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RNS Number : 4418N

Keywords Studios PLC

01 February 2021

1 February 2021

KEYWORDS STUDIOS PLC

("Keywords Studios" or "Company")

EXECUTIVE LTIP - PDMR DEALINGS

Keywords Studios, the international technical services provider to the global video games industry, today announces that, under the terms of the Company's long term incentive plan ("LTIP"), the following awards were granted on 29 January 2021.

 
 Director                                 Type of     Number of shares 
                                           option      subject to option 
 Sonia Lashand Sedler, Chief Operating    Nil-cost 
  Officer                                  option     25,000 
                                         ----------  ------------------- 
 

Vesting of the above LTIPs are subject to the achievement of performance conditions based on the Company's Total Shareholder Return ("TSR") versus the FTSE Small Cap Index ("Index") over the 3 year performance period. Threshold vesting (10% 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.

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                                    Sonia Lashand Sedler 
      -------------------------------------  ------------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                        Chief Operating Officer 
      -------------------------------------  ------------------------------------------- 
 b)    Initial notification                   Initial Notification 
        /Amendment 
      -------------------------------------  ------------------------------------------- 
 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                     Ordinary shares of 1p each 
        financial instrument, 
        type of instrument 
 
       Identification code                    ISIN: GB00BBQ38507 
 
 b)    Nature of the transaction              Grant of nil-cost option over 25,000 
                                               Ordinary Shares under the Company's 
                                               LTIP 
      -------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                              ----------------------  ---------------- 
                                               Price(s)                Volume(s) 
                                              ----------------------  ---------------- 
    Nil Priced                                                         25,000 
   -----------------------------------------------------------------  ---------------- 
 
 d)    Aggregated information 
                                                N/A 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                29 January 2021 
      -------------------------------------  ------------------------------------------- 
 f)    Place of the transaction               Outside a Trading Venue 
      -------------------------------------  ------------------------------------------- 
 

For further information, please contact:

 
  Keywords Studios (www.keywordsstudios.com) 
   Andrew Day, Chief Executive Officer 
   Jon Hauck, Chief Financial Officer           +353 190 
   Joseph Quinn, Investor Relations              22 730 
 
   Numis Securities 
   Stuart Skinner/Kevin Cruickshank/Will                     +44 20 
   Baunton                                                7260 1000 
 
   MHP Communications (Financial PR)                         +44 20 
   Katie Hunt/James Midmer/Charles Hirst                  3128 8193 
                                                  keywords@mhpc.com 
 

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 21 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: Modern Warfare, Anthem, Star Wars Jedi: Fallen Order, Assassin's Creed Odyssey, 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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February 01, 2021 02:00 ET (07:00 GMT)