REG - Keywords Studios PLC - Director/PDMR Shareholding
RNS Number : 2843YKeywords Studios PLC08 May 201908 May 2019
Keywords Studios plc
Executive LTIP - PDMR Dealings
Keywords Studios, the international technical services provider to the global video games industry, today announces that, under the terms of the Company's long term incentive plan ("LTIP"), the following awards were granted on 3 May, 2019.
Director
Type of option
Number of shares subject to option
Andrew Day, Chief Executive Officer
Nil-cost option
50,000
David Broderick, Chief Financial Officer
Nil-cost option
25,000
Vesting of the above LTIPs are subject to the achievement of performance conditions based on the Company's Total Shareholder Return ("TSR") versus the FTSE Small Cap Index over the 3 year performance period. Threshold vesting (10% of the award) will vest for TSR in line with the Index and full vesting will be earned for exceeding the Index TSR by 20% over the performance period.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrew Day
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Keywords Studios PLC
b)
LEI
2138007VR9ZYCWS7VE12
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of 1p each
ISIN: GB00BBQ38507
Identification code
b)
Nature of the transaction
Grant of nil-cost option over 50,000 Ordinary Shares under the Company's LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil Priced
50,000
d)
Aggregated information
N/A
- Aggregated volume
- Price
e)
Date of the transaction
3 May, 2019
f)
Place of the transaction
Outside a Trading Venue
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
David Broderick
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Keywords Studios PLC
b)
LEI
2138007VR9ZYCWS7VE12
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of 1p each
ISIN: GB00BBQ38507
Identification code
b)
Nature of the transaction
Grant of nil-cost option over 25,000 Ordinary Shares under the Company's LTIP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil Priced
25,000
d)
Aggregated information
N/A
- Aggregated volume
- Price
e)
Date of the transaction
3 May, 2019
f)
Place of the transaction
Outside a Trading Venue
For further information, please contact:
Keywords Studios (www.keywordsstudios.com)
Andrew Day, Chief Executive Officer
David Broderick, Chief Financial Officer
+353 190 22 730
Numis (Financial Adviser)
Stuart Skinner / Kevin Cruickshank (Nominated Adviser)
James Black / Tom Ballard (Corporate Broker)
020 7260 1000
MHP Communications (Financial PR)
Katie Hunt / Ollie Hoare
020 3128 8100
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 50 facilities in 21 countries strategically located in Asia, the Americas and Europe, it provides integrated art creation, software engineering, testing, localisation, audio and customer care services across more than 50 languages and 16 games platforms to a blue-chip client base of approximately 850 clients across the globe.
It has a strong market position, providing services to 23 of the top 25 most prominent games companies, including Activision Blizzard, Bandai Namco, Bethesda, Electronic Arts, Konami, Riot Games, Sony, Square Enix, Supercell, TakeTwo, Epic Games and Ubisoft. Recent titles worked on include Uncharted 4: A Thief's End, Call of Duty: WWII, Mortal Combat X, Assassin's Creed Origins, Battlefield 1, League of Legends, Fortnite, Clash Royale and Rainbow Six Siege. Keywords Studios is listed on AIM, the London Stock Exchange regulated market (KWS.L).
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