Block Admission
29/05/2024 10:55
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RNS Number : 2812Q Keywords Studios PLC 29 May 2024
29 May 2024
Keywords Studios plc
("Keywords Studios", "the Company")
Block Admission
The Company announces that an application has been made for a block admission
to trading on AIM in respect of 300,000 ordinary shares of 1p each ("New
Ordinary Shares") in the share capital of the Company (the "Block
Admission"). It is expected that the Block Admission will become effective
on 3 June 2024.
The New Ordinary Shares will be issued from time to time pursuant to the
Company's Long-Term Incentive Plan.
When issued, the New Ordinary Shares will be credited as fully paid and will
rank pari passu with the existing ordinary shares of the Company.
The Block Admission is considered adequate for anticipated exercises of
options under the Incentive Schemes for the foreseeable future.
As at 29 May 2024, the Company's issued share capital consisted of 79,709,186
ordinary shares of 1p each with voting rights. The Company's issued share
capital will not change as a result of the Block Admission. The Company does
not hold any ordinary shares in Treasury.
There are 1,020 Ordinary Shares in the Company's Employee Benefit Trust
("EBT"), and the EBT has waived its right to exercise its voting rights and to
receive dividends in respect of these Ordinary Shares.
Therefore, the number of Ordinary Shares with voting rights is 79,708,166.
This figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in the Company, under the Financial
Conduct Authority's DTR.
For further information, please contact:
Keywords Studios Deutsche Numis
Giles Blackham Nomad & Joint Corporate Broker
Director of Investor Relations Stuart Skinner / Will Baunton
+44 7714 134 681 +44 20 7260 1000
gblackham@keywordsstudios.com (mailto:gblackham@keywordsstudios.com)
MHP Group Barclays
Financial Communications Joint Corporate Broker
Katie Hunt / Eleni Menikou / Charles Hirst Tom Macdonald / Stuart Jempson
+44 7884 494 112 / +44 20 3128 8100 +44 20 7029 8000
keywords@mhpgroup.com (mailto:keywords@mhpgroup.com)
About Keywords Studios (www.keywordsstudios.com)
Keywords Studios is a global provider of creative and technology-enabled
solutions to the video games and entertainment industries. Established in
1998, and now with over 70 facilities in 26 countries strategically located in
Asia, Australia, the Americas, and Europe, it provides services across the
entire content development life cycle through its Create, Globalize and Engage
service lines to a large blue-chip client base across the globe.
Keywords Studios has a strong market position, providing services to 24 of the
top 25 most prominent games companies and contributing to over 70% of the
2023 Game Awards winners. Across the games and entertainment industry, clients
include Activision Blizzard, Bandai Namco, Bethesda, Electronic Arts, Epic
Games, Konami, Microsoft, Netflix, Riot Games, Square Enix, Supercell,
TakeTwo, Tencent and Ubisoft. Recent titles worked on include Starfield,
Baldur's Gate 3, Diablo IV, Hogwarts Legacy, Elden Ring, Fortnite, Valorant,
League of Legends and Clash Royale. Keywords Studios is listed on AIM, the
London Stock Exchange regulated market (KWS.L).
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