Keywords Studios PLC Issue of Shares (7622I)
16 Dicembre 2020 - 08:00AM
UK Regulatory
TIDMKWS
RNS Number : 7622I
Keywords Studios PLC
16 December 2020
16 December 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 the issuance of 26,085 new ordinary shares to a vendor of
Xcelerator Machine Translations Limited ("Xcelerator") in respect
of the deferred share consideration due on the anniversary of
Xcelerator being acquired. Keywords Studios is due to issue a
further 12,614 new ordinary shares to the vendor in six months'
time and the remaining consideration of up to EUR2.9m will become
payable, in a mix of cash and shares, based upon performance
targets for 2020, 2021 and 2022.
Since the acquisition, the shares to be issued relating to
Xcelerator have been fully represented in the reported earnings per
share numbers through the basic and diluted weighted average
denominators used.
Application has been made to the London Stock Exchange for the
admission of 26,085 new ordinary shares to trading on AIM.
Admission of the new shares is expected to take place at 8:00am on
21 December 2020. The Company's total issued share capital
following admission will consist of 74,059,678 ordinary shares of
one pence each with one voting right per share. The figure of
74,059,678 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 change 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 +44 20 3128 8193
PR) keywords@mhpc.com
Katie Hunt/James Midmer/Charles
Hirst
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 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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END
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