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An announcement from RWS Holdings ( (GB:RWS) ) is now available.
RWS Holdings has announced the issuance of 1,089,666 new ordinary shares to satisfy share awards and exercise options under its Long Term Incentive Plan related to the FY24 bonus. These shares will be admitted to trading on AIM and will carry equal rights with existing shares. Following the issuance, the total number of shares with voting rights will be 369,807,646, aiding shareholders in determining their interests under the FCA’s rules. This move reflects RWS’s ongoing commitment to rewarding its management and aligning interests with shareholders, potentially impacting investor perceptions and market positioning.
More about RWS Holdings
RWS Holdings is a world-leading provider specializing in technology-enabled language, content, and intellectual property services. The company leverages AI-enabled technology and human expertise to help clients grow by ensuring global understanding in any language. RWS caters to a diverse clientele that includes top global brands, Fortune’s ‘Most Admired Companies,’ and leading firms across various sectors such as automotive, pharmaceuticals, and telecommunications. With a strong base in the UK, RWS operates in over 60 global locations and is publicly listed on the AIM market of the London Stock Exchange.
YTD Price Performance: -8.76%
Average Trading Volume: 997,090
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £574.5M
For detailed information about RWS stock, go to TipRanks’ Stock Analysis page.