THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS, WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS

FOR IMMEDIATE RELEASE

9^th May 2023

Workspace Group PLC ("Workspace")

RULE 19.6(C) CONFIRMATION WITH RESPECT TO STATED POST-OFFER INTENTIONS WITH REGARD TO MCKAY SECURITIES PLC ("McKay")

Workspace announces that further to the acquisition of McKay, which was effected by way of a scheme of arrangement under Part 26 of the Companies Act 2006, and which became effective on 6 May 2022,  Workspace has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of The City Code on Takeovers and Mergers (the "Code") that it has complied with its post-offer statements of intent made pursuant to Rules 2.7(c)(iv), 19.6 and 24.2 of the Code, as originally detailed in its 2.7 announcement dated 2 March 2022, the scheme circular dated 29 March 2022, and the update on post-offer intentions announcement dated 27 May 2022.

Enquiries:

Workspace                                                                                                                             020 7369 2301