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REG - Winking Studios Ltd - GRANT OF SHARE AWARDS

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RNS Number : 6101U  Winking Studios Limited  27 February 2026

WINKING STUDIOS LIMITED

(Company Registration No. 159882)

(Incorporated in the Cayman Islands)

 

 GRANT OF SHARE AWARDS PURSUANT TO THE

 WINKING STUDIOS PERFORMANCE SHARE PLAN

 

In accordance with Rule 704(32) of the Singapore Exchange Securities Trading
Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist, the Board of
Directors (the "Board") of Winking Studios Limited (the "Company", together
with its subsidiaries, the "Group") hereby announces the details of the grant
of share awards ("Awards") pursuant to allocations under the Winking Studios
Performance Share Plan ("Winking PSP") to employees of the Group.

Pursuant to AIM Rule 17, further announcement(s) will be made on vesting and
issue of any new Shares issued pursuant to Awards under the Winking PSP.

Winking PSP

 Date of grant of Awards under the Winking PSP                                   26 February 2026
 Number of Shares which are the subject of the Awards granted under the Winking  1,410,000
 PSP
 Market price of Shares on the date of the grant                                 0.245 SGD (being the closing market price of the Shares on 26 February 2026)
 Number of Shares granted to each Director and controlling shareholder (and      Nil
 each of their associates), if any

 Vesting date of Shares awarded                                                  The Awards granted will be vested in tranches as set out below:

Tranche    Up to % of Awards  Vesting date/End of Performance Period
                                                                                 Tranche 1  46.80              2029
                                                                                 Tranche 2  26.60              2030
                                                                                 Tranche 3  26.60              2031

A specified number of Shares will be released to the participants at the end
                                                                                 of each performance period, subject to threshold targets and tenure of service
                                                                                 being achieved by the respective employees.

A specified number of Shares will be released to the participants at the end
of each performance period, subject to threshold targets and tenure of service
being achieved by the respective employees.

 

 

BY ORDER OF THE BOARD

 

 

MR. JOHNNY JAN

Executive Director and Chief Executive Officer (Founder)

27 February 2026

 

 

Enquiries

 Singapore                                                  UK
 Winking Studios Limited                                    Alma Strategic Communications

 Johnny Jan, Executive Director and CEO (Founder)           Justine James / David Ison / Emma Thompson

 Oliver Yen, Finance Director and Group CFO                 +44 (0)20 3405 0205

                                                            WKS@almastrategic.com (mailto:WKS@almastrategic.com)

 8PR Asia (Investor Relations)                              Strand Hanson Limited

 Alex Tan                                                   (Financial and Nominated Adviser)

 +65 9451 5252                                              James Harris / James Bellman

 alex.tan@8prasia.com (mailto:alex.tan@8prasia.com)          +44 (0)20 7409 3494

 PrimePartners Corporate Finance Pte. Ltd.                  SP Angel Corporate Finance LLP (Joint Broker)

 (Sponsor)                                                  Stuart Gledhill / Charlie Bouverat (Corporate Finance)

 Foo Jien Jieng                                             Abigail Wayne / Rob Rees (Corporate Broking)

 sponsorship@ppcf.com.sg (mailto:sponsorship@ppcf.com.sg)   +44 (0)20 3470 0470

                                                            Zeus Capital Limited (Joint Broker)

                                                            James Hornigold (Investment Banking)

                                                            Ben Robertson (Equity Capital Markets)

 

About Winking Studios Limited (AIM and SGX: WKS)

 

Headquartered in Singapore and dual-listed on the London Stock Exchange and
Singapore Exchange (Trading Code: WKS), Winking Studios Limited is one of the
leading global AAA game art outsourcing studios and an established game
development company.

 

With over 25 years of experience and established track record, the Group
provides end-to-end art outsourcing, game development services and other
gaming services across various platforms for the global gaming industry via
its three business segments of Art Outsourcing, Game Development and Global
Publishing & Other Services.

 

The Group has 13 studios across Taipei, Nanjing, Suzhou, Dalian, Tianjin,
Shanghai and Kuala Lumpur with over 1,400 highly skilled employees serving a
global customer base that includes 22 of the top 25 game publishers in the
world.

 

For more information, please visit www.winkingworks.com
(https://protect.checkpoint.com/v2/___http:/www.winkingworks.com___.YzJ1OnJhamFoYW5kdGFubjpjOm86Mzg1MGRmYjQ2ZjFiMGRmNjhjNTI3NmVhY2ZkZmFlYTg6Njo5Y2JkOjAxMjgzOGE2OTIwN2VhZDE4NDJiOTIzNWIwOWMwOTBmN2Q0NmFiNzMxZmE4OTY4OGVlMThiYTljMmNjNTE0MzA6cDpGOk4)
.

 

 

This announcement has been reviewed by the Company's sponsor, PrimePartners
Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or
approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST")
and the SGX-ST assumes no responsibility for the contents of this
announcement, including the correctness of any of the statements or opinions
made or reports contained in this announcement. The contact person for the
Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Collyer Quay Centre,
Singapore 049318, sponsorship@ppcf.com.sg.

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