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REG - RWS Holdings PLC - Director/PDMR Shareholding

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RNS Number : 7273V  RWS Holdings PLC  03 February 2025

3 February 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 the nil cost options ("Options") over ordinary shares of 1
pence each in the Company ("Ordinary Shares"), which were granted to PDMRs
on 24 January 2024 under the RWS Holdings plc Long Term Incentive Plan as
part of the FY24 bonus arrangements, vested on 24 January 2025.

 

Following vesting, shares were sold by respective PDMRs on 29 January 2025 and
31 January 2025 sufficient to satisfy Income Tax and National Insurance
contributions required to be withheld, with additional shares sold by some of
the PDMRs as detailed below.

 

 PDMR                 Position                                             No. of Ordinary Shares acquired  No. of Ordinary Shares sold
 Jane Hyde            General Counsel and Company Secretary                32,488                           32,488
 Vasagi Kothandapani  President, Enterprise Services                       35,767                           33,497
 Thomas Labarthe      President, Language & Content Technology             47,811                           47,811
 Mark Lawyer          President, Regulated Industries & Linguistic AI      35,889                           35,889
 Christopher Lewey    Group Corporate Development Director                 26,447                           26,447
 Amanda Newton        President, Global Content Services                   33,670                           33,670
 Maria Schnell        Chief Language Officer                               33,728                           18,587
 Jacqui Taylor        Chief People Officer                                 8,860                            4,173

 

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.   Thomas Labarthe

                                                                   4.    Mark Lawyer

                                                                   5.   Christopher Lewey

                                                                   6.   Amanda Newton

                                                                   7.   Maria Schnell

                                                                   8.   Jacqui Taylor

 2    Reason for the notification

 a)   Position/status                                              1.   General Counsel and Company Secretary

                                                                   2.   President, Enterprise Services

                                                                   3.   President, Content Technology

                                                                   4.   President, Regulated Industries & Linguistic AI

                                                                   5.   Group Corporate Development Director

                                                                   6.   President, Global Content Services

                                                                   7.   Chief Language Officer

                                                                   8.   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                                    Vesting of nil cost options awarded under the Long-Term Incentive Plan as part

                                                            of the FY24 bonus arrangements on 24 January 2024.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         1.   Nil              1.   32,488

                                                                                         2.   Nil              2.   35,767

                                                                                         3.   Nil              3.   47,811

                                                                                         4.   Nil              4.   35,889

                                                                                         5.   Nil              5.   26,447

                                                                                         6.   Nil              6.   33,670

                                                                                         7.   Nil              7.   33,728

                                                                                         8.   Nil              8.     8,860

 d)   Aggregated information

      - Aggregated volume                                          254,664

      - Price                                                      Nil

 e)   Date of the transaction                                      24 January 2025

 f)   Place of the transaction                                     Outside of a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         1.   Jane Hyde

                                                                   2.   Vasagi Kothandapani

                                                                   3.   Thomas Labarthe

                                                                   4.    Mark Lawyer

                                                                   5.   Christopher Lewey

                                                                   6.   Amanda Newton

                                                                   7.   Maria Schnell

                                                                   8.   Jacqui Taylor

 2    Reason for the notification

 a)   Position/status                                              1.   General Counsel and Company Secretary

                                                                   2.   President, Enterprise Services

                                                                   3.   President, Content Technology

                                                                   4.   President, Regulated Industries & Linguistic AI

                                                                   5.   Group Corporate Development Director

                                                                   6.   President, Global Content Services

                                                                   7.   Chief Language Officer

                                                                   8.   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                                    Sale of shares/sale of sufficient shares in order to satisfy Income Tax and

                                                            National Insurance contributions required to be withheld on the release of
                                                                   shares following the vesting of nil cost options awarded under the Long-Term

                                                            Incentive Plan.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         1.   149.62p          1.   13,395

                                                                                         2.   149.62p          2.   13,783

                                                                                         3.   149.62p          3.   19,713

                                                                                         4.   149.62p          4.   14,797

                                                                                         5.   149.62p          5.   10,904

                                                                                         6.   149.62p          6.   13,882

                                                                                         7.   149.62p          7.     7,648

                                                                                         8.   149.62p          8.     1,717

 d)   Aggregated information

      - Aggregated volume                                          95,839

      - Price                                                      N/A

 e)   Date of the transaction                                      29 January 2025

 f)   Place of the transaction                                     London

 

  1   Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         1.   Jane Hyde

                                                                   2.   Vasagi Kothandapani

                                                                   3.   Thomas Labarthe

                                                                   4.    Mark Lawyer

                                                                   5.   Christopher Lewey

                                                                   6.   Amanda Newton

                                                                   7.   Maria Schnell

                                                                   8.   Jacqui Taylor

 2    Reason for the notification

 a)   Position/status                                              1.   General Counsel and Company Secretary

                                                                   2.   President, Enterprise Services

                                                                   3.   President, Content Technology

                                                                   4.   President, Regulated Industries & Linguistic AI

                                                                   5.   Group Corporate Development Director

                                                                   6.   President, Global Content Services

                                                                   7.   Chief Language Officer

                                                                   8.   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                                    Sale of shares/sale of sufficient shares in order to satisfy Income Tax and

                                                            National Insurance contributions required to be withheld on the release of
                                                                   shares following the vesting of nil cost options awarded under the Long-Term

                                                            Incentive Plan.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         1.  135.17p           1.   19,093

                                                                                         2.  135.17p           2.   19,714

                                                                                         3.   135.17p          3.   28,098

                                                                                         4.   135.17p          4.   21,092

                                                                                         5.   135.17p          5.   15,543

                                                                                         6.   135.17p          6.   19,788

                                                                                         7.   135.17p          7.   10,939

                                                                                         8.   135.17p          8.     2,456

 d)   Aggregated information

      - Aggregated volume                                          136,723

      - Price                                                      N/A

 e)   Date of the transaction                                      31 January 2025

 f)   Place of the transaction                                     London

 

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