31 July 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 240,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") on 30 July 2024 at an average price of 38.58 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 8,413,206 ordinary shares, representing 5.70 per cent of the Company's total voting rights, are held in the EBT.
For further information, please contact:
| Staffline Group plc Albert Ellis, Chief Executive Officer Daniel Quint, Chief Financial Officer | via Vigo Consulting |
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| Panmure Liberum (Nominated Adviser and Broker) Richard Lindley / Satbir Kler | 020 3100 2222 |
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| Zeus (Joint Broker) David Foreman (Investment Banking) Nick Searle (Sales) | 020 3829 5000 |
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| Vigo Consulting (Financial PR) Jeremy Garcia / Verity Snow | 020 7390 0230 Staffline@vigoconsulting.com
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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
The Recruitment GB business is a leading provider of flexible blue-collar workers, supplying c.30,000 staff per day on average from around 400 sites, across a wide range of industries including supermarkets, drinks, driving, food processing, logistics and manufacturing.
Recruitment Ireland
The Recruitment Ireland business is a leading end to end solutions provider operating across multiple industries, ten branch locations and ten onsite customer locations, supplying c.4,500 staff per day on average, and offering RPO, MSP, temporary and permanent solutions across public and private sectors throughout the island of Ireland.
PeoplePlus Division
The PeoplePlus business is a leading provider of employability, adult training, prison education and skills-based programmes across the country to those who are disadvantaged in society. In addition, it delivers Community Service support as well as social value services and expertise to employers.
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