9 November 2022
Staffline Group plc
("Staffline", the "Company" or the "Group")
Grant of Options under SAYE Scheme
Staffline Group Plc, the recruitment and training group, announces the grant of options to employees as part of its Save As You Earn ("SAYE") share scheme for 2022. 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 10p each ("Ordinary Shares") with an exercise price of 29.96p, a 20% discount to the closing middle market price of 37.45p on the trading day before the invitation to participate was made on 12 October 2022. The options have a contract start date of 1 December 2022 and are exercisable between 1 December 2025 and 31 May 2026.
A total of 196 employees elected to participate, and, pursuant to these elections, a total of 3,277,333 options over Ordinary Shares were granted on 8 November 2022, equating to 1.98% of the current issued share capital of 165,767,728 shares.
Options totalling 222,296 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 | 60,080 |
| Daniel Quint | Chief Financial Officer | Staffline Group plc | 60,080 |
| Frank Atkinson | Managing Director | Recruitment GB | 42,056 |
| Martina McKenzie | Managing Director | Recruitment Ireland | 60,080 |
* Each PDMR listed above is forfeiting options held under the SAYE scheme for 2021.
For further information, please contact:
| 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 | 020 3100 2222 |
| | |
| Vigo Consulting (Financial PR) Jeremy Garcia / Kate Kilgallen | 020 7390 0230 Staffline@vigoconsulting.com
|
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.33,000 staff per day on average from around 400 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 and ten onsite customer locations, supplying c.4,500 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.
The Notification of Dealing Forms set out below are provided 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 |
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| 1 | Details of the person discharging managerial responsibilities/person closely associated |
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| a. | Name | Albert Ellis |
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| 2 | Reason for notification | |
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| a. | Position/Status | Chief Executive Officer |
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| b. | Initial notification/ Amendment | Initial |
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| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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| a. | Name | Staffline Group plc |
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| b. | LEI | 213800BVLF1BCOJUH828 |
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| 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 |
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| c. | Price(s) and volume(s) | | |
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| | Price(s) | Volume(s) | |
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| 29.96p | 60,080 | |
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| |
| |||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - Single transaction
|
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| e. | Date of the transaction | 8 November 2022 |
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| f. | Place of the transaction | Off market |
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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 | 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) | |
| ||||
| | 29.96p | 60,080 | |
| ||||
| |
| |||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - Single transaction
|
| |||||
| e. | Date of the transaction | 8 November 2022 |
| |||||
| f. | Place of the transaction | Off market |
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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 | Frank Atkinson |
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| 2 | Reason for notification | |
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| a. | Position/Status | Managing Director: Recruitment GB |
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| 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) | |
| ||||
| 29.96p | 42,056 | |
| |||||
| |
| |||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - Single transaction
|
| |||||
| e. | Date of the transaction | 8 November 2022 |
| |||||
| 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 | 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) | |
| ||||
| 29.96p | 60,080 | |
| |||||
| |
| |||||||
| d. | Aggregated information - Aggregated Volume - Price | N/A - Single transaction
|
| |||||
| e. | Date of the transaction | 8 November 2022 |
| |||||
| f. | Place of the transaction | Off market |
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| | | | | | | | | |
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