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THEWORKS.CO.UK PLC

Delisting Announcement May 3, 2024

5006_rns_2024-05-03_8238df75-2096-4e82-b928-dda18c3a6a1f.html

Delisting Announcement

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National Storage Mechanism | Additional information

RNS Number : 0743N

TheWorks.co.uk PLC

03 May 2024

FOR IMMEDIATE RELEASE

3 May 2024

TheWorks.co.uk plc

("The Works" or the "Company")

Admission to trading on AIM and first day of dealings

The Works, the family-friendly value retailer of books, arts and crafts, stationery, toys and games, is pleased to announce the admission of its entire issued share capital, being 62,500,000 ordinary shares of one penny each ("Ordinary Shares") to trading on AIM, a market operated by the London Stock Exchange plc ("Admission"). 

Admission will take place and dealings in the Ordinary Shares will commence at 8.00 a.m. today under the same TIDM and ISIN of WRKS and GB00BF5HBF20 respectively. Cancellation of the Company's Ordinary Shares on the Premium Segment of the Main Market will take place simultaneously with Admission.

Further information in relation to Admission can be found in the Company's Schedule One announcement published on 4 April 2024. An appendix to the Schedule One, as well as information required pursuant to AIM Rule 26, is available on the Company's website at https://corporate.theworks.co.uk/investors/aim-rule-26/ .   

Carolyn Bradley, Chair of The Works , said: "We are pleased that our move to AIM has now completed, meaning that The Works is now listed on a more appropriate market. We reiterate our confidence that this move will deliver a significant cost saving leading to increased value for shareholders. We would like to thank our shareholders for their continued support."

Enquiries:

TheWorks.co.uk plc

Gavin Peck, CEO

Rosie Fordham, CFO
via Sanctuary Counsel
Singer Capital Markets (Nomad and Broker)

Peter Steel

Alaina Wong

Jalini Kalaravy
020 7496 3000
Sanctuary Counsel (PR Adviser)

Ben Ullmann

Rachel Miller

Kitty Ryder
020 7340 0395

[email protected]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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