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Increase in Share Capital

13th Apr 2017 10:40

RNS Number : 4597C
RWS Holdings PLC
13 April 2017
 

For immediate release 13 April 2017

 

RWS Holdings plc

 

Increase in Share Capital 

 

 

RWS Holdings plc ("RWS", "the Group"), the world's leading provider of intellectual property support services (patent translations, international patent filing solutions and searches) and a leading provider of life sciences and commercial language services, announces that a total of 528,955 options to subscribe for ordinary shares of 1p each ("shares") pursuant to the Company's share option plan, adopted on 3 April 2013 have been exercised by Senior Managers of the Company on 12 April 2017.

Following this exercise, there are a further 3,350,380 vested options outstanding under the Company's unapproved option scheme and a further 46,430 vested options under the approved option scheme.

 

RWS has issued new shares to satisfy these options bringing the total number of shares in issue to 228,379,905, an increase of 0.23%. The new shares rank pari passu with the Company's existing issued ordinary shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interests in, the Company under the FCA's Disclosure and Transparency Rules.

 

Application has been made for the admission to trading on AIM of these 528,955 shares, which is expected to occur on 20 April 2017.

 

 

For further information, please contact:

 

RWS Holdings plc

Richard Thompson,

Chief Executive 01753 480200

 

MHP

Katie Hunt/Simon Hockridge 020 3128 8794

 

Numis

Stuart Skinner (Nominated Adviser) 020 7260 1000

Michael Burke (Corporate Broker)

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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