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RNS Number : 9984U RWS Holdings PLC 28 January 2025
28 January 2025
RWS Holdings plc
Notification and public disclosure of transactions by Persons Discharging
Managerial Responsibilities ("PDMRs")
RWS Holdings plc ("RWS", the "Company"), a unique world-leading provider of
technology-enabled language, content and intellectual property services,
announces that options ("Options") over ordinary shares of 1 pence each in the
Company ("Ordinary Shares") were granted under the RWS Holdings plc Long Term
Incentive Plan ("LTIP") on 24 January 2025 to PDMRs as outlined below.
The Options were granted with an exercise price per Ordinary Share of nil.
PDMR Position No. of Shares under Option
Jane Hyde General Counsel and Company Secretary 43,667
Vasagi Kothandapani President, Enterprise Services 44,494
Mark Lawyer President, Regulated Industries & Linguistic AI 52,207
Christopher Lewey Group Corporate Development Director 35,548
Amanda Newton President, Global Content Services 45,255
Maria Schnell Chief Language Officer 43,918
Jacqui Taylor Chief People Officer 26,994
The Options are being awarded as part of the Company's FY25 bonus arrangements
for respective grantees and have a normal vesting date of the first
anniversary of the grant date.
Vesting will be conditional on satisfactory personal performance over the
vesting period and continued employment; the Options will ordinarily be
forfeited in the event of cessation of employment ahead of the vesting date.
Each Option will be automatically exercised on vesting.
This announcement is made in accordance with Article 19(3) of the EU Market
Abuse Regulation 596/2014 (as incorporated into UK domestic law by the
European Union (Withdrawal) Act 2018).
For further information, please contact:
RWS Holdings plc
Julie Southern, Chairman
Benjamin Faes, Chief Executive Officer 01753 480200
MHP (Financial PR advisor) rws@mhpgroup.com (mailto:rws@mhpgroup.com)
Katie Hunt / Eleni Menikou 020 3128 8100
07884 494112
Deutsche Numis (Nomad & Joint Broker)
Stuart Skinner / William Wickham 020 7260 1000
Berenberg (Joint Broker)
Ben Wright / Toby Flaux / Mike Burke / Milo Bonser 020 3207 7800
About RWS:
RWS Holdings plc is a unique, world-leading provider of technology-enabled
language, content and intellectual property services. Through content
transformation and multilingual data analysis, our combination of AI-enabled
technology and human expertise helps our clients to grow by ensuring they are
understood anywhere, in any language.
Our purpose is unlocking global understanding. By combining cultural
understanding, client understanding and technical understanding, our services
and technology assist our clients to acquire and retain customers, deliver
engaging user experiences, maintain compliance and gain actionable insights
into their data and content.
Over the past 20 years we've been evolving our own AI solutions as well as
helping clients to explore, build and use multilingual AI applications. With
40+ AI-related patents and more than 100 peer-reviewed papers, we have the
experience and expertise to support clients on their AI journey.
We work with over 80% of the world's top 100 brands, more than three-quarters
of Fortune's 20 'Most Admired Companies' and almost all of the top
pharmaceutical companies, investment banks, law firms and patent filers. Our
client base spans Europe, Asia Pacific, Africa and North and South America.
Our 65+ global locations across five continents service clients in the
automotive, chemical, financial, legal, medical, pharmaceutical, technology
and telecommunications sectors.
Founded in 1958, RWS is headquartered in the UK and publicly listed on AIM,
the London Stock Exchange regulated market (RWS.L).
For further information, please visit: www.rws.com (http://www.rws.com/) .
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name 1. Jane Hyde
2. Vasagi Kothandapani
3. Mark Lawyer
4. Christopher Lewey
5. Amanda Newton
6. Maria Schnell
7. Jacqui Taylor
2 Reason for the notification
a) Position/status 1. General Counsel and Company Secretary
2. President, Enterprise Services
3. President, Regulated Industries & Linguistic AI
4. Group Corporate Development Director
5. President, Global Content Services
6. Chief Language Officer
7. Chief People 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 Ordinary shares of 1p each
GB00BVFCZV34
Identification code
b) Nature of the transaction Grant of nil cost options under the RWS Holdings plc Long Term Incentive Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 1. 43,667
2. Nil 2. 44,494
3. Nil 3. 52,207
4. Nil 4. 35,548
5. Nil 5. 45,255
6. Nil 6. 43,918
7. Nil 7. 26,994
d) Aggregated information
- Aggregated volume 292,083
- Price Nil
e) Date of the transaction 24 January 2025
f) Place of the transaction Outside of a trading venue
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