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Keywords Studios PLC - Exercise of options and Director/PDMR shareholding

RNS Number : 8807O
Keywords Studios PLC
04 June 2020
 

4 June 2020

 

Keywords Studios plc

  

Exercise of options and Director/PDMR shareholding

 

Keywords Studios, the international technical services provider to the global video games industry, today announces the exercise of options due to expire over a total of 150,095 ordinary shares of 1 pence each in the Company by Andrew Day and sale of Ordinary Shares, as detailed further below.

Andrew Day, Chief Executive Officer, yesterday exercised 150,095 options over Ordinary Shares dating from the time of the Company's IPO in 2013. Of these 150,095 options, 86,593 were awards granted on 8 July 2013 under the terms of the Company's long term incentive plan ("LTIP") and were due to expire on 8 July 2020 and 63,502 were awards granted on 12 July 2013 under the terms of the Company's EMI stock option plan ("SOP") and were due to expire on 12 July 2020. Mr Day has sold the shares issued to him pursuant to these LTIP and SOP option exercises at a price of 1,770p per Ordinary Share, in part to cover personal income tax and other liabilities arising from the exercise of the options. As a result, Mr Day's interest in the Company's share capital remains unchanged at 3,296,573 Ordinary Shares, equivalent to 4.5 per cent. of the Company's issued share capital. Following this exercise of options, Mr Day has 297,000 unexercised options over the Company's Ordinary Shares.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 Andrew Day

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Keywords Studios PLC

b)

 

LEI

 

 

2138007VR9ZYCWS7VE12

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

Ordinary shares of 1p each

 

ISIN: GB00BBQ38507

 

 

Identification code

 

 

 

b)

 

Nature of the transaction

 

 

Exercise of options over 150,095 Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

Nil Priced

150,095

 

 

 

 

 

 

d)

 

Aggregated information

 

 N/A

 

 

- Aggregated volume

 

 

 

- Price

 

 

 

e)

 

Date of the transaction

 

 

3 June 2020

f)

 

Place of the transaction

 

 

Outside a Trading Venue

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 Andrew Day

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Keywords Studios PLC

b)

 

LEI

 

 

2138007VR9ZYCWS7VE12

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

Ordinary shares of 1p each

 

ISIN: GB00BBQ38507

 

 

Identification code

 

 

 

b)

 

Nature of the transaction

 

 

Sale of shares following exercise of options

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

£17.70

150,095

 

 

 

 

 

 

d)

 

Aggregated information

N/A

 

 

- Aggregated volume

 

 

 

- Price

 

 

 

e)

 

Date of the transaction

 

 

3 June, 2020

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

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 (Financial Adviser)

Stuart Skinner/Kevin Cruickshank (Nominated Adviser)

James Black/Will Baunton (Corporate Broker)

 

020 7260 1000

 

MHP Communications (Financial PR)

Katie Hunt/James Midmer/Charles Hirst

 

 

020 3128 8100

[email protected]

 

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 59 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).

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Keywords Studios PLC

Price: 2214

Market: AIM
Market Cap: £1.63 billion
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