Staffline Group PLC £35 million contract wins (6594S)

TIDMSTAF

RNS Number : 6594S

Staffline Group PLC

13 March 2019

For immediate release 13 March 2019

STAFFLINE GROUP PLC

("Staffline" or "the Group")

GBP35 million contract wins

Staffline, the Recruitment and Training group, is pleased to announce that its PeoplePlus division has been successful in the latest round of Education and Skills Funding Agency's ("ESFA") European Social Fund competition, securing contracts worth a total of GBP35 million over a 27-month period, commencing in April 2019. The contracts cover 10 Local Enterprise Partnership ("LEP") areas across England.

PeoplePlus currently delivers equivalent European Social Fund contracts worth GBP14 million, so these wins represent an increase of 250% and make PeoplePlus the largest provider of Skills Support for the Unemployed with a market share of c.47%.

Chris Pullen, Chief Executive Officer of Staffline, commented:

"Expanding our presence in training and skills is a key strategic growth priority for our PeoplePlus division. These excellent competition results build on our outstanding track record of supporting unemployed people to move into work, and further 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, 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

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.

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March 13, 2019 03:00 ET (07:00 GMT)

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