RWS Holdings plc ("RWS", "the Group"), one of the world's leading language and intellectual property support services providers, announces that a total of 152,635 options to subscribe for ordinary shares of 1 pence each ("shares") pursuant to the Company's share option plan, adopted on 3 April 2013, have been exercised by a former Senior Manager of the Company on 30 August 2019.
Following this exercise, there are a further 1,622,005 vested options outstanding under the Company's unapproved option scheme and a further 23,215 vested options under the approved option scheme.
RWS has issued new shares to satisfy these options bringing the total number of shares in issue to 273,695,907, an increase of 0.06%. The new shares rank pari passu with the Company's existing issued ordinary shares. This figure may be used by shareholders 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 interests in, the Company under the FCA's Disclosure and Transparency Rules.
Application has been made for the admission to trading on AIM of these 152,635 shares, which is expected to occur on 4 September 2019.
For further information, please contact:
RWS Holdings plc
Andrew Brode, Chairman
Richard Thompson, Chief Executive Officer
Des Glass, Chief Financial Officer
Katie Hunt / Simon Hockridge
0203 128 8100
Stuart Skinner / Kevin Cruickshank (Nominated Adviser)
Michael Burke (Corporate Broker)
0207 260 1000
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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