REG - Keywords Studios PLC - Issue of Shares

Keywords StudiosAnnouncement

28/06/2022 17:45

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RNS Number : 5386Q  Keywords Studios PLC  28 June 2022

28 June 2022

 

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

 

     Issue of Shares

 

Keywords Studios, the international technical and creative services provider
to the global video games industry, today announces the issuance of 28,474 new
ordinary shares to the vendor of Tantalus Media Pty Ltd(1) ("Tantalus") in
respect of the share element of the consideration due based on the performance
of Tantalus post completion.

 

Since the acquisition, the shares to be issued relating to Tantalus have been
fully represented in the reported earnings per share numbers through the basic
and diluted weighted average denominators used.

 

Application has been made to the London Stock Exchange for the admission
of these 28,474 new ordinary shares to trading on AIM.  Admission of the new
shares is expected to take place at 8:00am on 4 July 2022.  The Company's
total issued share capital following admission will consist of 76,950,531
ordinary shares of one pence each with one voting right per share. The figure
of 76,950,531 may be used by shareholders as the denominator for the
calculations by which they can determine if they are required to notify their
interest in, or a change to their interest in, the Company following
admission.

 

For further information, please contact:

 Keywords Studios (www.keywordsstudios.com (http://www.keywordsstudios.com) )   +353 190 22 730

 Bertrand Bodson, Chief Executive Officer

 Jon Hauck, Chief Financial Officer

 Numis Securities                                                               +44 20 7260 1000

 Stuart Skinner/Kevin Cruickshank/Will Baunton

 MHP Communications (Financial PR)                                              +44 20 3128 8193

 Katie Hunt/Eleni Menikou/Charles Hirst                                         keywords@mhpc.com (mailto:keywords@mhpc.com)

About Keywords Studios (www.keywordsstudios.com
(http://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
23 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 23 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).

 

(1) Keywords acquired 85% of the issued share capital of Tantalus' parent
company, Keywords Australia Pty Ltd ("Keywords Australia"), a new company set
up for this transaction. Put and call options are in place that would allow
the Keywords Studios group to buy the 15% shareholding in Keywords Australia
from 2024.

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