REG - Keywords Studios PLC - Director/PDMR Shareholding

Keywords StudiosAnnouncement

27/10/2022 14:30

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RNS Number : 3830E  Keywords Studios PLC  27 October 2022

27 October 2022

 

Keywords Studios plc

("Keywords Studios", "the Company")

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS

Conditional Award of Shares

Keywords Studios, the international technical and creative services provider
to the global video games industry, today announces that, under the terms of
the Keywords Studios Long Term Incentive Plan ("LTIP"), conditional awards of
shares were granted on 26 October 2022 to the below named person discharging
managerial responsibilities.

The LTIPs will normally vest on 26 October 2025. Vesting of the LTIPs are
conditional on continued employment and the achievement of performance
conditions approved by the Remuneration Committee, based on the Company's
Total Shareholder Return ("TSR") versus the FTSE 250 Index (excluding
investment trusts) (the "Index") over the 3-year performance period. Threshold
vesting (25% 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.

 1   Details of the person discharging managerial responsibilities/person closely
     associated

 a)  Name                                              Joseph Binnion

 2   Reason for the notification

 a)  Position/status                                   Chief Culture 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  Ordinary shares of 1 pence each in Keywords Studios PLC (ISIN: GB00BBQ38507)

     instrument and identification code
 b)  Nature of the transaction                         Grant of nominal cost conditional award of shares under the Keywords Studios
                                                       Long Term Incentive Plan, based on Group performance.

 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                       GBP 0.01  9,000

 d)  Aggregated information                            Aggregate volume of shares: 9,000

     - Aggregated volume                               Aggregate price of shares: GBP 90

     - Price
 e)  Date of the transaction                           2022-10-26 (UTC)

 f)  Place of the transaction                          Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Aggregate volume of shares: 9,000

Aggregate price of shares: GBP 90

 

e)

Date of the transaction

2022-10-26 (UTC)

 

f)

Place of the transaction

Outside a trading venue

 

 

ENDS

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