1 February 2021
KEYWORDS STUDIOS PLC
("Keywords Studios" or "Company")
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 29 January 2021.
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Director |
Type of option |
Number of shares subject to option |
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Sonia Lashand Sedler, Chief Operating 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 ("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.
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Sonia Lashand Sedler |
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2
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Reason for the notification
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a)
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Position/status
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Chief Operating Officer |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Keywords Studios PLC |
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b)
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LEI
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2138007VR9ZYCWS7VE12 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of 1p each
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Identification code |
ISIN: GB00BBQ38507 |
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b)
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Nature of the transaction
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Grant of nil-cost option over 25,000 Ordinary Shares under the Company's LTIP |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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Nil Priced |
25,000 |
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d)
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Aggregated information |
N/A |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction
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29 January 2021 |
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f)
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Place of the transaction
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Outside a Trading Venue |
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For further information, please contact:
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Keywords Studios (www.keywordsstudios.com) Andrew Day, Chief Executive Officer Jon Hauck, Chief Financial Officer Joseph Quinn, Investor Relations |
+353 190 22 730 |
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Numis Securities Stuart Skinner/Kevin Cruickshank/Will Baunton |
+44 20 7260 1000 |
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MHP Communications (Financial PR) Katie Hunt/James Midmer/Charles Hirst
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+44 20 3128 8193 |
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).