REG - Keywords Studios PLC - Director/PDMR Shareholding

Keywords StudiosAnnouncement

04/08/2023 09:00

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RNS Number : 2711I  Keywords Studios PLC  04 August 2023

4 August 2023

 

 

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 provider of creative and
technology-enabled solutions to the global video games and entertainment
industries, today announces that, under the terms of the Keywords Studios Long
Term Incentive Plan ("LTIP"), conditional awards of shares were granted on 2
August 2023 to Robert Kingston, Chief Financial Officer and person dispensing
managerial responsibility, in connection with the commencement of his
employment with the Company on 1 July 2023.

 

The LTIPs will normally vest on 2 August 2026. 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 a 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.

 

 Z1    Details of the person discharging managerial responsibilities/person closely
       associated

 a)    Name                                                 Robert Kingston

 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    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     29,545

 

 d)    Aggregated information                              Aggregate volume of shares:  29,545

       - Aggregated volume                                 Aggregate price of shares: GBP 295.45

       - Price
 e)    Date of the transaction                             2023-08-02 (UTC)

 f)    Place of the transaction                            Outside a trading venue

 

d)

Aggregated information

- Aggregated volume

- Price

Aggregate volume of shares:  29,545

Aggregate price of shares: GBP 295.45

 

e)

Date of the transaction

2023-08-02 (UTC)

 

f)

Place of the transaction

Outside a trading venue

 

 

 

End.

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