Staffline secures £104.6m of prison education contracts

(Sharecast News) - Recruitment and training group Staffline said on Monday that its PeoplePlus division has secured contracts in the latest round of prison education tenders worth £104.6m over a four-year period.At its interim results, the company set a target to double its share of the prison education market to around 20%. Following the latest round of allocations, Staffline will have a share of around 25% and will operate in 22 prisons across the UK."The group's success in this latest procurement process includes retaining all of Staffline's existing contracts and adding significant further delivery," it said.Chief executive officer Chris Pullen said: "Growing our presence in prison education is a key strategic priority for our PeoplePlus division, and I am delighted that we have managed to exceed the target that we set at the interims."This strong performance is underpinned by our innovative proposition and demonstrates our continued success in transitioning PeoplePlus into the UK's leading skills and training provider."At 1240 GMT, the shares were up 1.3% to 1,225.72p.