Director/PDMR Shareholding

RNS Number : 9071W

Keywords Studios PLC

28 April 2021

 

28 April 2021

Keywords Studios PLC

("Keywords Studios" or the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them

Keywords Studios, the international technical and creative services provider to the global video games industry, announces that it has been informed that P.E.Q. Holdings Ltd. the holding company of the founders of Keywords led by Giorgio Guastalla (Non-Executive Director of Keywords) (the "Selling Shareholder"), subject to completion, has sold 3,000,000 shares in Keywords, at a price of 2,800 pence per share (the "Placing").

Following completion of the Placing, the Selling Shareholder will hold 500,736 shares in Keywords, representing approximately 0.7% of the Company's issued share capital.

The remainder of the Company's ordinary shares held by the Selling Shareholder following the Placing will be subject to a lock-up which ends 9 months after completion of the Placing (subject to waiver by Numis Securities and to certain customary exceptions).

ANNEX

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Giorgio Guastalla (through P.E.Q. Holdings Ltd.)
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Keywords Studios PLC
b)	LEI	2138007VR9ZYCWS7VE12
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of 1p each
	Identification code	ISIN: GB00BBQ38507
b)	Nature of the transaction	Sales of Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£28.00	3,000,000
d)	Aggregated information
	- Aggregated volume	Volume 3,000,000
	- Price	Price £28.00
e)	Date of the transaction	28 April 2021
f)	Place of the transaction	London Stock Exchange

  For further information, please contact:

Keywords Studios  ( www.keywordsstudios.com ) Jon Hauck, Joint Interim Chief Executive Officer Sonia Sedler, Joint Interim Chief Executive Officer Joseph Quinn, Investor Relations	[phone]
Numis Securities Stuart Skinner/Kevin Cruickshank/William Baunton	[phone]
MHP Communications (Financial PR) Katie Hunt/James Midmer/Charles Hirst	[phone] [e-mail]

About Keywords Studios ( www.keywordsstudios.com )

Keywords Studios is an international technical services provider to the global video games industry. Established in 1998, and now with over 65 facilities in 22 countries strategically located in Asia, the Americas and Europe, it provides integrated art creation, marketing services, software engineering, testing, localization, audio and customer care 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, including Activision Blizzard, Bandai Namco, Bethesda, Electronic Arts, Konami, Microsoft, Riot Games, Square Enix, Supercell, TakeTwo, Epic Games and Ubisoft. Recent titles worked on include Call of Duty: Black Ops Cold War, Anthem, Star Wars Jedi: Fallen Order, Assassin's Creed Valhalla, 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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