	Managing Director: Recruitment GB
b.	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Staffline Group plc
b.	LEI	213800BVLF1BCOJUH828
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.	Description of the financial instrument, type of instrument Identification Code	Ordinary Shares of 10p each   ISIN: GB00B040L800
b.	Nature of the transaction	Grant of options to purchase Ordinary Shares of 10p each under the Staffline Group PLC 'Save As You Earn' Scheme 2021
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			50.56p	10,680
d.	Aggregated information - Aggregated Volume - Price	N/A - Single transaction
e.	Date of the transaction	29 October 2021
f.	Place of the transaction	Off market

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Martina McKenzie
2	Reason for notification
a.	Position/Status	Managing Director: Recruitment Ireland
b.	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Staffline Group plc
b.	LEI	213800BVLF1BCOJUH828
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.	Description of the financial instrument, type of instrument Identification Code	Ordinary Shares of 10p each   ISIN: GB00B040L800
b.	Nature of the transaction	Grant of options to purchase Ordinary Shares of 10p each under the Staffline Group PLC 'Save As You Earn' Scheme 2021
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			50.56p	35,601
d.	Aggregated information - Aggregated Volume - Price	N/A - Single transaction
e.	Date of the transaction	29 October 2021
f.	Place of the transaction	Off market

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Ben De Lucchi
2	Reason for notification
a.	Position/Status	Finance Director, Recruitment GB
b.	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Staffline Group plc
b.	LEI	213800BVLF1BCOJUH828
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.	Description of the financial instrument, type of instrument Identification Code	Ordinary Shares of 10p each   ISIN: GB00B040L800
b.	Nature of the transaction	Grant of options to purchase Ordinary Shares of 10p each under the Staffline Group PLC 'Save As You Earn' Scheme 2021
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			50.56p	35,601
d.	Aggregated information - Aggregated Volume - Price	N/A - Single transaction
e.	Date of the transaction	29 October 2021
f.	Place of the transaction	Off market

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Scott Martin
2	Reason for notification
a.	Position/Status	Finance Director, Recruitment Ireland
b.	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Staffline Group plc
b.	LEI	213800BVLF1BCOJUH828
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.	Description of the financial instrument, type of instrument Identification Code	Ordinary Shares of 10p each   ISIN: GB00B040L800
b.	Nature of the transaction	Grant of options to purchase Ordinary Shares of 10p each under the Staffline Group PLC 'Save As You Earn' Scheme 2021
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			50.56p	35,601
d.	Aggregated information - Aggregated Volume - Price	N/A - Single transaction
e.	Date of the transaction	29 October 2021
f.	Place of the transaction	Off market

 

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