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Pinnacle Staffing Group PLC Taking Offers

Pinnacle Staffing Group PLC Taking Offers

The Board of Pinnacle notes the recent movement in the Company's share price and wishes to inform the market that it is currently undertaking a strategic review of its operations to establish how best to deliver shareholder value. This may include the solicitation of offers for the Company.

There can be no guarantee that any offer for the Company or other transaction will be completed following conclusion of the strategic review.

The company also announced that it has been informed that Mrs Hannah Hope, wife of David Hope, the Company's Chief Operating Officer and Finance Director, has transferred her entire holding of 2,500,000 ordinary shares in the Company to Mr Hope as part of a reorganisation of family finances. The transfer of shares was for no consideration.

Following this transaction, Mr Hope's interest in the Company remains unchanged at 5,000,000 ordinary shares representing 5.4% of the issued share capital of the Company.

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