diff --git a/VERSION b/VERSION
index f21c0ae0b..b8ae5a5b4 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.16.2
\ No newline at end of file
+1.16.3
\ No newline at end of file
diff --git a/messages.json b/messages.json
index f99f705c3..821ca4fcf 100644
--- a/messages.json
+++ b/messages.json
@@ -10,6 +10,7 @@
     "1.16.0": "messages/1.16.0.txt",
     "1.16.1": "messages/1.16.1.txt",
     "1.16.2": "messages/1.16.2.txt",
+    "1.16.3": "messages/1.16.3.txt",
     "1.2.7": "messages/1.2.7.txt",
     "1.2.8": "messages/1.2.8.txt",
     "1.2.9": "messages/1.2.9.txt",
diff --git a/messages/1.16.3.txt b/messages/1.16.3.txt
new file mode 100644
index 000000000..499a46583
--- /dev/null
+++ b/messages/1.16.3.txt
@@ -0,0 +1,13 @@
+=> 1.16.3
+
+# Features and Fixes
+
+- Add support for textDocument/documentLink request (#1974) (jwortmann)
+- Don't expose disabled code actions (Rafal Chlodnicki)
+- Check for : and / while updating nested dict structures in DottedDict (Raoul Wols)
+- docs: add info about enabling clangd server (Ilia)
+- Fix diagnostic regions being hidden by semantic regions (#1969) (Rafał Chłodnicki)
+- Initialize diagnostic tagged regions after non-tagged ones (Rafal Chlodnicki)
+- Follow global setting whether to show snippet completions (Janos Wortmann)
+- Fix academicmarkdown language id (Lucas Alber)
+- Fix WSL path URI decoding under Windows (#1962) (Jack Cherng)
diff --git a/plugin/core/version.py b/plugin/core/version.py
index 33eefa4b0..35827bd0e 100644
--- a/plugin/core/version.py
+++ b/plugin/core/version.py
@@ -1 +1 @@
-__version__ = (1, 16, 2)
+__version__ = (1, 16, 3)