Confirmation with respect to post-offer intentions

RNS Number : 3591R

RWS Holdings PLC

04 November 2021

 

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE"), WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS

For immediate release

4 November 2021

RWS Holdings plc

Confirmation with respect to stated post-offer intentions with regard to SDL plc ("SDL")

RWS Holdings plc ("RWS") announces that, further to the completion of its recommended all share combination with SDL (pursuant to which RWS acquired the entire issued and to be issued ordinary share capital of SDL plc, which was implemented by way of a scheme of arrangement under Part 26 of the Companies Act 2006 and which became effective on 4 November 2020), it has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the Code that RWS has complied with its post-offer statements of intent made pursuant to Rules 2.7(c)(iv) and 24.2 of the Code, as originally detailed in its announcement of 27 August 2020 and the scheme document published on 17 September 2020.

Enquiries:

Andrew Brode, Chairman  01753 480200

Ian El-Mokadem, Chief Executive Officer

Des Glass, Chief Financial Officer

 

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