Staffline Group PLC EBT Share Purchase (0160O)
January 26 2023 - 10:45AM
UK Regulatory
TIDMSTAF
RNS Number : 0160O
Staffline Group PLC
26 January 2023
26 January 2023
Staffline Group plc
("Staffline", the "Company" or the "Group")
EBT Share Purchase
The Company was notified by the trustees of The Staffline Group
plc Employee Benefit Trust (the "EBT") that the EBT purchased
500,000 ordinary shares of 10 pence each in the Company ("Ordinary
Shares") on 26 January 2023 at an average price of 33.00 pence per
share.
Shares held in the EBT are intended to be used to satisfy awards
made under the Staffline employee share schemes. The EBT is a
discretionary trust for the benefit of employees of Staffline Group
plc and its subsidiaries. The purchase of Ordinary Shares by the
EBT has been funded by a loan provided by the Company from its
existing cash resources.
Following this transaction, a total of 2,514,511 ordinary
shares, representing 1.52 per cent of the Company's total voting
rights, are held in the EBT.
For further information, please contact:
Staffline Group plc via Vigo Consulting
www.stafflinegroupplc.co.uk
Albert Ellis, Chief Executive Officer
Daniel Quint, Chief Financial Officer
Liberum (Nominated Adviser and Broker)
www.liberum.com
Richard Lindley / William Hall / Lucas
Bamber 020 3100 2222
Zeus (Joint Broker)
www.zeuscapital.co.uk
David Foreman (Investment Banking)
Nick Searle (Sales) 020 3829 5000
Vigo Consulting (Financial PR) 020 7390 0230
www.vigoconsulting.com Staffline@vigoconsulting.com
Jeremy Garcia / Kate Kilgallen
Market Abuse Regulation:
For the purposes of MAR, Article 2 of Commission Implementing
Regulation (EU) 2016/1055 and the UK version of such implementing
regulation, the person responsible for arranging for the release of
this Announcement on behalf of the Company is Daniel Quint, Chief
Financial Officer.
About Staffline
Providing workforce solutions
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
PeoplePlus is leading skills and employability business with a
clear purpose to help people transform their lives, get jobs and
keep jobs, and develop their careers. The division works with
employers to develop workforces of the future, and with central,
local and devolved governments to support their economic and social
policy agendas.
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END
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