RWS AR 23 Final Single pages - Flipbook - Page 94
Directors' Remuneration Report (continued)
BOARD CHANGES
As per the announcement on 27 July 2022 and e昀昀ective
2 October 2023:
£275,000 (which is broadly commensurate with the
£263,000 annual fee that was paid to Andrew Brode).
•
Andrew Brode stepped down as Chairman and became a
Non-executive Director. His annual fee was set at £55,000,
in line with the Non-executive Director fee policy; and
•
Julie Southern took up the role of Non-executive Chairman.
Her annual fee from appointment as Chairman was set at
•
Rod Day became Interim Deputy CFO on 3 October
2022, when Candida Davies was appointed CFO,
and having successfully completed a handover of
responsibilities left RWS on 20 December 2022.
Interests of Directors in
ordinary shares
DIRECTORS’ INTERESTS IN SHARES
The interests of the Directors as at 30 September 2023
(including the interests of their families and related trusts),
all of which were bene昀椀cial, in the ordinary shares of the
Company were:
Ordinary shares of
1 penny
Andrew Brode
90,174,060
Julie Southern
4,000
Ian El-Mokadem
190,000
Candida Davies
20,000
Lara Boro
8,000
Gordon Stuart
5,085
David Clayton
164,035
Frances Earl
3,000
The interests of Directors at the year end in options to subscribe for ordinary shares of the Company, together with
details of any options granted during the year, are as follows:
Ian El-Mokadem
Candida Davies
Award
Type
Date of grant
1 Oct
2022
Granted
30 Sep
2023
Exercise
Price
LTIP
LTIP
First date
normally
exercisable
Last date
normally
exercisable
24.01.22
220,791
-
220,791
1p
24.01.27
24.01.32
24.01.23
-
314,207
314,207
1p
24.01.28
24.01.33
LTIP
24.01.23
-
181,516
181,516
1p
24.01.28
24.01.33
SAYE
10.02.23
-
4.986
4,986
361p
01.04.26
30.09.26
The market price of the Company’s shares at 30 September 2023 was 240 pence per share and the highest and lowest
price in the year ended 30 September 2023 was 408 pence and 227 pence per share respectively.
SHARE AWARDS VESTING/EXERCISED IN
THE YEAR
No share awards vested during the year ended 30
September 2023 and no share awards were exercised i.e., no gains were made on the exercise of share awards in
the year ended 30 September 2023.
Frances Earl | CHAIRMAN OF THE
REMUNERATION COMMITTEE
11 December 2023
94
RWS Holdings plc — Annual Report 2023 GOVERNANCE REPORT
