Award of Options

RNS Number : 6199B

Staffline Group PLC

20 June 2016

 

For immediate release                                                                                                                        20 June 2016

STAFFLINE GROUP PLC

("Staffline" or "the Group")

Award of Options

Staffline, the Staffing and Employability organisation, providing people and operational expertise to industry, wishes to announce that on 17^th June 2016, 100,000 options over ordinary shares in the Company were granted to Chris Pullen, Group Chief Financial Officer of the Company. These share options are exercisable at 991.5 pence per share provided that Diluted Underlying EPS for the financial year ended 31 December 2018 is equal to or greater than 115.5 pence. The earliest vesting date is 16^th June 2019.

* Underlying adjusts for amortisation of acquired intangibles, share based payment charge, transaction costs and reorganisation costs including tax effect

For further information, please contact:

Staffline Group plc                                                        Andy Hogarth, Chief Executive                                  Chris Pullen, Group Chief Financial Officer                www.staffline.co.uk	07931 175775 07786 265344
Liberum Capital Limited                                              NOMAD & Joint Broker Steve Pearce / Steve Tredget / Richard Bootle                www.liberumcapital.com	020 3100 2222
Berenberg Joint Broker                                                       Chris Bowman / Marie Stolberg                            www.berenberg.com	020 3465 2722
Buchanan Sophie McNulty / Richard Oldworth / Jane Glover   www.buchanan.uk.com	020 7466 5000

About Staffline

Staffline is a leading outsourcing organisation providing Staffing services to industry, supplying up to 45,000 workers every day to more than 1,300 clients. In the last five years the Group has also grown to become a leading provider of services in to the Government funded Employability (Welfare to Work), Justice and Skills arena.

The business comprises two key areas:

Staffing Services

Specialising in providing complete labour solutions in agriculture, food processing, manufacturing, e-retail, driving, and the logistics sectors, the recruitment business operates from well over 300 locations in the UK, Eire and Poland.

The Staffing brands include:

·     Staffline OnSite, based on clients' premises and providing both blue and white collar, out-sourced, temporary workforces

·     Select Appointments, a high street branch-based operation providing white collar office staff, operated entirely on a franchised basis by independent business owners

·     Staffline Express, a high street branch based operation

·     Driving Plus, providing HGV drivers to the driving industry

·     Staffline Agriculture, providing workers to the UK farming and growing sectors

Employability

Comprising the PeoplePlus brand, Government contracts include:

·     Work Programme, prime contractor in nine regions and sub-contracts in five regions in England

·     Steps to Success, prime contractor in Northern Ireland

·     Youth Guarantee (MyGo Centre), supporting youth employment in the Ipswich area

·  Ministry of Justice Transforming Rehabilitation in Warwickshire and West Mercia, helping to transform rehabilitation and probation services

·     OLASS, delivery of training to prisoners in nine prisons in the East of England

·     Building Employment through Education, working in Schools in Northern Ireland

Training services:

·     Elpis, a national training consultancy,

·     Learning Plus, an e-learning platform

·     Skillspoint, a procurement consultancy specialising in helping employers benefit from government-funded, work-based training

Support services:

·     The Money Advice Service,

·     Independent Living Services

·     Northern Ireland Prison Services, Visitor Centers

 

END

 

 

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