RNS Number : 1042W

Keywords Studios PLC

14 August 2020

14 August 2020

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

Issue of Shares

Keywords Studios, the international technical and creative services provider to the global video games industry, today announces that 198,576 new ordinary shares have been issued to the vendors of Studio Gobo Ltd and Electric Square Ltd (together, "Gobo") in respect of the contingent deferred share consideration due on the second anniversary of Gobo being acquired. This issue of 198,576 new ordinary shares represents the final tranche of consideration payable to the vendors of Gobo.

Application has been made to the London Stock Exchange for the admission of 198,576 new ordinary shares to trading on AIM. Admission of the new shares is expected to take place at 8:00am on 19 August 2020. The Company's total issued share capital following admission will consist of 73,865,517 ordinary shares of one pence each with one voting right per share. The above figure of 73,865,517 may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a c hange to their interest in, the Company following admission.

For further information, please contact:

  Keywords Studios (www.keywordsstudios.com) 
   Andrew Day, Chief Executive Officer 
   Jon Hauck, Chief Financial Officer 
   Joseph Quinn, Investor Relations                 +353 190 22 730 
   Numis Securities 
   Stuart Skinner/Kevin Cruickshank/Will 
   Baunton                                         +44 20 7260 1000 
   MHP Communications (Financial PR)               +44 20 3128 8356 
   James Midmer/Isabella Grace                    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 60 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: Black Ops 4, Mortal Combat X, Assassin's Creed Odyssey, Borderlands 3, League of Legends, Fortnite, Clash Royale and Rainbow Six Siege. Keywords Studios is listed on AIM, the London Stock Exchange regulated market (KWS.L).

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(END) Dow Jones Newswires

August 14, 2020 06:00 ET (10:00 GMT)