Keywords Studios PLC - Block Admission
The Company announces that an application has been made for a block admission to trading on AIM in respect of 900,000 ordinary shares of 1p each ("New Ordinary Shares") in the share capital of the Company (the "Block Admission"). It is expected that such admission will become effective on 19th
The New Ordinary Shares will be issued from time to time pursuant to exercises of options under the Company's employee share schemes (the "Incentive Schemes"), as follows:
· 600,000 shares in respect of the Long Term Incentive Plan; and
· 300,000 shares in respect of the Share Option Plan.
When issued, the New Ordinary Shares will be credited as fully paid and will rank pari passu with the existing ordinary shares of the Company.
The Block Admission is considered adequate for anticipated exercises of options under the Incentive Schemes for the foreseeable future.
The Company's issued share capital will not change as a result of the Block Admission.
For further information, please contact:
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+353 190 22 730
Numis (Financial Adviser)
+44 20 7260 1000
+44 20 3128 8100
This information is provided by RNS, the news service of the
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