Transaction in Own Shares

RNS Number : 7700F

Impellam Group plc

31 October 2018

 

31 October 2018

Impellam Group plc

("Impellam" or the "Company")

Transaction in Own Shares and Total Voting Rights

The Company announces that it has purchased 76,000 ordinary shares of 1p each ("Ordinary Shares"), at a price of 587.632 pence per share for cancellation. The Company purchased these Ordinary Shares through Cenkos Securities plc acting as its broker.

Date of purchase:	30 October 2018
Number of Ordinary Shares purchased (aggregated volume):	76,000
Price paid per Ordinary Share (pence):	587.632p
Venue where Ordinary Shares are traded	London Stock Exchange (AIM)

Following cancellation of the Ordinary Shares purchased, the number of Ordinary Shares in issue and admitted to trading on AIM will be reduced to 50,056,437. This figure of 50,056,437 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Enquiries:

Impellam Group plc

Julia Robertson, Chief Executive Officer                           01582 692658

Alison Wilford, Chief Financial Officer 

Cenkos Securities plc (Nominated adviser and broker)

Nicholas Wells / Mark Connelly / Callum Davidson       020 7397 8900

Note to Editors:

Impellam is the second largest¹ staffing business in the UK and sixth largest² Managed Services provider worldwide. Our vision is to be the world's most trusted staffing company - trusted by our people, our customers and our investors in equal measure.

We provide Managed Services and Specialist Staffing solutions across the UK, Europe, US, the Middle East and Australasia. We have over 3,200 Impellam people throughout our network of 18 market-leading brands across 168 worldwide locations.

Ultimately, Impellam Group's mission is to provide fulfilment and a sense of purpose to our people and to help customers build better businesses in a changing world.

For more information about Impellam Group please visit: www.impellam.com

1   By revenue (2016 published numbers)

2   By SUM (confirmed by Staffing Industry Analysts). Spend Under Management (SUM) is the total amount of client expenditure which our     Managed Service brands manage on behalf of their clients whether acting as a principal or agent. Management use this measure as it reflects the total value of the client spend to the Group and not just the revenue generated.

 

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