RNS Number : 2843Y
Keywords Studios PLC
08 May 2019
 

08 May 2019

 

Keywords Studios plc

 

Executive LTIP - PDMR Dealings

 

Keywords Studios, the international technical services provider to the global video games industry, today announces that, under the terms of the Company's long term incentive plan ("LTIP"), the following awards were granted on 3 May, 2019.

 

Director

Type of option

Number of shares subject to option

Andrew Day, Chief Executive Officer

Nil-cost option

50,000

David Broderick, Chief Financial Officer

Nil-cost option

25,000

 

Vesting of the above LTIPs are subject to the achievement of performance conditions based on the Company's Total Shareholder Return ("TSR") versus the FTSE Small Cap Index over the 3 year performance period. Threshold vesting (10% of the award) will vest for TSR in line with the Index and full vesting will be earned for exceeding the Index TSR by 20% over the performance period.

 

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

 

 

Grant of nil-cost option over 50,000 Ordinary Shares under the Company's LTIP

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)

 



Nil Priced

50,000

 






d)

 

Aggregated information

 

 N/A



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

3 May, 2019

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

 

 

 David Broderick

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Financial 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

 

 

Grant of nil-cost option over 25,000 Ordinary Shares under the Company's LTIP

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)

 



Nil Priced

25,000

 






d)

 

Aggregated information

 

N/A



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

3 May, 2019

f)

 

Place of the transaction

 

 

Outside a Trading Venue

 

For further information, please contact: 

 

Keywords Studios (www.keywordsstudios.com) 

Andrew Day, Chief Executive Officer 

David Broderick, Chief Financial Officer 

 

+353 190 22 730 

 

Numis (Financial Adviser) 

Stuart Skinner / Kevin Cruickshank (Nominated Adviser) 

James Black / Tom Ballard (Corporate Broker)  

 

020 7260 1000 

 

MHP Communications (Financial PR) 

Katie Hunt / Ollie Hoare 

 

 

020 3128 8100 

keywords@mhpc.com 

 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 50 facilities in 21 countries strategically located in Asia, the Americas and Europe, it provides integrated art creation, software engineering, testing, localisation, audio and customer care services across more than 50 languages and 16 games platforms to a blue-chip client base of approximately 850 clients across the globe. 

 

It 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, Riot Games, Sony, Square Enix, Supercell, TakeTwo, Epic Games and Ubisoft. Recent titles worked on include Uncharted 4: A Thief's End, Call of Duty: WWII, Mortal Combat X, Assassin's Creed Origins, Battlefield 1, League of Legends, Fortnite, Clash Royale and Rainbow Six Siege. Keywords Studios is listed on AIM, the London Stock Exchange regulated market (KWS.L).


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