TIDMSTAF

RNS Number : 0999B

Staffline Group PLC

18 September 2018

 
 For immediate release   18 September 2018 
 

STAFFLINE GROUP PLC

("Staffline" or the "Group")

Grant of Options under 2018 Share Scheme

Staffline, the Recruitment and Training organisation, announces the grant of options to employees as part of its Save As You Earn ("SAYE") share scheme for 2018. The scheme is open to all permanent employees who have completed at least six months continuous service, 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 GBP9.76, a 20% discount to the closing middle market price of GBP12.20 on the trading day before the invitation to participate was made. The options have a contract start date of 1 December 2018 and are exercisable between 1 December 2021 and 31 May 2022.

A total of 167 employees elected to participate, and, pursuant to these elections, a total of 73,588 options over Ordinary Shares were granted on 18 September 2018, equating to 0.26% of the current issued share capital of 27,944,389 shares. These shares are expected to be satisfied from the 1,140,400 Ordinary 10p Shares currently held by the Employee Benefit Trust.

Options totaling 5,907 shares were granted to the following four employees who are regarded as Persons Discharging Managerial Responsibilities ("PDMR's"):

 
 Reference   Name          Role                   Division      Shares under 
   number                                                       option in SAYE 
     1       S Rouse       Managing Director     PeoplePlus         1,844 
            ------------  --------------------  ------------  ---------------- 
     2       M Underwood   Managing Director     Recruitment        1,844 
            ------------  --------------------  ------------  ---------------- 
     3       C Glover      Divisional Director   Recruitment        1,106 
            ------------  --------------------  ------------  ---------------- 
     4       D Hughes      Divisional Director   Recruitment        1,113 
            ------------  --------------------  ------------  ---------------- 
 

Details of each transaction can be found in the Annex pages that follow.

 
 For further information, please contact: 
 Staffline Group plc                           investors@staffline.co.uk 
  www.stafflinegroupplc.co.uk                   07786 265344 
  Chris Pullen, Chief Executive Officer         07970 215262 
  Michael Watts, Group Chief Financial 
  Officer 
 
 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 
 
 Vigo Communications Financial PR and          staffline@vigocomms.com 
  Investor Relations                            020 7390 0230 
  www.vigocomms.com 
  Jeremy Garcia / Antonia Pollock / Charlie 
  Neish 
 

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.

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                         SIMON ROUSE 
     ---------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status              MANAGING DIRECTOR - PEOPLEPLUS 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                    GRANT OF OPTIONS TO PURCHASE ORDINARY 
       the transaction              SHARES OF 10P EACH UNDER THE STAFFLINE 
                                    GROUP PLC SAVE AS YOU EARN SCHEME 2018 
     ---------------------------  ------------------------------------------ 
 c)   Price(s)                       Price(s)    Volume(s) 
       and volume(s)                  GBP9.76     1,844 
                                                 ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated 
       information                   NOT APPLICABLE 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the                  18 SEPTEMBER 2018 
       transaction 
     ---------------------------  ------------------------------------------ 
 f)   Place of                     OFF MARKET 
       the transaction 
     ---------------------------  ------------------------------------------ 
 

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                         MARK UNDERWOOD 
     ---------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status              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                    GRANT OF OPTIONS TO PURCHASE ORDINARY 
       the transaction              SHARES OF 10P EACH UNDER THE STAFFLINE 
                                    GROUP PLC SAVE AS YOU EARN SCHEME 2018 
     ---------------------------  ------------------------------------------ 
 c)   Price(s)                       Price(s)    Volume(s) 
       and volume(s)                  GBP9.76     1,844 
                                                 ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated 
       information                   NOT APPLICABLE 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the                  18 SEPTEMBER 2018 
       transaction 
     ---------------------------  ------------------------------------------ 
 f)   Place of                     OFF MARKET 
       the transaction 
     ---------------------------  ------------------------------------------ 
 

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                        CRAIG GLOVER 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             DIVISIONAL 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                   GRANT OF OPTIONS TO PURCHASE ORDINARY 
       the transaction             SHARES OF 10P EACH UNDER THE STAFFLINE 
                                   GROUP PLC SAVE AS YOU EARN SCHEME 2018 
     --------------------------  ------------------------------------------- 
 c)   Price(s)                      Price(s)    Volume(s) 
       and volume(s)                 GBP9.76     1,106 
                                                ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated 
       information                  NOT APPLICABLE 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 18 SEPTEMBER 2018 
       transaction 
     --------------------------  ------------------------------------------- 
 f)   Place of                    OFF MARKET 
       the transaction 
     --------------------------  ------------------------------------------- 
 

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                        DYLAN HUGHES 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             DIVISIONAL 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                   GRANT OF OPTIONS TO PURCHASE ORDINARY 
       the transaction             SHARES OF 10P EACH UNDER THE STAFFLINE 
                                   GROUP PLC SAVE AS YOU EARN SCHEME 2018 
     --------------------------  ------------------------------------------- 
 c)   Price(s)                      Price(s)    Volume(s) 
       and volume(s)                 GBP9.76     1,113 
                                                ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated 
       information                  NOT APPLICABLE 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 18 SEPTEMBER 2018 
       transaction 
     --------------------------  ------------------------------------------- 
 f)   Place of                    OFF MARKET 
       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

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September 18, 2018 05:00 ET (09:00 GMT)

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