For immediate release 5 April 2012
Staffline Group PLC (AIM:STAF)
("Staffline" or the "Company")
Issue of shares and Total Voting Rights
Staffline announces it has issued 30,988 new ordinary shares in the Company (the "New Ordinary Shares"), representing 0.14% of its enlarged issued share capital, following the election by certain optionholders to exercise options granted under the Staffline Recruitment Group plc Share Option Plan.
An application has been made for the New Ordinary Shares to be admitted to trading on the AIM market of the London Stock Exchange, which is expected to take effect on or around 10 April 2012.
Following the issue and allotment, the Company's issued share capital will comprise 22,875,903 ordinary shares of 10p each, which figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, Staffline under the FSA's Disclosure and Transparency Rules. The New Ordinary Shares will rank pari passu with the existing Ordinary Shares.
For further information, please contact: |
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Staffline Group plc |
0115 950 0885 |
Tim Jackson, Finance Director |
07720 458626 |
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Liberum Capital |
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Chris Bowman / Richard Bootle |
0203 100 2222 |
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Buchanan |
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Jeremy Garcia/ Gabriella Clinkard |
020 7466 5000 |
About Staffline
Staffline Group plc is a recruitment organisation specializing in food processing, manufacturing, e-retail 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 150 locations in the UK, Staffline supply up to 22,500 blue collar workers each day. Brands include Staffline Express, the High Street branch operation, OnSite based on clients' premises, Peter Rowley a national training and consultancy organisation, Eos Works a Welfare to Work supplier and OSP a specialist volume recruitment call centre.
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