11 April 2025
Staffline Group plc
("Staffline", the "Company" or the "Group")
Director / PDMR Shareholding
Staffline (AIM: STAF), the recruitment and training group, announces that on 9 April 2025 awards under the Staffline Long Term Incentive Plan 2022 ("the LTIP 2022 awards") vested with certain PDMRs in respect of an aggregate of 1,066,368 LTIP 2022 share options (the "LTIP 2022 Options"). All of these LTIP 2022 Options have been immediately exercised by the respective LTIP 2022 share option holders (the "Participants").
Further details of the exercise of the LTIP 2022 Options are set out at the end of this announcement.
Upon the exercise of the LTIP 2022 Options, the tax and national insurance liabilities of the Participants arising on exercise of the options were settled at source by the Company, with a balancing net number of ordinary shares of 10p each in the Company ("Ordinary Shares") transferred into the Participants' names by the Trustee of the Staffline Employee Benefit Trust (the "EBT").
The Ordinary Shares awarded to PDMRs are set out in the table below.
| Director/ PDMR | Position | Total LTIP 2022 Options vesting | Ordinary Shares to be received net of tax and NIC liability |
| Albert Ellis | Chief Executive Officer | 441,691 | 234,096 |
| Daniel Quint | Chief Financial Officer | 347,043 | 183,933 |
| Martina McKenzie | MD Recruitment Ireland | 138,817 | 73,573 |
| Frank Atkinson | MD Recruitment GB | 138,817 | 73,573 |
Accordingly, the Employee Benefit Trust ("EBT") is transferring to the above listed individuals a total of 565,175 Ordinary Shares.
Albert Ellis and Daniel Quint now hold 1,231,392 and 945,423 Ordinary Shares, respectively, representing 0.92% and 0.71% of the issued share capital of the Company.
For further information, please contact:
| Staffline Group plc Albert Ellis, Chief Executive Officer Daniel Quint, Chief Financial Officer | via Vigo Consulting |
| | |
| Panmure Liberum Limited (Nominated Adviser and Broker) Nick How / Satbir Kler | 020 3100 2222 |
| | |
| 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
Enabling the Future of Work™
Staffline is one of the UK's leading Recruitment groups. It has two divisions:
Recruitment GB
The Recruitment GB business is a leading provider of flexible blue-collar workers, supplying up to c.35,000 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.
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Albert Ellis | ||||||
| 2 | Reason for notification | | ||||||
| a. | Position/Status | Chief Executive Officer | ||||||
| b. | Initial notification/ Amendment | Initial | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Staffline Group plc | ||||||
| b. | LEI | 213800BVLF1BCOJUH828 | ||||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a. | Description of the financial instrument, type of instrument | Ordinary Shares of 10p each | ||||||
| b. | Nature of the transaction | Exercise of LTIP 2022 Options over Ordinary Shares and transfer of Ordinary Shares by Staffline Employee Benefit Trust
| ||||||
| c. | Price(s) and volume(s) |
| ||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - single transaction
| ||||||
| e. | Date of the transaction | 9 April 2025 | ||||||
| f. | Place of the transaction | Outside a trading venue
| ||||||
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Daniel Quint | ||||||
| 2 | Reason for notification | | ||||||
| a. | Position/Status | Chief Financial Officer | ||||||
| b. | Initial notification/ Amendment | Initial | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Staffline Group plc | ||||||
| b. | LEI | 213800BVLF1BCOJUH828 | ||||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a. | Description of the financial instrument, type of instrument | Ordinary Shares of 10p each | ||||||
| b. | Nature of the transaction | Exercise of LTIP 2022 Options over Ordinary Shares and transfer of Ordinary Shares by Staffline Employee Benefit Trust
| ||||||
| c. | Price(s) and volume(s) |
| ||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - single transaction
| ||||||
| e. | Date of the transaction | 9 April 2025 | ||||||
| f. | Place of the transaction | Outside a trading venue
| ||||||
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Martina McKenzie | ||||||
| 2 | Reason for notification | MD Recruitment Ireland | ||||||
| a. | Position/Status | | ||||||
| b. | Initial notification/ Amendment | Initial | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Staffline Group plc | ||||||
| b. | LEI | 213800BVLF1BCOJUH828 | ||||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a. | Description of the financial instrument, type of instrument | Ordinary Shares of 10p each | ||||||
| b. | Nature of the transaction | Exercise of LTIP 2022 Options over Ordinary Shares and transfer of Ordinary Shares by Staffline Employee Benefit Trust
| ||||||
| c. | Price(s) and volume(s) |
| ||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - single transaction
| ||||||
| e. | Date of the transaction | 9 April 2025 | ||||||
| f. | Place of the transaction | Outside a trading venue
| ||||||
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Frank Atkinson | ||||||
| 2 | Reason for notification | MD Recruitment GB | ||||||
| a. | Position/Status | | ||||||
| b. | Initial notification/ Amendment | Initial | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Staffline Group plc | ||||||
| b. | LEI | 213800BVLF1BCOJUH828 | ||||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a. | Description of the financial instrument, type of instrument | Ordinary Shares of 10p each | ||||||
| b. | Nature of the transaction | Exercise of LTIP 2022 Options over Ordinary Shares and transfer of Ordinary Shares by Staffline Employee Benefit Trust
| ||||||
| c. | Price(s) and volume(s) |
| ||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - single transaction
| ||||||
| e. | Date of the transaction | 9 April 2025 | ||||||
| f. | Place of the transaction | Outside a trading venue
| ||||||
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