REG - TheWorks.co.uk PLC - Admission to AIM and first day of dealings

Works co ukAnnouncement

03/05/2024 07:00

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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/
(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                             via Sanctuary Counsel

 Rosie Fordham, CFO

 Singer Capital Markets (Nomad and Broker)

 Peter Steel                                 020 7496 3000

 Alaina Wong

 Jalini Kalaravy

 Sanctuary Counsel (PR Adviser)

 Ben Ullmann                                 020 7340 0395

 Rachel Miller                               theworks@sanctuarycounsel.com

 Kitty Ryder

 

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