REG - Keywords Studios PLC - Issue of Shares

Keywords StudiosAnnouncement

14/03/2024 07:00

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RNS Number : 7723G  Keywords Studios PLC  14 March 2024

 14 March 2024

 

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 1,245 new ordinary shares to the
vendors of Waste Creative Ltd 1  ("Waste") in respect of the share element of
contingent consideration due based on the performance of Waste post
completion.

 

Since the acquisition, the shares to be issued relating to Waste 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 1,245 new ordinary shares to trading on AIM.  Admission of the new
shares is expected to take place at 8:00am on 19 March 2024.

The Company's total issued share capital following admission will consist of
79,428,122 ordinary shares of one pence each with one voting right per
share. There are 530,662 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 following
admission will be 78,897,460. 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:

 Keywords Studios                                                       Deutsche Numis

 Giles Blackham                                                         Nomad & Joint Corporate Broker

 Director of Investor Relations                                         Stuart Skinner / Will Baunton

 +44 7714 134 681                                                       +44 20 7260 1000

 gblackham@keywordsstudios.com (mailto:gblackham@keywordsstudios.com)

 MHP Group                                                              Barclays

 Financial Communications                                               Joint Corporate Broker

 Katie Hunt / Eleni Menikou / Charles Hirst                             Tom Macdonald / Stuart Jempson

 +44 7884 494 112 / +44 20 3128 8100                                    +44 20 7029 8000

 keywords@mhpgroup.com (mailto:keywords@mhpgroup.com)

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).

 1  Keywords Studios acquired Waste Holdings Limited which wholly owns Waste
Creative Limited.

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