29 October 2021
Staffline Group plc
("Staffline" or the "Group")
Grant of Options under SAYE Scheme
Staffline (AIM: STAF), the recruitment and training group, announces the grant of options to employees as part of its Save As You Earn ("SAYE") share scheme for 2021. The scheme is open to all permanent employees in the UK, giving them the opportunity to participate in the future growth of the Group via share option arrangements.
Eligible employees were invited to subscribe for options over Staffline's ordinary shares of 10.00p each ("Ordinary Shares") with an exercise price of 50.56p, a 20% discount to the closing middle market price of 63.20p on the trading day before the invitation to participate was made on 8 October 2021. The options have a contract start date of 1 December 2021 and are exercisable between 1 December 2024 and 31 May 2025.
A total of 272 employees elected to participate, and, pursuant to these elections, a total of 2,430,723 options over Ordinary Shares were granted on 29 October 2021, equating to 1.466% of the current issued share capital of 165,767,728 shares.
Options totalling 188,685 shares were granted to the following employees who are regarded as a Person Discharging Managerial Responsibilities ("PDMR"):
| Name | Role | Division | Shares under option in SAYE |
| Albert Ellis | Chief Executive Officer | Staffline Group plc | 35,601 |
| Daniel Quint | Chief Financial Officer | Staffline Group plc | 35,601 |
| Frank Atkinson | Managing Director | Recruitment GB | 10,680 |
| Martina McKenzie | Managing Director | Recruitment Ireland | 35,601 |
| Ben De Lucchi | Finance Director | Recruitment GB | 35,601 |
| Scott Martin | Finance Director | Recruitment Ireland | 35,601 |
Enquiries:
| Staffline Group plc Albert Ellis, Chief Executive Officer Daniel Quint, Chief Financial Officer | via Vigo Consulting |
| | |
| Liberum (Nominated Adviser and Broker) Richard Lindley / William Hall / Christopher Whitaker | 020 3100 2222 |
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| Vigo Consulting (Financial PR) Jeremy Garcia / Antonia Pollock | 020 7390 0230 Staffline@vigoconsulting.com
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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 20 industries, 10 branch locations, 15 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
PeoplePlus is a 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.
The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
| 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 | Grant of options to purchase Ordinary Shares of 10p each under the Staffline Group PLC 'Save As You Earn' Scheme 2021 | ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| 50.56p | 35,601 | | ||||||
| | ||||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - Single transaction
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| e. | Date of the transaction | 29 October 2021 | ||||||
| f. | Place of the transaction | Off market | ||||||
| | | | | | | | | |
| 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 | Grant of options to purchase Ordinary Shares of 10p each under the Staffline Group PLC 'Save As You Earn' Scheme 2021 | ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| 50.56p | 35,601 | | ||||||
| | ||||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - Single transaction
| ||||||
| e. | Date of the transaction | 29 October 2021 | ||||||
| f. | Place of the transaction | Off market | ||||||
| | | | | | | | | |
| 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 |
| ||||||
| a. | Position/Status | Managing Director: Recruitment GB | ||||||
| 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 | Grant of options to purchase Ordinary Shares of 10p each under the Staffline Group PLC 'Save As You Earn' Scheme 2021 | ||||||
| c. | Price(s) and volume(s) |
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| Price(s) | Volume(s) |
| |||||
| 50.56p | 10,680 |
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|
| ||||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - Single transaction
| ||||||
| e. | Date of the transaction | 29 October 2021 | ||||||
| f. | Place of the transaction | Off market | ||||||
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|
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|
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| 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 |
| ||||||
| a. | Position/Status | Managing Director: Recruitment Ireland | ||||||
| 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 | Grant of options to purchase Ordinary Shares of 10p each under the Staffline Group PLC 'Save As You Earn' Scheme 2021 | ||||||
| c. | Price(s) and volume(s) |
|
|
|
|
| ||
|
| Price(s) | Volume(s) |
| |||||
| 50.56p | 35,601 |
| ||||||
|
| ||||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - Single transaction
| ||||||
| e. | Date of the transaction | 29 October 2021 | ||||||
| f. | Place of the transaction | Off market | ||||||
| | | | | | | | | |
| 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 | Ben De Lucchi | ||||||
| 2 | Reason for notification |
| ||||||
| a. | Position/Status | Finance Director, Recruitment GB | ||||||
| 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 | Grant of options to purchase Ordinary Shares of 10p each under the Staffline Group PLC 'Save As You Earn' Scheme 2021 | ||||||
| c. | Price(s) and volume(s) |
|
|
|
|
| ||
|
| Price(s) | Volume(s) |
| |||||
| 50.56p | 35,601 |
| ||||||
|
| ||||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - Single transaction
| ||||||
| e. | Date of the transaction | 29 October 2021 | ||||||
| f. | Place of the transaction | Off market | ||||||
| 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 | Scott Martin | ||||||
| 2 | Reason for notification |
| ||||||
| a. | Position/Status | Finance Director, Recruitment Ireland | ||||||
| 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 | Grant of options to purchase Ordinary Shares of 10p each under the Staffline Group PLC 'Save As You Earn' Scheme 2021 | ||||||
| c. | Price(s) and volume(s) |
|
|
|
|
| ||
|
| Price(s) | Volume(s) |
| |||||
| 50.56p | 35,601 |
| ||||||
|
| ||||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - Single transaction
| ||||||
| e. | Date of the transaction | 29 October 2021 | ||||||
| f. | Place of the transaction | Off market | ||||||
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