RWS AR 23 Final Single pages - Flipbook - Page 98
Directors' Report (continued)
MAJOR SHAREHOLDINGS
FINANCIAL INSTRUMENTS
As at 30 September 2023, the following were substantial
shareholders:
Information about the use of 昀椀nancial instruments by the
Group is given in Note 20 to the 昀椀nancial statements.
Substantial shareholding
Andrew Brode
% holding
23.6
Liontrust Asset Management
8.5
Octopus Investments
4.3
POLITICAL DONATIONS
The Company made no political donations during the
year ended 30 September 2023.
RESEARCH AND DEVELOPMENT
RWS is constantly engaged in research and development
activities to improve the quality of the services o昀昀ered to
customers and to optimise the operation of the Group.
See Notes 5 and 13 for further details.
GREENHOUSE GAS EMISSIONS,
ENERGY CONSUMPTION AND ENERGY
EFFICIENCY
Details of the Group’s annual greenhouse gas emissions,
energy consumption and energy e昀케ciency are shown in
the 'Task Force on Climate-related Financial Disclosures'
section of the Strategic Report on pages 48 to 59.
BRANCHES
RWS is a global business and our activities and
interests are operated through subsidiaries and
associated branches which are subject to the laws
and regulations of many di昀昀erent jurisdictions. Our
subsidiary undertakings and associated branches
are listed in Note 7 to the Parent Company 昀椀nancial
statements on pages 159 to 162.
SUBSEQUENT EVENTS
On 3 October 2023, the Group acquired ST Comms
Language Specialists Proprietary Limited, a Cape Town
based language servcies provider. The acquisition was
funded from RWS's existing cash resources.
The Group has continued its share repurchase
programme and from 1 October 2023 to 8 December
2023 has purchased a further 6,252,443 shares at an
average price of 234.3p.
98
RWS Holdings plc — Annual Report 2023 GOVERNANCE REPORT
ANNUAL GENERAL MEETING
The 2024 AGM will be held on 22 February 2024, at the
o昀케ces of Slaughter and May, One Bunhill Row, London
EC1Y 8YY. Details of how shareholders can attend the
meeting are set out in the Notice of AGM. Shareholders
will be able to vote at the AGM in person or by submitting
their proxy in advance of the AGM and to appoint the
Chairman of the AGM as their proxy with their voting
instructions.
AUDITORS
Ernst & Young LLP have expressed their willingness to
continue in o昀케ce and a resolution to reappoint them will
be proposed at the 22 February 2024 AGM.
STATEMENT OF DISCLOSURE OF
INFORMATION TO AUDITORS
Each of the persons who is a Director at the date of
approval of this report con昀椀rms that:
•
So far as the Director is aware, there is no relevant audit
information of which the Company’s auditor is unaware.
•
The Director has taken all the steps that they ought to
have taken as a Director to make themselves aware of
any information relevant to the audit and to establish
that the auditors are aware of that information. As far
as each of the Directors is aware, the auditors have
been provided with all relevant information.
This con昀椀rmation is given, and should be interpreted,
in accordance with the provisions of section 418 of the
Companies Act 2006.
This Directors’ Report was approved by the Board on
11 December 2023.
On behalf of the Board
Ian El-Mokadem | CHIEF EXECUTIVE OFFICER
11 December 2023
