Keywords Studios PLC Senior Management Team Update (1859S)
15 Marzo 2021 - 08:00AM
UK Regulatory
TIDMKWS
RNS Number : 1859S
Keywords Studios PLC
15 March 2021
15 March 2021
Keywords Studios plc ("Keywords Studios", "Keywords", "the
Group")
Senior Management Team Update
The Board of Keywords Studios today announces that it has agreed
for Andrew Day, CEO, to take a temporary leave of absence from the
business for health reasons, effective immediately.
Andrew is expected to return to his position following a period
of recovery and he will remain a member of the Board of
Directors.
During the interim period, Jon Hauck and Sonia Sedler have been
appointed as joint interim CEOs by the Board and will assume
Andrew's duties, alongside their existing roles. Jon has become a
key member of the senior team driving the Group's strategic
development since he joined in 2019 as CFO and Sonia Sedler was
appointed as COO earlier in 2021 to take responsibility for the day
to day operational running of the business. Jon and Sonia will be
well supported by the Group's strong service line and regional
management team and by the wider Board.
The Company expects to release its results for the year ended 31
December 2020 as scheduled, on 24 March 2021. These results will be
in line with the trading update issued on 28 January 2021.
Ross Graham, Chairman of Keywords Studios, commented:
"The Board fully supports Andrew's request to take leave to
focus on his health and wishes him a complete recovery.
"Andrew has been a significant driver of building Keywords into
the 'go to' global video games services platform over the last
twelve years, and we look forward to welcoming him back when he has
fully recovered. However, the Board has full confidence in the
excellent leadership team that Andrew has built throughout the
business. The broader senior team are well equipped to continue to
both drive the Company's strategy forward and manage the Group's
day-to-day operations, under the direction of Jon and Sonia.
"The Group remains well placed, with a strong market position in
the buoyant video games market and a strong balance sheet, as we
continue to actively review a healthy pipeline of acquisition
opportunities."
Andrew Day, CEO of Keywords Studios, commented:
" Many thanks to the Board for granting me a leave of absence to
focus on my health. I'm proud of the business that we are building
together and of my wonderful Keywords colleagues around the world,
all of whom I'm confident will do a great job of continuing to
serve our customers and execute on the Group's strategy during my
absence ."
For further information, please contact:
Keywords Studios (www.keywordsstudios.com) +353 190 22 730
Joseph Quinn, Investor Relations Mobile: +353 86 777
8974
Numis Securities
Stuart Skinner/Kevin Cruickshank/Will
Baunton +44 20 7260 1000
MHP Communications (Financial PR) +44 20 3128 8193
Katie Hunt/James Midmer/Charles keywords@mhpc.com
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 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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END
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