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Staffline Group PLC Announces Share Sale by Chairman-Linked Entity

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Staffline Group PLC Announces Share Sale by Chairman-Linked Entity

Staffline ( (GB:STAF) ) has shared an update.

Staffline Group PLC announced that Henry Spain Investment Services Limited, linked with Thomas Spain, the company’s Non-Executive Director and Chairman, has sold 119,824 Ordinary Shares at £0.217 per share due to a client portfolio transfer. This transaction reduces Henry Spain Investment Services Limited’s stake to 24.74% of the company’s issued Ordinary Share capital. The sale may impact the company’s shareholder dynamics but does not indicate a direct operational change.

More about Staffline

Staffline is the UK’s market-leading recruitment and training group, structured into three divisions: Recruitment GB, Recruitment Ireland, and PeoplePlus. The Recruitment GB division provides flexible blue-collar workers across various industries such as supermarkets, logistics, and manufacturing. Recruitment Ireland offers staffing solutions in both public and private sectors across Ireland. The PeoplePlus division focuses on employability, adult training, and social value services, targeting disadvantaged groups in the country.

YTD Price Performance: -11.11%

Average Trading Volume: 122,332

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £27.83M

Find detailed analytics on STAF stock on TipRanks’ Stock Analysis page.

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