TIDMSTAF
RNS Number : 9901V
Staffline Group PLC
27 July 2018
For immediate release 27 July 2018
STAFFLINE GROUP PLC
("Staffline" or "the Company")
Vesting and Sale of interests in 2013 Joint Share Ownership Plan
("JSOP")
Staffline, the Recruitment and Training group announces today
that, in relation to its 2013 JSOP, all earnings per share and
total shareholder return targets have been met in full and that on
30 June 2018, 1,175,000 ordinary shares of 10p in the Company
("JSOP Shares") vested.
The JSOP rules require that that the Employee Benefit Trust
("EBT") sell all vested JSOP Shares for the benefit of the plan
participant. Accordingly, the EBT has sold JSOP Shares for the
benefit of the following Directors and PDMR's:
Director/PDMR Position JSOP Shares sold
----------------- ------------------------------------------- ----------------
Martina McKenzie PDMR - Managing director Ireland division 40,000
----------------- ------------------------------------------- ----------------
PDMR - Managing director Recruitment
Mark Underwood division 40,000
----------------- ------------------------------------------- ----------------
Craig Glover PDMR - Food director Recruitment division 40,000
----------------- ------------------------------------------- ----------------
Lee Garner PDMR - Sales director Recruitment division 40,000
----------------- ------------------------------------------- ----------------
PDMR - Agriculture director Recruitment
James Davies division 40,000
----------------- ------------------------------------------- ----------------
The JSOP Shares were held by Staffline's EBT, so no new shares
are required to be issued.
Following the sale, the number of shares held by Staffline's EBT
is 1,140,400 ordinary shares, or 4.08% of the 27,944,389 ordinary
shares in issue.
Details of each transaction can be found in the Annex pages that
follow.
For further information, please contact:
Staffline Group plc www.stafflinegroupplc.co.uk
Chris Pullen, Chief Executive Officer 07786 265344
Michael Watts, Group Chief Financial Officer 07970 215262
investors@staffline.co.uk
Liberum NOMAD and Joint Broker www.liberum.com
Steve Pearce / Joshua Hughes 020 3100 2222
Berenberg Joint Broker www.berenberg.com
Chris Bowman / Toby Flaux 020 3207 7800
Buchanan PR and Communications www.buchanan.uk.com
Richard Oldworth / Jamie Hooper / Madeleine Seacombe 020 7466
5000
staffline@buchanan.uk.com
About Staffline - Recruitment, Training and Support
Enabling the Future of Work(TM)
Staffline is the UK's market leading recruitment and training
group. It has two divisions:
Recruitment Division
The UK's leading provider of flexible blue-collar workers,
supplying over 60,000 staff per day to c. 1,500 private sector
clients, across a wide range of industries including agriculture,
drinks, driving, food processing, logistics and manufacturing. It
operates from over 400 locations in UK, Eire and Poland.
Its world leading Customer Experience platform provides
optimised customer-based staffing management solutions whilst
providing market-leading levels of job satisfaction for
workers.
PeoplePlus Division
The leading adult skills and training provider in the UK,
delivering apprenticeships, adult education, prison education and
skills-based employability programmes across the country.
Education and Training - market leading provider of training
courses for private sector Apprenticeships (both Levy and non-Levy)
and Government funded Adult Skills programmes.
Employability - top quartile performer, supporting Government
programmes providing back-to-work education and support services to
the unemployed.
Justice and Community - education and training services for
prisoners and ex-offenders, as well as individual support services
for carers and people with disabilities, both at home and in the
work place
ANNEX
The following notifications are intended to satisfy the
Company's obligations under Article 19(3) of EU Regulation No
596/2014 (the Market Abuse Regulation).
