NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO
OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT
JURISDICTION
FOR IMMEDIATE RELEASE
27 February 2024
Impellam Group
plc
("Impellam" or the "Company")
Transaction in Own Shares
and Rule 2.9 Announcement
Impellam, a connected group
providing global workforce and specialist recruitment solutions and
the 7th largest MSP worldwide, announces that it has
made the following purchases of ordinary shares of 1 pence each in
the capital of the Company ("Ordinary Shares") to be cancelled
pursuant to the Share Purchase Plan announced on 10 July
2023.
|
Date of purchase
|
26
February 2024
|
|
Number of Ordinary Shares purchased
(aggregated volume):
|
1,485
|
|
Highest Price paid per Ordinary
Share (£):
|
8.25
|
|
Lowest Price paid per Ordinary Share
(£):
|
8.25
|
|
Volume Weighted Average Price paid
per Ordinary Share (£):
|
8.25
|
|
Venue where Ordinary Shares are
traded
|
London Stock Exchange
(AIM)
|
The Company will make further
announcements in due course following the completion of any further
purchases pursuant to the Share Purchase Plan.
Following cancellation of the
Ordinary Shares purchased, the number of Ordinary Shares in issue
and admitted to trading on AIM will be reduced to 44,496,779. This
figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the Financial
Conduct Authority's Disclosure Guidance and Transparency
Rules.
The Company announced on 12 April
2022 that it had entered into an offer period. The Ordinary Shares
are relevant securities of Impellam Group plc for the purposes of
Rule 8 of The City Code on Takeovers and Mergers (the "Code"). In
accordance with Rule 2.9 of the Code, Impellam therefore confirms
that it now has in issue 44,496,779 Ordinary Shares with voting
rights. The Company has no Ordinary Shares held in Treasury. The
International Securities Identification Number for Impellam
Ordinary Shares is GB00B8HWGJ55.
In accordance with Article 5(1)(b)
of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the
schedule below contains detailed information about the purchases
made by Canaccord Genuity Limited on behalf of Impellam.
Individual transactions:
|
Number of
shares purchased
|
Transaction price (pence per share)
|
Time of
transaction
|
Trading
venue
|
|
1,485
|
825
|
10:54:00
|
London
Stock Exchange
|
Enquiries:
|
Impellam Group plc
Julia Robertson, Chief Executive
Officer
|
01582 692 658
|
|
Canaccord Genuity Ltd (Nomad and Sole
Broker)
Bobbie Hilliam
Emma Gabriel
|
020 7523 8150
|
Note to Editors:
Impellam is a connected group
providing global workforce and specialist recruitment solutions.
Our 2000 people and market leading brands work across a broad
spectrum of industries and job categories throughout North America,
the UK and Europe and Asia Pac.
Our award-winning Global Managed
Services provide a diverse range of digitally enabled,
multi-disciplinary workforce solutions to organisations around the
world. We are upper quadrant industry leaders in Managed Service
Provision and Services Procurement, and the seventh largest Managed
Service Provider in the world with over £4bn SUM (Spend under
Management).
Our STEM businesses are specialists
in recruiting and engaging talent in the key growth markets of
technology, digital, data analytics, science, clinical and
engineering and work with clients across all sectors and sizes
delivering services that span Managed Services (MSP) Recruitment
Process Outsourcing (RPO), Statement of Work (SOW) and specialist
recruitment.
Our services are underpinned by our
proprietary digital solutions that enable us to transform and
future-proof the services we provide.
We believe in the power of work.
Through the power of work, we build better businesses and help
people lead more fulfilling lives.
For more information about Impellam
Group please visit: www.impellam.com