REG - RWS Holdings PLC - Grant of options under 2021 SAYE scheme
RNS Number : 9616PRWS Holdings PLC23 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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