REG - Intnl Workplace Grp - TRANSFER OF TREASURY SHARES & TOTAL VOTING RIGHTS

International WorkplaceAnnouncement

Yesterday 17:30

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RNS Number : 9119G  International Workplace Group PLC  30 April 2025

 

 

 
 

INTERNATIONAL WORKPLACE GROUP PLC

(the "Company")

 

TRANSFER OF TREASURY SHARES AND TOTAL VOTING RIGHTS

 

 

As anticipated in the Company's FY 2024 preliminary results announcement
released on 4 March 2025, and in compliance with UK Listing Rule 9.8.2, the
Company announces that on 30 April 2025, 23,095,239 ordinary shares of USD
0.0124 each in the capital of the Company ("Ordinary Shares") were transferred
by the Company from Treasury in consideration for the acquisition of the
remaining minority equity interests outstanding in The Instant Group in
accordance with pre-existing contractual arrangements. As a result, no
minority equity interests in The Instant Group are now outstanding and the
Company indirectly owns 100% of the equity interests in The Instant Group.

 

The price attributed to each Treasury Ordinary Share transferred
was  £1.807 (being the closing middle market quotation per Ordinary Share
on 31 March 2025, as derived from the Daily Official List of the London Stock
Exchange).

 

Following the above transfer of Treasury Ordinary Shares on 30 April 2025: (1)
the Company's issued share capital consisted of 1,044,935,665 Ordinary Shares,
of which 21,991,049 Ordinary Shares were held in Treasury with no voting
rights; and (2) accordingly, the number of Ordinary Shares in issue (less the
total number of Ordinary Shares held in Treasury) was 1,022,944,616.

 

Therefore, at the close of business on 30 April 2025, the total number of
voting rights in the Company was 1,022,944,616. Shareholders may use this
figure (1,022,944,616) as the denominator for calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, the Company under the FCA's Disclosure & Transparency
Rules ("DTR").

 

The total number of voting rights above (1,022,944,616) includes 708,094
shares purchased for cancellation on 29 and 30 April 2025, which will be
cancelled following settlement.

 

This announcement is made in conformity with UK Listing Rule 9.8.2 and DTR
5.6.1A.

 

Date of notification: 30 April 2025

 

 

 

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