7 January 2019
STAFFLINE GROUP PLC
("Staffline" or "the Group")
Prison Education contract wins
Staffline, the Recruitment and Training group, is pleased to announce that its PeoplePlus division has been successful in the latest round of Prison Education tenders, securing contracts worth a total of £104.6 million over a four-year period.
At the Group's interim results, management set a target to double Staffline's share of the Prison Education market from c. 10% to c. 20%, and following the latest round of allocations, Staffline will have a c.25% share and will operate in 22 prisons across the UK. The Group's success in this latest procurement process includes retaining all of Staffline's existing contracts and adding significant further delivery.
Chris Pullen, Chief Executive Officer of Staffline, commented:
"Growing our presence in prison education is a key strategic priority for our PeoplePlus division, and I am delighted that we have managed to exceed the target that we set at the interims. This strong performance is underpinned by our innovative proposition and demonstrates our continued success in transitioning PeoplePlus into the UK's leading skills and training provider."
For further information, please contact: |
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Staffline Group plc Chris Pullen, Chief Executive Officer Michael Watts, Group Chief Financial Officer |
via Vigo Communications |
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Liberum NOMAD and Joint Broker Steve Pearce / Joshua Hughes |
020 3100 2222 |
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Berenberg Joint Broker Chris Bowman / Toby Flaux |
020 3207 7800
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Vigo Communications Financial PR Jeremy Garcia / Antonia Pollock / Charlie Neish |
020 7390 0230
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Market Abuse Regulation
This announcement is released by Staffline Group plc and contains inside information for the purposes of the Market Abuse Regulation (EU) 596/2014 ("MAR") and is disclosed in accordance with the Company's obligations under Article 17 of MAR. The person who arranged for the release of this announcement on behalf of Staffline Group plc was Michael Watts, Group Chief Financial Officer.
Note for Editors
About Staffline - Recruitment, Training and Support
Enabling the Future of Work™
Staffline is the UK's market leading Recruitment and Training group. It has two divisions:
Recruitment Division
The UK's leading provider of flexible blue-collar workers, supplying over 60,000 staff per day to c. 1,500 private sector clients, across a wide range of industries including agriculture, drinks, driving, food processing, logistics and manufacturing. It operates from over 400 locations in UK, Eire and Poland.
Its world leading Customer Experience platform provides optimised customer-based staffing management solutions whilst providing market-leading levels of job satisfaction for workers.
PeoplePlus Division
The leading adult skills and training provider in the UK, delivering apprenticeships, adult education, prison education and skills-based employability programmes across the country.
Education and Training - market leading provider of training courses for private sector Apprenticeships (both Levy and non-Levy) and Government funded Adult Skills programmes.
Employability - top quartile performer, supporting Government programmes providing back-to-work education and support services to the unemployed.
Justice and Community - education and training services for prisoners and ex-offenders, as well as individual support services for carers and people with disabilities, both at home and in the work place.