WNS Announces Board Authorization of ADS Repurchase Program

1/18/18

NEW YORK & MUMBAI, India--(BUSINESS WIRE)--WNS (Holdings) Limited (WNS) (NYSE:WNS), a leading provider of global Business Process Management (BPM) services, today announced that its Board of Directors has authorized a program to repurchase up to 3.3 million American Depositary Shares (“ADSs”), each representing one ordinary share, at a price range of $10 to $100 per ADS. The share repurchase program is subject to shareholders’ approval. WNS intends to convene an extraordinary general meeting of its shareholders in the fourth quarter of fiscal 2018 to seek shareholders’ approval of the share repurchase program. If shareholders approve the repurchase program, ADSs may be purchased in the open market from time to time for a period of 36 months from the date of shareholders’ approval. WNS intends to fund the share repurchases with cash on hand. These repurchases will be made in compliance with the SEC’s Rule 10b-18, subject to market conditions, applicable legal requirements and other factors. The plan does not obligate the company to repurchase any specific number of shares and may be suspended at any time at management’s discretion. The company had 50.3 million ordinary shares outstanding as of December 31, 2017.

About WNS

WNS (Holdings) Limited (NYSE: WNS), is a leading global business process management company. WNS offers business value to 350+ global clients by combining operational excellence with deep domain expertise in key industry verticals including Travel, Insurance, Banking and Financial Services, Manufacturing, Retail and Consumer Packaged Goods, Shipping and Logistics, Healthcare and Utilities. WNS delivers an entire spectrum of business process management services such as finance and accounting, customer interaction services, technology solutions, research and analytics and industry specific back office and front office processes. As of December 31, 2017, WNS had 35,657 professionals across 53 delivery centers worldwide including China, Costa Rica, India, Philippines, Poland, Romania, South Africa, Sri Lanka, Turkey, United Kingdom and the United States. For more information, visit www.wns.com.

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