Admission to AIM and first day of dealings

TheWorks.co.uk PLC

03 May 2024

 

FOR IMMEDIATE RELEASE

3 May 2024

TheWorks.co.uk plc
("The Works" or the "Company")

Admission to trading on AIM and first day of dealings

The Works, the family-friendly value retailer of books, arts and crafts, stationery, toys and games, is pleased to announce the admission of its entire issued share capital, being 62,500,000 ordinary shares of one penny each ("Ordinary Shares") to trading on AIM, a market operated by the London Stock Exchange plc ("Admission"). 

Admission will take place and dealings in the Ordinary Shares will commence at 8.00 a.m. today under the same TIDM and ISIN of WRKS and GB00BF5HBF20 respectively. Cancellation of the Company's Ordinary Shares on the Premium Segment of the Main Market will take place simultaneously with Admission.

Further information in relation to Admission can be found in the Company's Schedule One announcement published on 4 April 2024. An appendix to the Schedule One, as well as information required pursuant to AIM Rule 26, is available on the Company's website at https://corporate.theworks.co.uk/investors/aim-rule-26/.   

Carolyn Bradley, Chair of The Works, said: "We are pleased that our move to AIM has now completed, meaning that The Works is now listed on a more appropriate market. We reiterate our confidence that this move will deliver a significant cost saving leading to increased value for shareholders. We would like to thank our shareholders for their continued support."

Enquiries: TheWorks.co.uk plc Gavin Peck, CEO Rosie Fordham, CFO	via Sanctuary Counsel
Singer Capital Markets (Nomad and Broker) Peter Steel Alaina Wong Jalini Kalaravy	020 7496 3000
Sanctuary Counsel (PR Adviser) Ben Ullmann Rachel Miller Kitty Ryder	020 7340 0395 [e-mail]

 

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