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RNS Number : 5466H Keywords Studios PLC 28 July 2023
28 July 2023
Keywords Studios plc
("Keywords Studios", the "Company")
Issue of Shares
Keywords Studios, the international provider of creative and
technology-enabled solutions to the global video games and entertainment
industries, today announces the issuance of 147,296 new ordinary shares.
The issuance includes 120,415 new ordinary shares to the vendor of Forgotten
Empires, LLC of which 60,856 shares are non-contingent consideration due
one-year post-completion and 59,559 shares are contingent consideration based
on targets being met during the six-month period post-completion.
The issuance also includes 26,881 new ordinary shares to a vendor of Forgotten
Software, S.L. in respect of non-contingent consideration due one-year
post-completion.
Application has been made to the London Stock Exchange for the admission
of these 147,296 new ordinary shares to trading on AIM. Admission of the
new shares is expected to take place at 8:00am on 3 August 2023.
The Company's total issued share capital following admission will consist of
79,232,913 ordinary shares of one pence each with one voting right per
share. There are 67,012 ordinary shares in the Company's Employee
Benefit Trust ("EBT"), and the EBT has waived its right to exercise its
voting rights and to receive dividends in respect of these ordinary shares.
Therefore, the number of ordinary shares with voting rights is 79,165,901.
This figure 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:
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 provider of creative and
technology-enabled solutions 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
Elden Ring, 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).
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