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Staffline Group Sees Significant Share Acquisition by Key Stakeholder

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

Staffline Group PLC announced that Henry Spain Investment Services Limited, associated with Non-Executive Director Thomas Spain, purchased 1,000,000 ordinary shares at £0.297 each. This acquisition increases Henry Spain Investment Services Limited’s stake to 27.58% of the company’s issued ordinary share capital, potentially strengthening its influence within the company.

More about Staffline

Staffline Group PLC is one of the UK’s leading recruitment groups, operating through two main divisions: Recruitment GB and Recruitment Ireland. Recruitment GB provides flexible blue-collar workers across various industries, including supermarkets, logistics, and manufacturing, while Recruitment Ireland offers end-to-end staffing solutions across multiple sectors in Ireland.

YTD Price Performance: 14.10%

Average Trading Volume: 724,110

Technical Sentiment Signal: Buy

Current Market Cap: £31.58M

For an in-depth examination of STAF stock, go to TipRanks’ Stock Analysis page.

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