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities/person
closely associated
--- -----------------------------------------------------------------------
a) Name Martina McKenzie
--- -------------------------- -------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------
a) Position/status PDMR - Managing director Ireland division
--- -------------------------- -------------------------------------------
b) Initial notification/ INITIAL NOTIFICATION
Amendment
--- -------------------------- -------------------------------------------
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 ORDINARY SHARES OF 10P EACH
instrument,
type of instrument
Identification GB00B040L800
code
--- -------------------------- -------------------------------------------
b) Nature of Sale of JSOP Shares jointly held with
the transaction the Company's EBT
--- -------------------------- -------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP10.30 40,000
---------- ----------
--- -------------------------- -------------------------------------------
d) Aggregated
information NOT APPLICABLE - SINGLE TRANSACTION
* Aggregated volume
* Price
--- -------------------------- -------------------------------------------
e) Date of the 26 JULY 2018
transaction
--- -------------------------- -------------------------------------------
f) Place of LONDON STOCK EXCHANGE
the transaction
--- -------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
--- -----------------------------------------------------------------------
a) Name Mark Underwood
--- ---------------------------- -----------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------
a) Position/status PDMR - Managing director Recruitment
division
--- ---------------------------- -----------------------------------------
b) Initial notification/ INITIAL NOTIFICATION
Amendment
--- ---------------------------- -----------------------------------------
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 ORDINARY SHARES OF 10P EACH
instrument,
type of instrument
Identification GB00B040L800
code
--- ---------------------------- -----------------------------------------
b) Nature of Sale of JSOP Shares jointly held with
the transaction the Company's EBT
--- ---------------------------- -----------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP10.30 40,000
---------- ----------
--- ---------------------------- -----------------------------------------
d) Aggregated
information NOT APPLICABLE - SINGLE TRANSACTION
* Aggregated volume
* Price
--- ---------------------------- -----------------------------------------
e) Date of the 26 JULY 2018
transaction
--- ---------------------------- -----------------------------------------
f) Place of LONDON STOCK EXCHANGE
the transaction
--- ---------------------------- -----------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
--- -----------------------------------------------------------------------
a) Name Craig Glover
--- -------------------------- -------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------
a) Position/status PDMR - Food director Recruitment division
--- -------------------------- -------------------------------------------
b) Initial notification/ INITIAL NOTIFICATION
Amendment
--- -------------------------- -------------------------------------------
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 ORDINARY SHARES OF 10P EACH
instrument,
type of instrument
Identification GB00B040L800
code
--- -------------------------- -------------------------------------------
b) Nature of Sale of JSOP Shares jointly held with
the transaction the Company's EBT
--- -------------------------- -------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP10.30 40,000
---------- ----------
--- -------------------------- -------------------------------------------
d) Aggregated
information NOT APPLICABLE - SINGLE TRANSACTION
* Aggregated volume
* Price
--- -------------------------- -------------------------------------------
e) Date of the 26 JULY 2018
transaction
--- -------------------------- -------------------------------------------
f) Place of LONDON STOCK EXCHANGE
the transaction
--- -------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
--- -----------------------------------------------------------------------
a) Name Lee Garner
--- -------------------------- -------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------
a) Position/status PDMR - Sales director Recruitment division
--- -------------------------- -------------------------------------------
b) Initial notification/ INITIAL NOTIFICATION
Amendment
--- -------------------------- -------------------------------------------
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 ORDINARY SHARES OF 10P EACH
instrument,
type of instrument
Identification GB00B040L800
code
--- -------------------------- -------------------------------------------
b) Nature of Sale of JSOP Shares jointly held with
the transaction the Company's EBT
--- -------------------------- -------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP10.30 40,000
---------- ----------
--- -------------------------- -------------------------------------------
d) Aggregated
information NOT APPLICABLE - SINGLE TRANSACTION
* Aggregated volume
* Price
--- -------------------------- -------------------------------------------
e) Date of the 26 JULY 2018
transaction
--- -------------------------- -------------------------------------------
f) Place of LONDON STOCK EXCHANGE
the transaction
--- -------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
--- -----------------------------------------------------------------------
a) Name James Davies
--- --------------------------- ------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------
a) Position/status PDMR - Agriculture director Recruitment
division
--- --------------------------- ------------------------------------------
b) Initial notification/ INITIAL NOTIFICATION
Amendment
--- --------------------------- ------------------------------------------
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 ORDINARY SHARES OF 10P EACH
instrument,
type of instrument
Identification GB00B040L800
code
--- --------------------------- ------------------------------------------
b) Nature of Sale of JSOP Shares jointly held with
the transaction the Company's EBT
--- --------------------------- ------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP10.30 40,000
---------- ----------
--- --------------------------- ------------------------------------------
d) Aggregated
information NOT APPLICABLE - SINGLE TRANSACTION
* Aggregated volume
* Price
--- --------------------------- ------------------------------------------
e) Date of the 26 JULY 2018
transaction
--- --------------------------- ------------------------------------------
f) Place of LONDON STOCK EXCHANGE
the transaction
--- --------------------------- ------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHRRMRTMBATMTP
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