RNS Number : 7974U Staffline Group PLC

17 July 2018

For immediate release

17 July 2018

STAFFLINE GROUP PLC

("Staffline")

Acquisition of the business of Learndirect Apprenticeships Limited ("LDA")

Staffline, the Recruitment and Training group announces today that it has completed the acquisi$on of LDA, the UK's market-leading Appren$ceship Levy provider from Learndirect Appren$ceships Limited for a nominal sum. Staffline will integrate LDA into PeoplePlus, itsSkills and Training division. Thisacquisi$on will significantly increase PeoplePlus' share within the Appren$ceship Levy market to c. 10%. The combined business will be the leading adult skills and training provider in the UK, delivering appren$ceships, adult educa$on, prison educa$on and skills-based employability programmes across the UK.

LDA works with many high-profile levy-paying companies, and the combined business will have c. 5,000 appren$ces currently on programme, with a strong pipeline of new appren$ces. LDA brings an exis$ng blue-chip customer base, adding high profile brands in key areas such as retail, financial services and the NHS. These customers will add complementary market sectors to PeoplePlus's existing offering, and a broadened product proposition.

The acquisition is funded from Staffline's existing resources.

Chris Pullen, Chief Executive Officer of Staffline, commented:

"We are delighted to announce that we have acquired the country's market leading Appren$ceship Levy provider.

Combining our businesses makes PeoplePlus the country's market leading skills and training provider with a UK wide footprint across appren$ceships, adult educa$on, prison educa$on and skills-based employability programmes, and is in-line with Staffline's acquisi$on strategy. We look forward to welcoming the LDA team and to integra$ng the business within PeoplePlus."

For further information, please contact:

Staffline Group plc

www.stafflinegroupplc.co.uk

Chris Pullen, Chief Executive OfficerMichael Watts, Group Chief Financial Officerinvestors@staffline.co.uk

07786 265344 07970 215262

Liberum NOMAD and Joint Broker Steve Pearce / Joshua Hughes

www.liberum.com 020 3100 2222

Berenberg Joint Broker

Chris Bowman / Toby Flaux

www.berenberg.com 020 3207 7800

Buchanan PR and Communicationswww.buchanan.uk.com Richard Oldworth / Jamie Hooper / Madeleine Seacombestaffline@buchanan.uk.com

020 7466 5000

About Staffline - Recruitment, Training and Support

Enabling the Future of Work™

Staffline is the UK's market leading recruitment and training group. It has two divisions:

Recruitment Division

The UK's leading provider of flexible blue-collar workers, supplying over 60,000 staff per day to c. 1,500 private sector clients, across a wide range of industries including agriculture, drinks, driving, food processing, logis$cs and manufacturing. It operates from over 400 locations in UK, Eire and Poland.

Its world leading Customer Experience plaJorm provides op$mised customer-based staffing management solu$ons whilst providing market-leading levels of job satisfaction for workers.

PeoplePlus Division

The leading adult skills and training provider in the UK, delivering appren$ceships, adult educa$on, prison educa$onand skills-based employability programmes across the country.

Education and Training - market leading provider of training courses for private sector Appren$ceships (both Levy and non-Levy) and Government funded Adult Skills programmes.

Employability - top quar$le performer, suppor$ng Government programmes providing back-to-work educa$on and support services to the unemployed.

Jus ce and Community - educa$on and training services for prisoners and proba$oners, as well as individual support services for carers and people with disabilities, both at home and in the work place

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Staffline Group plc published this content on 17 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 July 2018 06:06:08 UTC