RNS Number : 9616P
RWS Holdings PLC
23 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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