REG - Keywords Studios PLC - Block Admission

Keywords StudiosAnnouncement

18/04/2023 10:00

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RNS Number : 5867W  Keywords Studios PLC  18 April 2023

18 April 2023

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 500,000 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 24 April 2023.

 

The New Ordinary Shares will be issued from time to time pursuant to the
Company's employee share schemes (the "Incentive Schemes"), as follows:

 

·    250,000 shares in respect of the Long Term Incentive Plan; and

·    250,000 shares in respect of the Share Option 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 18 April 2023, the Company's issued share capital consisted of
78,590,665 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.

 

For further information, please contact:

 Investor Contacts:                                                       Media Contacts:
 Keywords Studios                                                         MHP Group

 Giles Blackham                                                           Katie Hunt / Eleni Menikou / Charles Hirst

 Director of Investor Relations                                           +44 20 3128 8794

 +44 7714 134 681                                                         keywords@mhpgroup.com (mailto:keywords@mhpgroup.com)

 gblackham@keywordsstudios.com (mailto:gblackham@keywordsstudios.com)
 Numis Securities

 Stuart Skinner / Will Baunton

 Nominated Adviser & Broker

 +44 20 7260 1000

 

About Keywords Studios (www.keywordsstudios.com)

Keywords Studios is an international technical services provider to the global
video games industry. Established in 1998, and now with over 70 facilities in
26 countries strategically located in Asia, Australia, the Americas and
Europe, it provides integrated art creation, marketing services, game
development, testing, localization, audio and player support services across
more than 50 languages and 16 games platforms to a blue-chip client base of
over 950 clients across the globe.

Keywords Studios has a strong market position, providing services to 24 of the
top 25 most prominent games companies. 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
Anthem, Star Wars Jedi: Fallen Order, Valorant, League of Legends, Fortnite,
Clash Royale and Doom Eternal. Keywords Studios is listed on AIM, the London
Stock Exchange regulated market (KWS.L).

 

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