Keywords Studios PLC Issue of Shares (8399K)
07 Gennaio 2021 - 8:00AM
UK Regulatory
TIDMKWS
RNS Number : 8399K
Keywords Studios PLC
07 January 2021
7 January 2021
Keywords Studios plc ("Keywords Studios", "the Company")
Issue of Shares
Further to the announcement on 15 December 2020, Keywords
Studios, the international technical and creative services provider
to the global video games industry, today announces the issuance of
307,597 new ordinary shares to the vendors of High Voltage
Software, Inc. ("High Voltage") in respect of the initial share
consideration due within 30 days of High Voltage being acquired.
The 307,597 new ordinary shares will be subject to a one-year
lock-in period and orderly market provisions for a further period.
Subject to performance targets and other conditions being met on or
prior to 31 December 2021, further consideration of up to US$16.5m,
in a mix of cash and new ordinary shares, will become payable to
the vendors of High Voltage.
Since the acquisition, the shares to be issued relating to High
Voltage 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 307,597 new ordinary shares to trading on AIM.
Admission of the new shares is expected to take place at 8:00am on
12 January 2021. The Company's total issued share capital following
admission will consist of 74,386,840 ordinary shares of one pence
each with one voting right per share. The figure of 74,386,840 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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