22
February 2024
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 2,195,608 ordinary shares of 10 pence each in the Company
("Ordinary Shares") on 22 February 2024 at an average price of
31.98 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 7,916,391 ordinary shares, representing 5.31 per cent of the
Company's total voting rights, are held in the EBT.
For
further information, please contact:
Staffline Group plc
www.stafflinegroupplc.co.uk
Albert Ellis, Chief Executive
Officer
Daniel Quint, Chief Financial
Officer
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via Vigo Consulting
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Liberum (Nominated Adviser and Broker)
www.liberum.com
Richard Lindley / Satbir
Kler
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020 3100 2222
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Zeus (Joint Broker)
www.zeuscapital.co.uk
David Foreman (Investment
Banking)
Nick Searle (Sales)
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020 3829 5000
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Vigo Consulting (Financial PR)
www.vigoconsulting.com
Jeremy Garcia / Verity
Snow
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020 7390 0230
Staffline@vigoconsulting.com
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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.