Staffline Group PLC Prison Education contract wins (3009M)

TIDMSTAF

RNS Number : 3009M

Staffline Group PLC

07 January 2019

7 January 2019

STAFFLINE GROUP PLC

("Staffline" or "the Group")

Prison Education contract wins

Staffline, the Recruitment and Training group, is pleased to announce that its PeoplePlus division has been successful in the latest round of Prison Education tenders, securing contracts worth a total of GBP104.6 million over a four-year period.

At the Group's interim results, management set a target to double Staffline's share of the Prison Education market from c. 10% to c. 20%, and following the latest round of allocations, Staffline will have a c.25% share and will operate in 22 prisons across the UK. The Group's success in this latest procurement process includes retaining all of Staffline's existing contracts and adding significant further delivery.

Chris Pullen, Chief Executive Officer of Staffline, commented:

"Growing our presence in prison education is a key strategic priority for our PeoplePlus division, and I am delighted that we have managed to exceed the target that we set at the interims. This strong performance is underpinned by our innovative proposition and demonstrates our continued success in transitioning PeoplePlus into the UK's leading skills and training provider."

 
 For further information, please contact: 
 Staffline Group plc                           via Vigo Communications 
  www.stafflinegroupplc.co.uk 
  Chris Pullen, Chief Executive Officer 
  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              020 7390 0230 
  www.vigocomms.com                             staffline@vigocomms.com 
  Jeremy Garcia / Antonia Pollock / Charlie 
  Neish

Market Abuse Regulation

This announcement is released by Staffline Group plc and contains inside information for the purposes of the Market Abuse Regulation (EU) 596/2014 ("MAR") and is disclosed in accordance with the Company's obligations under Article 17 of MAR. The person who arranged for the release of this announcement on behalf of Staffline Group plc was Michael Watts, Group Chief Financial Officer.

Note for Editors

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.

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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January 07, 2019 02:00 ET (07:00 GMT)

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