Director/PDMR Shareholding
Staffline Group plc announced that on March 26, 2026, certain persons discharging managerial responsibilities (PDMRs) exercised LTIP 2023 share options, resulting in the transfer of 1,245,821 ordinary shares from the Employee Benefit Trust. Specifically, Albert Ellis, the CEO, received 553,047 shares, increasing his holding to 1,844,519 shares (1.5% of issued capital), and Daniel Quint, the CFO, received 434,537 shares, bringing his total to 1,440,040 shares (1.2% of issued capital). Martina McKenzie and Frank Atkinson also received net shares of 84,422 and 173,815 respectively. The company settled the associated tax and national insurance liabilities at source.
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Staffline (AIM: STAF), the recruitment and training group, announces that on 26 March 2026 awards under the Staffline Long Term Incentive Plan ("the LTIP 2023 awards") vested with certain PDMRs in respect of an aggregate of 1,815,518 LTIP 2023 share options (the "LTIP 2023 Options"). All of these LTIP 2023 Options have been immediately exercised by the respective LTIP 2023 share option holders (the "Participants").
Further details of the exercise of the LTIP 2023 Options are set out at the end of this announcement.
Upon the exercise of the LTIP 2023 Options, the tax and national insurance liabilities of the Participants arising on exercise of the options were settled at source by the Company, with a balancing net number of ordinary shares of 10p each in the Company ("Ordinary Shares") transferred into the Participants' names by the Trustee of the Staffline Employee Benefit Trust (the "EBT").
The Ordinary Shares awarded to PDMRs are set out in the table below.
| Director/ PDMR | Position | Total LTIP 2023 Options vesting | Ordinary Shares to be received net of tax and NIC liability |
|---|---|---|---|
| Albert Ellis | Chief Executive Officer | 1,043,485 | 553,047 |
| Daniel Quint | Chief Financial Officer | 819,881 | 434,537 |
| Martina McKenzie | MD Recruitment Ireland | 159,286 | 84,422 |
| Frank Atkinson | MD Recruitment GB | 327,952 | 173,815 |
Accordingly, the Employee Benefit Trust ("EBT") is transferring to the above listed individuals a total of 1,245,821 Ordinary Shares.
Albert Ellis and Daniel Quint now hold 1,844,519 and 1,440,040 Ordinary Shares, respectively, representing 1.5% and 1.2% of the issued share capital of the Company.
Recruitment GB
The Recruitment GB business is a leading provider of flexible blue-collar workers, supplying up to c.38,000 staff per day from around 550 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 multiple industries, ten branch locations and ten onsite customer locations, supplying up to c.4,700 staff per day, and offering RPO, MSP, temporary and permanent solutions across public and private sectors throughout the island of Ireland.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a. | Name | Albert Ellis |
| 2 | Reason for notification | |
| a. | Position/Status | Chief Executive Officer |
| b. | Initial notification/ Amendment | Initial |
| a. | Name | Staffline Group plc |
| b. | LEI | 213800BVLF1BCOJUH828 |
| a. | Description of the financial instrument, type of instrument Identification Code | Ordinary Shares of 10p each ISIN: GB00B040L800 |
| b. | Nature of the transaction | Exercise of LTIP 2023 Options over Ordinary Shares and transfer of Ordinary Shares by Staffline Employee Benefit Trust |
| c. | Price(s) and volume(s) | Price(s) Volume(s) N/A 553,047 |
| d. | Aggregated information - Aggregated Volume - Price | N/A - single transaction |
| f. | Place of the transaction | Outside a trading venue |
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a. | Name | Daniel Quint |
| 2 | Reason for notification | |
| a. | Position/Status | Chief Financial Officer |
| b. | Initial notification/ Amendment | Initial |
| a. | Name | Staffline Group plc |
| b. | LEI | 213800BVLF1BCOJUH828 |
| a. | Description of the financial instrument, type of instrument Identification Code | Ordinary Shares of 10p each ISIN: GB00B040L800 |
| b. | Nature of the transaction | Exercise of LTIP 2023 Options over Ordinary Shares and transfer of Ordinary Shares by Staffline Employee Benefit Trust |
| c. | Price(s) and volume(s) | Price(s) Volume(s) N/A 434,537 |
| d. | Aggregated information - Aggregated Volume - Price | N/A - single transaction |
| f. | Place of the transaction | Outside a trading venue |
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a. | Name | Martina McKenzie |
| 2 | Reason for notification | MD Recruitment Ireland |
| a. | Position/Status | |
| b. | Initial notification/ Amendment | Initial |
| a. | Name | Staffline Group plc |
| b. | LEI | 213800BVLF1BCOJUH828 |
| a. | Description of the financial instrument, type of instrument Identification Code | Ordinary Shares of 10p each ISIN: GB00B040L800 |
| b. | Nature of the transaction | Exercise of LTIP 2023 Options over Ordinary Shares and transfer of Ordinary Shares by Staffline Employee Benefit Trust |
| c. | Price(s) and volume(s) | Price(s) Volume(s) N/A 84,422 |
| d. | Aggregated information - Aggregated Volume - Price | N/A - single transaction |
| f. | Place of the transaction | Outside a trading venue |
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a. | Name | Frank Atkinson |
| 2 | Reason for notification | MD Recruitment GB |
| a. | Position/Status | |
| b. | Initial notification/ Amendment | Initial |
| a. | Name | Staffline Group plc |
| b. | LEI | 213800BVLF1BCOJUH828 |
| a. | Description of the financial instrument, type of instrument Identification Code | Ordinary Shares of 10p each ISIN: GB00B040L800 |
| b. | Nature of the transaction | Exercise of LTIP 2023 Options over Ordinary Shares and transfer of Ordinary Shares by Staffline Employee Benefit Trust |
| c. | Price(s) and volume(s) | Price(s) Volume(s) N/A 173,815 |
| d. | Aggregated information - Aggregated Volume - Price | N/A - single transaction |
| f. | Place of the transaction | Outside a trading venue |
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