IWG Plc
IWG.L
IWG Plc
SymbolISINCurrencyExchange
IWG.LJE00BYVQYS01GBXLondon Stock Exchange
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Serviced offices provider IWG will sell its Japanese operations to TKP Corporation for £320m and convert its Japanese business to a franchise model. The sale comprises 130 flexible co-work centres in Japan, which contributed £94.4m of revenues and underlying earnings of £20.6m last year. IWG and TKP have entered into a strategic partnership and long-term master franchise agreement which gives TKP exclusive rights to use the Regus, Spaces and OpenOffice brands in Japan. TKP already has 249 sites in Japan, where it rents out conference rooms and banquet halls. IWG chief executive Mark Dixon says partnering and franchising are “increasingly important elements” of the company’s growth strategy and the deal realises an “attractive valuation”.
IWG Plc (IWG.L) Announced that it has entered into a strategic partnership with TKP Corporation (TKP) in Japan. The company will divest its Japanese operations to TKP and the parties have agreed on an exclusive master franchise agreement for the country. The companies have entered into a definitive sale and purchase agreement in relation to 100.0% of the shares of Regus Japan Holdings K.K. IWG will receive a gross consideration of £320.00 million payable in cash at completion subject to completion accounts adjustments for cash, debt and working capital. The companies have also entered into a long-term master franchise agreement which provides TKP with exclusive rights to the use of the Regus, Spaces and OpenOffice brands in Japan.
Strategic Partnership Transaction in Japan. IWG, the global operator of leading co-work and workspace brands, is pleased to announce that it has entered into a strategic partnership with TKP Corporation in Japan. TKP, which is listed on the Tokyo Stock Exchange, is the leading provider of conference rooms and banquet halls for rental in Japan, operating from 249...
RNS Number: 9636 V IWG PLC 11 April 2019 IWG plc. The Company announces that, in accordance with Listing Rule 9.6. 1, copies of each of the following documents have been submitted to the UK Listing Authority via the National Storage Mechanism:. The Company's 2019 Annual General Meeting will be held at Dammstrasse 19, CH-6300, Zug, Switzerland on Tuesday 14 May 2019 at...
RNS Number: 6725 U IWG PLC 01 April 2019. Total Voting Rights: Month End Disclosure. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 2355 S IWG PLC 08 March 2019 IWG plc. 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.
RNS Number: 2358 S IWG PLC 08 March 2019 IWG plc. 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.
Key Highlights: Strong growth trends, reflecting management initiatives• Open centre revenue up 13.3% to �2,483.1 m. •Group revenue up 9.7% to a record �2,535.4 m, with the rate of revenue growth accelerating throughout the year. •Operating profit of �154.1 m, in line with management's expectations.
RNS Number: 4872 R IWG PLC 01 March 2019. Total Voting Rights: Month End Disclosure. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 4216 R IWG PLC 28 February 2019 IWG PLC. IWG plc, the global operator of leading co-work and workspace brands, today announces that Elmar Heggen will step down as Non-Executive Director and Chairman of the Audit Committee effective from the Company's annual general meeting to be held on 14 May 2019. Previously, Laurie spent 38 years with...
RNS Number: 8616 O IWG PLC 01 February 2019. Total Voting Rights: Month End Disclosure. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 5549 M IWG PLC 09 January 2019 TR-1: S tandard form for notification of major holdings. 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.
RNS Number: 8583 L IWG PLC 02 January 2019 IWG plc. Total Voting Rights: Month End Disclosure. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Pursuant to the general authority given to the Company by shareholders, IWG plc announces that, on 27th December 2018 it purchased a total of 300,000 Ordinary Shares of 1 pence each in the Company at 205.4 pence per share. The highest and the lowest price paid was 205.04 pence per share. RNS is approved by the Financial Conduct Authority to act as a Primary...
RNS Number: 3998 L IWG PLC 24 December 2018. Appointment of Chief Financial Officer. IWG plc, the global operator of leading co-work and workspace companies, has appointed Eric Hageman as Chief Financial Officer with effect from 1 st January 2019.
Pursuant to the general authority given to the Company by shareholders, IWG plc announces that, on 19th December 2018 it purchased a total of 300,000 Ordinary Shares of 1 pence each in the Company at 205.25 pence per share. The highest and the lowest price paid was 205.25 pence per share. RNS is approved by the Financial Conduct Authority to act as a Primary...
Pursuant to the general authority given to the Company by shareholders, IWG plc announces that, on 18th December 2018 it purchased a total of 150,000 Ordinary Shares of 1 pence each in the Company at 206.51 pence per share. The highest price paid was 209.3 pence per share and the lowest price paid was 204.6 pence per share. RNS is approved by the Financial Conduct...
Pursuant to the general authority given to the Company by shareholders, IWG plc announces that, on 17th December 2018 it purchased a total of 300,000 Ordinary Shares of 1 pence each in the Company at 203.11 pence per share. The highest price paid was 203.22 pence per share and the lowest price paid was 203 pence per share. RNS is approved by the Financial Conduct...
RNS Number: 7525 K IWG PLC 18 December 2018 IWG plc Transaction notification. 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.

Company Profile

IWG is leading the workspace revolution. Our companies help more than 2.5 million people and their businesses to work more productively. We do so by providing a choice of professional, inspiring and collaborative workspaces, communities and services. Digitalisation and new technologies are transforming the world of work. People want the personal productivity benefits of living and working how and where they want. Businesses want the financial and strategic benefits. Our customers are start-ups, small and medium-sized enterprises and large multinationals, with unique goals and aspirations. They want a choice of workspaces and communities to match their needs. Through our companies we provide that choice. We create personal, financial and strategic value for businesses of every size. From some of the most exciting companies and well-known organisations on the planet, to individuals and the next generation of industry leaders.

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HQ
Dammstrasse 19
6300
Zug
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