Result of AGM

RNS Number : 7517G

Staffline Group PLC

28 July 2021

 

28 July 2021

STAFFLINE GROUP PLC

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

Result of 2021 Annual General Meeting

The 2021 Annual General Meeting ("AGM") of Staffline, the recruitment and training group, was held today, Wednesday 28 July 2021. All of the resolutions proposed at the AGM were duly passed, with the exception of Resolution 13, which failed to carry, all other resolutions were passed by shareholders. Details of votes cast are as follows:

		Voting for the resolutions
Resolution number	Detail of resolution	Holders Voting	Votes	% of Votes Cast	% of shares in issue*
1	2020 Annual report and accounts	41	132,674,383	100.00	80.04%
2	Directors' remuneration report	36	116,810,733	88.04	70.47%
3	Re-elect director: Albert Ellis	41	132,678,306	100.00	80.04%
4	Re-elect director: Daniel Quint	41	132,678,306	100.00	80.04%
5	Re-elect director: Ian Lawson	41	132,678,222	100.00	80.04%
6	Re-elect director: Richard Thomson	40	132,509,197	99.87	79.94%
7	Elect director: Catherine Lynch	41	132,609,306	99.95	80.00%
8	Elect director: Ian Starkey	41	132,609,306	99.95	80.00%
9	Elect director: Tom Spain	39	121,285,494	91.43	73.17%
10	Reappoint Grant Thornton as Auditors	40	132,675,957	100.00	80.04%
11	Remuneration of Auditors	41	132,676,291	100.00	80.04%
12	General authority to allot shares	37	82,692,917	62.32	49.88%
13**	Disapplication of pre-emption rights	36	82,692,892	62.32	49.88%
14**	Purchase of own shares in the market	39	132,134,244	99.59	79.71%
15**	General Meetings	40	132,677,318	100.00	80.04%

*  165,767,728 ordinary 10p shares currently in issue.

**  Special resolutions

The Company notes there was a sizable vote against Resolutions 12 & 13, representing 37.68% of votes cast on each resolution. Feedback received from certain shareholders indicated that some were concerned by the potential dilution caused by an allotment of shares, particularly on a non pre-emptive basis. The Board notes that it followed the Pre-emption Group Principles that the routine authority to disapply pre-emption rights should not exceed more than 5% of the ordinary share capital in any one year.

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

About Staffline - Recruitment, Training and Support

Enabling the Future of Work™

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 twenty industries, ten branch locations, fifteen 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 Division

Staffline is the leading adult skills and training provider in the UK, delivering adult education, prison education and skills-based employability programmes across the country.

 

END

 

 

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