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11 July 2014 |
Staffline Group PLC
("Staffline" or the "Company")
Issue of shares and total voting rights
Staffline announces it has issued 60,000 new ordinary shares in the Company (the "New Ordinary Shares") to the Staffline EBT in connection with employee incentive arrangements.
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 16July 2014.
Following the issue and allotment, the Company's issued share capital will comprise 27,747,551 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 FCA'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 |
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Andy Hogarth, Chief Executive Phillip Ledgard, Finance Director
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07931 175775 07432 554437 |
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Liberum |
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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 was historically a recruitment organisation specialising in food processing, manufacturing, e-retail, driving and logistics. We provide and manage industrial workforces and use training and business improvement techniques to ensure increased levels of efficiency to give our clients a significant commercial advantage. Our recruitment business now operates from well over 200 locations in the UK, Ireland and Poland, supplying up to 33,000 temporary workers each day.
Our recruitment brands now include Select Appointments, providing white collar office staff and Staffline Express, providing blue collar staff, both High Street branch operations. Staffline OnSite is based on clients' premises and also provides both blue collar and white collar temporary staff, Driving Plus provides HGV drivers, Staffline Agriculture provides workers to the UK farming and growing sectors, while Resourcing Plus offers cost effective permanent recruitment solutions.
Our other areas of operation include Elpis, a national training and consultancy organisation, OSP, a specialist volume recruitment call centre and Avanta (which includes Staffline's original EOS), a provider of Welfare to Work and skills training services across the UK helping the long term unemployed back in to work. We expanded our training capabilities in 2013 with Learning Plus, a technologically advanced e-learning platform designed to deliver extremely cost effective work-based skills training.