Form 8.3 - Keywords Studios plc

BNP Paribas London

17 June 2024

 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)  Full name of discloser:	BNP Paribas SA
(b)  Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c)  Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree	Keywords Studios plc
(d)  If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e)  Date position held/dealing undertaken:        For an opening position disclosure, state the latest practicable date prior to the disclosure	14/06/2024
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?        If it is a cash offer or possible cash offer, state "N/A"	No:

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:

GB00BBQ38507 (1p ordinary)

Interests

Short Positions

	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	1,958,004	2.45	-566,381	-.71
(2) Cash-settled derivatives:	146,091	.18	-1,268,523	-1.59
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0		0
TOTAL:	2,104,095	2.64	-1,834,904	-2.30

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)

Rights to subscribe for new securities (including directors'' and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)

Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit
GB00BBQ38507	Purchase	20834	GBP 21.6000
GB00BBQ38507	Purchase	597	GBP 21.6400
GB00BBQ38507	Purchase	4	GBP 21.6800
GB00BBQ38507	Purchase	50000	GBP 21.8000
GB00BBQ38507	Purchase	383	GBP 21.9000
GB00BBQ38507	Purchase	1048	GBP 21.9200
GB00BBQ38507	Purchase	678	GBP 21.9300
GB00BBQ38507	Purchase	40	GBP 21.9400
GB00BBQ38507	Purchase	2	GBP 21.9700
GB00BBQ38507	Purchase	1190	GBP 21.9800
GB00BBQ38507	Purchase	1150	GBP 21.9900
GB00BBQ38507	Purchase	10492	GBP 22.0000
GB00BBQ38507	Purchase	1142	GBP 22.0100
GB00BBQ38507	Purchase	217265	GBP 22.0200
GB00BBQ38507	Purchase	27009	GBP 22.0400
GB00BBQ38507	Purchase	593	GBP 22.0500
GB00BBQ38507	Purchase	91304	GBP 22.0521
GB00BBQ38507	Purchase	655	GBP 22.0600
GB00BBQ38507	Purchase	104597	GBP 22.0700
GB00BBQ38507	Purchase	96576	GBP 22.0800
GB00BBQ38507	Purchase	3398	GBP 22.1000
GB00BBQ38507	Purchase	235000	GBP 22.1711
GB00BBQ38507	Purchase	3444	GBP 22.2600
GB00BBQ38507	Purchase	11497	GBP 22.2800
GB00BBQ38507	Purchase	2606	GBP 22.2900
GB00BBQ38507	Purchase	638	GBP 22.3000
GB00BBQ38507	Purchase	18	GBP 22.3400
GB00BBQ38507	Purchase	5729	GBP 22.3600
GB00BBQ38507	Purchase	914	GBP 22.3799
GB00BBQ38507	Purchase	93	GBP 22.3800
GB00BBQ38507	Purchase	26610	GBP 22.4000
GB00BBQ38507	Purchase	2482	GBP 22.4200
GB00BBQ38507	Purchase	4948	GBP 22.4400
GB00BBQ38507	Purchase	60784	GBP 22.4600
GB00BBQ38507	Purchase	610	GBP 22.4700
GB00BBQ38507	Purchase	16752	GBP 22.4800
GB00BBQ38507	Purchase	507	GBP 22.5696
GB00BBQ38507	Purchase	4921	GBP 22.6200
GB00BBQ38507	Purchase	43250	GBP 22.6200
GB00BBQ38507	Sale	-1250	GBP 21.6000
GB00BBQ38507	Sale	-89	GBP 21.6200
GB00BBQ38507	Sale	-850	GBP 21.6800
GB00BBQ38507	Sale	-295	GBP 21.7200
GB00BBQ38507	Sale	-40125	GBP 21.8000
GB00BBQ38507	Sale	-50000	GBP 21.9200
GB00BBQ38507	Sale	-50000	GBP 22.0200
GB00BBQ38507	Sale	-48000	GBP 22.0263
GB00BBQ38507	Sale	-9	GBP 22.0400
GB00BBQ38507	Sale	-164	GBP 22.0600
GB00BBQ38507	Sale	-152	GBP 22.1200
GB00BBQ38507	Sale	-27000	GBP 22.1243
GB00BBQ38507	Sale	-40000	GBP 22.1243
GB00BBQ38507	Sale	-60000	GBP 22.1243
GB00BBQ38507	Sale	-200000	GBP 22.1243
GB00BBQ38507	Sale	-73000	GBP 22.1243
GB00BBQ38507	Sale	-100000	GBP 22.1243
GB00BBQ38507	Sale	-60000	GBP 22.1243
GB00BBQ38507	Sale	-100000	GBP 22.1243
GB00BBQ38507	Sale	-10268	GBP 22.1243
GB00BBQ38507	Sale	-60000	GBP 22.1243
GB00BBQ38507	Sale	-33197	GBP 22.1243
GB00BBQ38507	Sale	-75000	GBP 22.4190
GB00BBQ38507	Sale	-155	GBP 22.4200
GB00BBQ38507	Sale	-142	GBP 22.4400
GB00BBQ38507	Sale	-172	GBP 22.5000
GB00BBQ38507	Sale	-277	GBP 22.6039
GB00BBQ38507	Sale	-643	GBP 22.6200

(b)

Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position increasing/reducing a long/short position	Number of references securities	Price per unit
GB00BBQ38507	Contract for Difference	Increasing Short Position	-51,600	22.6200 GBP
GB00BBQ38507	Contract for Difference	Increasing Short Position	-5,400	22.6200 GBP
GB00BBQ38507	Contract for Difference	Increasing Short Position	-7,052	22.6200 GBP
GB00BBQ38507	Contract for Difference	Reducing Long Position	-4,921	22.6200 GBP
GB00BBQ38507	Contract for Difference	Reducing Long Position	-283	22.6200 GBP
GB00BBQ38507	Contract for Difference	Reducing Short Position	277	22.6200 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American European etc.	Expiry date	Option money paid/ received per unit

(ii)

Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)

4.

Other Information

(a)

Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

(b)

Indemnity and other dealing arrangements

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i)   the voting rights of any relevant securities under any option; or (ii)  the voting rights or future acquisition or disposal of any relevant securities to which       any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

(c)

Attachments

Is a supplemental Form 8 (Open Positions) attached?

No

Date of Disclosure:	17/06/2024
Contact Name	Compliance Control Room
Telephone Number:	0207 595 9695

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk

 

END