Grant of Options under SAYE Scheme

RNS Number : 8829F
Staffline Group PLC
09 November 2022
 

9 November 2022

Staffline Group plc

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

 

Grant of Options under SAYE Scheme

 

Staffline Group Plc, the recruitment and training group, announces the grant of options to employees as part of its Save As You Earn ("SAYE") share scheme for 2022. 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 10p each ("Ordinary Shares") with an exercise price of 29.96p, a 20% discount to the closing middle market price of 37.45 p on the trading day before the invitation to participate was made on 12 October 2022. The options have a contract start date of 1 December 2022 and are exercisable between 1 December 2025 and 31 May 2026.

 

A total of 196  employees elected to participate, and, pursuant to these elections, a total of   3,277,333  options over Ordinary Shares were granted on 8 November 2022, equating to 1.98% of the current issued share capital of 165,767,728 shares.

 

Options totalling 222,296 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

60,080

Daniel Quint

Chief Financial Officer

Staffline Group plc

60,080

Frank Atkinson

Managing Director

Recruitment GB

42,056

Martina McKenzie

Managing Director

Recruitment Ireland

60,080

 

* Each PDMR listed above is forfeiting options held under the SAYE scheme for 2021.

 

For further information, please contact:

 

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

020 3100 2222



Vigo Consulting (Financial PR)

www.vigoconsulting.com

Jeremy Garcia / Kate Kilgallen

020 7390 0230

Staffline@vigoconsulting.com

 

 


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.

 

The Notification of Dealing Forms set out below are provided 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)


 

  29.96p

60,080


 


 

d.

Aggregated information

- Aggregated Volume

- Price

 N/A - Single transaction

 

 

e.

Date of the transaction

8 November 2022

 

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)


 


  29.96p

60,080


 


 

d.

Aggregated information

- Aggregated Volume

- Price

 N/A - Single transaction

 

 

e.

Date of the transaction

8  November 2022

 

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)


 

29.96p

42,056


 


 

d.

Aggregated information

- Aggregated Volume

- Price

 N/A - Single transaction

 

 

e.

Date of the transaction

8 November 2022

 

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)


 

  29.96p

60,080


 


 

d.

Aggregated information

- Aggregated Volume

- Price

 N/A - Single transaction

 

 

e.

Date of the transaction

8 November 2022

 

f.

Place of the transaction

Off market

 










 

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