Staffline Group PLC Transaction in Own Shares & Total Voting Rights (8734Q)

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RNS Number : 8734Q

Staffline Group PLC

23 October 2023

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU NO. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR").

23 October 2023

Staffline Group plc

("Staffline" or the "Company")

Transaction in Own Shares

and

Total Voting Rights

The Company announces that in accordance with the authority given by its shareholders at its Annual General Meeting on 12 June 2023 and pursuant to the Company's share buy-back announced on 4 October 2023, it has purchased for cancellation through Liberum Capital Limited, the following ordinary shares in the capital of the Company ("Ordinary Shares"):

 
 Date of purchase:                      20 October 2023 
 Aggregate number of ordinary shares 
  purchased:                            56,624 
                                       ---------------------- 
 Trading venue:                         London Stock Exchange 
                                       ---------------------- 
 Lowest price paid per share (p):       25.6p 
                                       ---------------------- 
 Highest price paid per share (p):      25.6p 
                                       ---------------------- 
 Average price paid per share (p):      25.6p 
                                       ---------------------- 
 

Following cancellation of the above Ordinary Shares, the Company will have 153,013,930 Ordinary Shares in issue. No Ordinary Shares are held in treasury.

This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further information, please contact:

 
 Staffline Group plc                       via Vigo Consulting 
  www.stafflinegroupplc.co.uk 
  Albert Ellis, Chief Executive Officer 
  Daniel Quint, Chief Financial Officer 
 
 Liberum (Nominated Adviser and Broker) 
  www.liberum.com 
  Richard Lindley / Satbir Kler            020 3100 2222 
 
 Zeus (Joint Broker) 
  www.zeuscapital.co.uk 
  David Foreman (Investment Banking) 
  Nick Searle (Sales)                      020 3829 5000 
 
 Vigo Consulting (Financial PR)            020 7390 0230 
  www.vigoconsulting.com                    [e-mail] 
  Jeremy Garcia / Kate Kilgallen 
 

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 three divisions:

Recruitment GB

Staffline is a leading provider of flexible blue-collar workers, supplying c.31,000 staff per day on average from around 400 sites, across a wide range of industries including 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

Staffline is the leading adult skills and training provider in the UK, delivering adult education, prison education and skills-based employability programmes across the country.

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(END) Dow Jones Newswires

October 23, 2023 02:01 ET (06:01 GMT)