29 October 2021

Staffline Group plc

("Staffline" or the "Group")

Grant of Options under SAYE Scheme

Staffline (AIM: STAF), the recruitment and training group, announces the grant of options to employees as part of its Save As You Earn ("SAYE") share scheme for 2021. The scheme is open to all permanent employees in the UK, 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 10.00p each ("Ordinary Shares") with an exercise price of 50.56p, a 20% discount to the closing middle market price of 63.20p on the trading day before the invitation to participate was made on 8 October 2021. The options have a contract start date of 1 December 2021 and are exercisable between 1 December 2024 and 31 May 2025.

A total of 272 employees elected to participate, and, pursuant to these elections, a total of 2,430,723 options over Ordinary Shares were granted on 29 October 2021, equating to 1.466% of the current issued share capital of 165,767,728 shares.

Options totalling 188,685 shares were granted to the following employees who are regarded as a Person Discharging Managerial Responsibilities ("PDMR"):

Enquiries:

 About Staffline

Providing workforce solutions

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.37,000 staff per day on average to around 450 client sites, across a wide range of industries including agriculture, supermarkets, drinks, driving, food processing, logistics and manufacturing.

Recruitment Ireland 

The Recruitment Ireland business is a leading end to end solutions provider operating across 20 industries, 10 branch locations, 15 onsite customer locations, supplying c.5,000 staff per day on average, and offering RPO, MSP, temporary and permanent solutions across the island of Ireland.

PeoplePlus

PeoplePlus is a leading skills and employability business with a clear purpose to help people transform their lives, get jobs and keep jobs, and develop their careers. The division works with employers to develop workforces of the future, and with central, local and devolved governments to support their economic and social policy agendas.

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation. 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.