Staffline Group (STAF)

Sector:

Support

Index:

FTSE AIM All-Share

45.75p
   
  • Change Today:
      0.60p
  • 52 Week High: 92.80
  • 52 Week Low: 38.90
  • Currency: UK Pounds
  • Shares Issued: 164.75m
  • Volume: 103,132
  • Market Cap: £75.37m
  • RiskGrade: 424

Staffline agrees sale of PeoplePlus apprenticeships division

By Josh White

Date: Friday 20 Nov 2020

LONDON (ShareCast) - (Sharecast News) - Recruitment and training company Staffline announced on Friday that its PeoplePlus division has agreed terms to sell its apprenticeships business to Babington Business College for "a nominal fee".
The AIM-traded firm described Babington Business College as a "leading professional training course, apprenticeships and traineeships provider".

It said it expected the transaction to complete in early December, enabling an orderly transition for both clients and learners.

Under the agreement, Babington would acquire contracts and assets from PeoplePlus associated with the delivery of apprenticeships across England and Scotland.

This transaction formed part of PeoplePlus' strategic re-focus on its core employability and adult skills capabilities, the board said, as it looked to leverage its position within those markets to capitalise on the significant increases in funding for central and devolved government contracts that had recently been announced.

"We are pleased to have reached an agreement with Babington, which will ensure our apprenticeship clients and learners continue with another high-quality training provider," said chief executive officer Albert Ellis.

"PeoplePlus has unique capabilities, experience and scale in the employability and adult skills sectors and this transaction will enable the division to fully focus on the UK wide unemployment challenge that now exists."

At 1206 GMT, shares in Staffline Group were up 6.67% at 36p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Staffline Group Market Data

Currency UK Pounds
Share Price 45.75p
Change Today 0.60p
% Change 1.33 %
52 Week High 92.80
52 Week Low 38.90
Volume 103,132
Shares Issued 164.75m
Market Cap £75.37m
RiskGrade 424

Staffline Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.50% above the market average51.50% above the market average51.50% above the market average51.50% above the market average51.50% above the market average
63.46% above the sector average63.46% above the sector average63.46% above the sector average63.46% above the sector average63.46% above the sector average
Price Trend
2.32% below the market average2.32% below the market average2.32% below the market average2.32% below the market average2.32% below the market average
4.50% above the sector average4.50% above the sector average4.50% above the sector average4.50% above the sector average4.50% above the sector average
Income Not Available
Growth
36.46% below the market average36.46% below the market average36.46% below the market average36.46% below the market average36.46% below the market average
40.19% below the sector average40.19% below the sector average40.19% below the sector average40.19% below the sector average40.19% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Staffline Group Dividends

  Latest Previous
  Interim Final
Ex-Div 11-Oct-18 31-May-18
Paid 13-Nov-18 03-Jul-18
Amount 11.30p 15.70p

Trades for 16-Aug-2022

Time Volume / Share Price
16:07 5,000 @ 45.95p
15:40 50,000 @ 45.60p
14:53 30,000 @ 45.15p
14:51 6,748 @ 45.00p
13:40 2,000 @ 45.01p

Staffline Group Key Personnel

CEO Albert Ellis
CFO Daniel Quint

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