Director/PDMR Shareholding

RNS Number : 5403K

Keywords Studios PLC

06 May 2022

 

6 May 2022

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

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Conditional Award of Shares

Keywords Studios, the international technical services provider to the global video games industry, today announces that, under the terms of the Keywords Studios Long Term Incentive Plan ("LTIP"), conditional awards of shares were granted on 5 May 2022 to the below participants.

The LTIPs will normally vest on 5 May 2025. Vesting of the LTIPs are conditional on continued employment and the achievement of performance conditions approved by the Remuneration Committee, based on the Company's Total Shareholder Return ("TSR") versus the FTSE 250 Index (excluding investment trusts) (the "Index") over the 3-year performance period. Threshold vesting (25% of the award) will vest for TSR in line with the Index and full vesting will be earned for exceeding the Index TSR by 20% over the performance period.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Bertrand Bodson
2	Reason for the notification
a)	Position/status	Chief Executive Officer
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 and identification code	Ordinary shares of 1 pence each in Keywords Studios PLC (ISIN: GB00BBQ38507)
b)	Nature of the transaction	Grant of nominal cost conditional award of shares under the Keywords Studios Long Term Incentive Plan, based on Group performance.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 0.01 70,392
d)	Aggregated information - Aggregated volume - Price	Aggregate volume of shares: 70,392 Aggregate price of shares: GBP 0.01
e)	Date of the transaction	2022-05-05 (UTC)
f)	Place of the transaction	London Stock Exchange, AIM (AIMX)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jon Hauck
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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 and identification code	Ordinary shares of 1 pence each in Keywords Studios PLC (ISIN: GB00BBQ38507)
b)	Nature of the transaction	Grant of nominal cost conditional award of shares under the Keywords Studios Long Term Incentive Plan, based on Group performance.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 0.01 35,586
d)	Aggregated information - Aggregated volume - Price	Aggregate volume of shares: 35,586 Aggregate price of shares: GBP 0.01
e)	Date of the transaction	2022-05-05 (UTC)
f)	Place of the transaction	London Stock Exchange, AIM (AIMX)

Award of Salary Shares

Keywords Studios, the international technical services provider to the global video games industry, today also announces that the following conditional award ("Salary Shares") was granted on 5 May 2022 under the rules of the LTIP.

The Salary Shares are subject to phased vesting, with one-third of the award vesting on the anniversary of the date of grant each year, subject to continued employment.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jon Hauck
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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 and identification code	Ordinary shares of 1 pence each in Keywords Studios PLC (ISIN: GB00BBQ38507)
b)	Nature of the transaction	Grant of nominal cost conditional award of shares under the Keywords Studios Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 0.01 2,560
d)	Aggregated information - Aggregated volume - Price	Aggregate volume of shares: 2,560 Aggregate price of shares: GBP 0.01
e)	Date of the transaction	2022-05-05 (UTC)
f)	Place of the transaction	London Stock Exchange, AIM (AIMX)

Vesting and sale of Salary Shares

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jon Hauck
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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 and identification code	Ordinary shares of 1 pence each in Keywords Studios PLC (ISIN: GB00BBQ38507)
b)	Nature of the transaction	Vesting of shares under the Keywords Studios Long Term Incentive Plan. Sale of shares to satisfy tax withholding obligations.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 0.05 543 GBP 22.78 266
d)	Aggregated information - Aggregated volume - Price	Aggregate volume of shares acquired: 543 Aggregate price of shares acquired: GBP 0.05 Aggregate volume of shares sold: 266 Aggregate price of shares sold: GBP 6,059.48
e)	Date of the transaction	2022-05-05 (UTC)
f)	Place of the transaction	London Stock Exchange, AIM (AIMX)

ENDS

 

END

 

 

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