29 December 2021

RWS Holdings plc

Board Change

RWS Holdings plc ("RWS", "the Group"), a world leading provider of technology-enabled language, content and IP services, today announces that Des Glass, current CFO of RWS, has resigned in order to take up a position as CFO of a privately held business in a different industry. 

The Board will shortly commence an external search process for a successor to Des, who has a six-month notice period, and will provide an update on the transition of roles as soon as practicable.  In the meantime, Des will remain in post.

Ian El-Mokadem, CEO commented:

"On behalf of the Board, I would like to thank Des for his strong contribution to the business during his more than four years in the role of CFO. Most recently, Des has played a significant role in the successful execution of the SDL acquisition and integration, which is now largely complete and firmly positions the Group for further growth and value creation. 

"We wish him well in his new role and look forward to appointing a successor with the expertise to support the Group as it capitalises on its expanded scale, footprint and capabilities following the acquisition of SDL."

Des Glass, CFO, commented:

"I am extremely proud of all that we have achieved at RWS in recent years and, with the SDL integration largely complete, now is the right time for me to pursue my next opportunity. I look forward to supporting an orderly transition of the CFO role and I am confident that RWS will go from strength to strength as it continues to build on its successful and longstanding track record."

ENDS

For further information, please contact:

RWS Holdings plc

Andrew Brode, Chairman

Ian El-Mokadem, Chief Executive 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