REG - Keywords Studios PLC - Extension of EBT Market Purchases to EUR15 million

Keywords StudiosAnnouncement

14/06/2023 07:00

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RNS Number : 6142C  Keywords Studios PLC  14 June 2023

14 June 2023

 

Keywords Studios plc ("Keywords Studios", the "Company")

 

Extension of EBT Market Purchases to €15 million

 

Keywords Studios is pleased to announce that Apex Financial Services (Trust
Company) Limited ("Apex"), as the trustee of the Keywords Studios Employee
Benefit Trust ("EBT"), will extend their market purchase programme ("EBT
Purchase Programme") previously announced in the Company's full year results
in March 2023 to a total of €15 million.

Apex intends to undertake a further EBT Purchase Programme of up to €10
million (including all transaction costs) during H2 2023, with purchases
commencing on or about 3 July 2023. Apex completed the purchase of the initial
tranche of €5 million of ordinary shares on 31 May 2023, purchasing a total
of 182,371 ordinary shares for the EBT.

All of the ordinary shares purchased will be used to satisfy future exercises
or transfers of LTIPs, stock options or RSUs pursuant to the relevant share
plan.

 

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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

 Nominated Adviser & Broker

 Stuart Skinner / Will Baunton

 +44 20 7260 1000

 

About Keywords Studios (www.keywordsstudios.com
(http://www.keywordsstudios.com/) )

Keywords Studios is an international technology-enabled solutions provider to
the global 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. 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
Diablo IV, Hogwarts Legacy, Elden Ring, Fortnite, Valorant, League of Legends,
Clash Royale and Doom Eternal. Keywords Studios is listed on AIM, the London
Stock Exchange regulated market (KWS.L).

 

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