For Immediate Release |
29 June 2015 |
STAFFLINE GROUP PLC
("Staffline" or "the Company")
Issue of Shares and Total Voting Rights
Staffline announces it has issued 1,838 new ordinary shares in the Company (the "New Ordinary Shares"), following the election by certain option holders to exercise options granted under the Staffline Recruitment Group plc Approved Employee 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 2 July 2015.
Following the issue and allotment, the Company's issued share capital will comprise 27,749,389 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 |
Andy Hogarth, Chief Executive |
07931 175775 |
Phillip Ledgard, Finance Director |
07432 554437 |
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Liberum Capital Limited |
020 3100 2222 |
Steve Pearce /Steve Tredget / Richard Bootle
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Buchanan |
020 7466 5000 |
Sophie McNulty / Gabriella Clinkard
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staffline@buchanan.uk.com |
About Staffline
Staffline is a leading outsourcing organisation providing Staffing services to industry, supplying up to 35,000 workers every day to more than 1,300 clients. The Group is also a leading provider of services in to the Government funded Welfare to Work and Skills arena across the UK.
The business comprises two key areas:
Staffing Services
Specialising in providing complete labour solutions in agriculture, food processing, manufacturing, e-retail, driving and the logistics sectors, the Staffing business operates from well over 250 locations in the UK, Eire and Poland.
The Staffing brands include:
· Staffline OnSite, based on clients' premises and providing both blue and white collar, out-sourced, temporary workforces
· Select Appointments, a high street branch-based operation providing white collar office staff, operated entirely on a franchised basis by independent business owners
· Staffline Express, a high street branch based operation
· Driving Plus, providing HGV drivers to the driving industry
· Staffline Agriculture, providing workers to the UK farming and growing sectors
Employability
PeoplePlus is one of the largest Prime Contractors of the Work Programme in the UK with over 150 locations nationwide. Contracts include:
· Work Programme, prime contractor in nine regions in England and six sub-contacted regions
· Steps to Success, prime contractor in Northern Ireland
· Skills Funding Agency - managing the Offender's Learning and Skills Service ("OLASS 4")
· The Money Advice Service ("TMAS")
· Independent Living Services
· New Enterprise Allowance scheme - supporting people to become self-employed
· Suffolk County Council MyGo centre supporting youth employment
· Ministry of Justice Transforming Rehabilitation in Warwickshire and West Mercia Transforming
Rehabilitation
The Group also operates in the Kingdom of Saudi Arabia and Australia and provides training services in the UK through:
· Elpis, a national training consultancy,
· Learning Plus, an e-learning platform
· Skillspoint, a procurement consultancy specialising in helping employers benefit from government
funded, work-based training