Grant of options under 2021 SAYE scheme

RNS Number : 9616P
RWS Holdings PLC
23 February 2021
 

 

For immediate release  23 February 2021

 

RWS Holdings plc

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

 

Grant of options under the 2021 Save as you Earn (SAYE) scheme

 

RWS Holdings plc ("RWS" or "the Group"), the world's leading language and technology group, announces that on 22 February 2021 the following persons discharging managerial responsibilities of the Group were granted options over ordinary shares of 1 pence each under the Group's SAYE scheme.

  Name

Position

Scheme

Award of SAYE options

Option price

Expected maturity date

Des Glass

Chief Financial Officer

UK

762

£4.72

1 April 2024

Neil Simpkin

President, RWS IP Services

UK

762

£4.72

1 April 2024

Azad Ootam

Chief Technology Officer

UK

1,525

£4.72

1 April 2024

Christopher Lewey

Group Corporate Development Director

UK

1,525

£4.72

1 April 2024

 

In total, 253,707 share options were granted under the Group's SAYE scheme, which in normal circumstances will not be exercisable until the completion of a three year savings period ending on 1 April 2024 and will be exercisable for a period of six months thereafter.

 

For further information, please contact:

 

RWS Holdings plc

 

Andrew Brode, Chairman

Richard Thompson, Chief Executive Officer

Des Glass, Chief Financial Officer

 

 

 

 

01753 480796

 

MHP (Financial PR advisor)

Katie Hunt / Simon Hockridge

 

rws@mhpc.com

0203 128 8100

 

Numis (Nomad & Joint Broker)

Stuart Skinner / Kevin Cruickshank / Will Baunton

 

 

 

0207 260 1000

 

Berenberg (Joint Broker)

Ben Wright / Toby Flaux / Alix Mecklenburg-Solodkoff

 

0203 207 7800

 

 

About RWS:

 

RWS is the world's leading language services and technology group. Over more than 60 years, the company has built a reputation for quality, reliability and flexibility with its global team of translators, searchers and technical experts.

 

RWS's specialist divisions combine the latest technology, proven processes and highly skilled staff to deliver complex services at each stage of the product lifecycle to meet the diverse needs of a global client base spanning Europe, Asia Pacific, and North and South America across a range of sectors including technology, pharmaceutical, medical, chemical, automotive, and telecommunications.

 

With headquarters in the UK, RWS is publicly listed on AIM, the London Stock Exchange regulated market (RWS.L).

 

For further information, please visit: www.rws.com

 

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

1.

Details of the person discharging managerial responsibilities / person closely associated

a.

Name

Des Glass

2.

Reason for the notification

a.

Position/status

Chief Financial Officer

b.

Initial notification/Amendment

Initial Announcement

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

RWS Holdings plc

b.

LEI

213800YGBGTTSKUVK111

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.

Description of the

Financial instrument, type

of instrument

Identification code

Ordinary shares of 1p each

GB00BVFCZV34

b.

Nature of the transaction

Grant of options under the 2021 SAYE scheme with 472p exercise price per share

 

c.

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

Nil

762

 

d.

Aggregated information

·       Aggregated volume

·       Price

 

N/A single transaction

e.

Date of the transaction

22 February 2021

f.

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a.

Name

Neil Simpkin

2.

Reason for the notification

a.

Position/status

President, RWS IP Services

b.

Initial notification/Amendment

Initial Announcement

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

RWS Holdings plc

b.

LEI

213800YGBGTTSKUVK111

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.

Description of the

Financial instrument, type

of instrument

Identification code

Ordinary shares of 1p each

GB00BVFCZV34

b.

Nature of the transaction

Grant of options under the 2021 SAYE scheme with 472p exercise price per share

 

c.

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

Nil

762

 

d.

Aggregated information

·       Aggregated volume

·       Price

 

N/A single transaction

e.

Date of the transaction

22 February 2021

f.

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a.

Name

Azad Ootam

2.

Reason for the notification

a.

Position/status

Chief Technology Officer

b.

Initial notification/Amendment

Initial Announcement

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

RWS Holdings plc

b.

LEI

213800YGBGTTSKUVK111

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.

Description of the

Financial instrument, type

of instrument

Identification code

Ordinary shares of 1p each

GB00BVFCZV34

b.

Nature of the transaction

Grant of options under the 2021 SAYE scheme with 472p exercise price per share

 

c.

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

nil

1,525

 

d.

Aggregated information

·       Aggregated volume

·       Price

 

N/A single transaction

e.

Date of the transaction

22 February 2021

f.

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a.

Name

Christopher Lewey

2.

Reason for the notification

a.

Position/status

Group Corporate Development Director

b.

Initial notification/Amendment

Initial Announcement

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

RWS Holdings plc

b.

LEI

213800YGBGTTSKUVK111

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.

Description of the

Financial instrument, type

of instrument

Identification code

Ordinary shares of 1p each

GB00BVFCZV34

b.

Nature of the transaction

Grant of options under the 2021 SAYE scheme with 472p exercise price per share

 

c.

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

Nil

1,525

 

d.

Aggregated information

·       Aggregated volume

·       Price

 

N/A single transaction

e.

Date of the transaction

22 February 2021

f.

Place of the transaction

Outside a trading venue

 

 

 

 

 

 

 

 

 

 

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