6 May 2022
Keywords Studios plc ("Keywords Studios", "the Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Conditional Award of Shares
Keywords Studios, the international technical services provider to the global video games industry, today announces that, under the terms of the Keywords Studios Long Term Incentive Plan ("LTIP"), conditional awards of shares were granted on 5 May 2022 to the below participants.
The LTIPs will normally vest on 5 May 2025. Vesting of the LTIPs are conditional on continued employment and the achievement of performance conditions approved by the Remuneration Committee, based on the Company's Total Shareholder Return ("TSR") versus the FTSE 250 Index (excluding investment trusts) (the "Index") over the 3-year performance period. Threshold vesting (25% 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.
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1 |
Details of the person discharging managerial responsibilities/person closely associated
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a) |
Name |
Bertrand Bodson
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2 |
Reason for the notification
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a) |
Position/status |
Chief Executive Officer
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b) |
Initial Notification/ Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Keywords Studios PLC
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b) |
LEI |
2138007VR9ZYCWS7VE12
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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 |
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a) |
Description of the financial instrument, type of instrument and identification code |
Ordinary shares of 1 pence each in Keywords Studios PLC (ISIN: GB00BBQ38507) |
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b) |
Nature of the transaction |
Grant of nominal cost conditional award of shares under the Keywords Studios Long Term Incentive Plan, based on Group performance.
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c) |
Price(s) and volume(s)
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d) |
Aggregated information - Aggregated volume - Price |
Aggregate volume of shares: 70,392 Aggregate price of shares: GBP 0.01
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e) |
Date of the transaction |
2022-05-05 (UTC)
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f) |
Place of the transaction |
London Stock Exchange, AIM (AIMX)
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1 |
Details of the person discharging managerial responsibilities/person closely associated
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a) |
Name |
Jon Hauck
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2 |
Reason for the notification
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a) |
Position/status |
Chief Financial Officer
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b) |
Initial Notification/ Amendment |
Initial notification
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Keywords Studios PLC
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b) |
LEI |
2138007VR9ZYCWS7VE12
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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 |
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|
a) |
Description of the financial instrument, type of instrument and identification code |
Ordinary shares of 1 pence each in Keywords Studios PLC (ISIN: GB00BBQ38507) |
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b) |
Nature of the transaction |
Grant of nominal cost conditional award of shares under the Keywords Studios Long Term Incentive Plan, based on Group performance.
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c) |
Price(s) and volume(s)
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d) |
Aggregated information - Aggregated volume - Price |
Aggregate volume of shares: 35,586 Aggregate price of shares: GBP 0.01
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e) |
Date of the transaction |
2022-05-05 (UTC)
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f) |
Place of the transaction |
London Stock Exchange, AIM (AIMX)
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Award of Salary Shares
Keywords Studios, the international technical services provider to the global video games industry, today also announces that the following conditional award ("Salary Shares") was granted on 5 May 2022 under the rules of the LTIP.
The Salary Shares are subject to phased vesting, with one-third of the award vesting on the anniversary of the date of grant each year, subject to continued employment.
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1 |
Details of the person discharging managerial responsibilities/person closely associated
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a) |
Name |
Jon Hauck
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2 |
Reason for the notification
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a) |
Position/status |
Chief Financial Officer
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b) |
Initial Notification/ Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Keywords Studios PLC
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b) |
LEI |
2138007VR9ZYCWS7VE12
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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 and identification code |
Ordinary shares of 1 pence each in Keywords Studios PLC (ISIN: GB00BBQ38507) |
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|
b) |
Nature of the transaction |
Grant of nominal cost conditional award of shares under the Keywords Studios Long Term Incentive Plan.
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c) |
Price(s) and volume(s)
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d) |
Aggregated information - Aggregated volume - Price |
Aggregate volume of shares: 2,560 Aggregate price of shares: GBP 0.01
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e) |
Date of the transaction |
2022-05-05 (UTC)
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f) |
Place of the transaction |
London Stock Exchange, AIM (AIMX)
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Vesting and sale of Salary Shares
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1 |
Details of the person discharging managerial responsibilities/person closely associated
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a) |
Name |
Jon Hauck
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2 |
Reason for the notification
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a) |
Position/status |
Chief Financial Officer
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b) |
Initial Notification/ Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Keywords Studios PLC
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b) |
LEI |
2138007VR9ZYCWS7VE12
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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 and identification code |
Ordinary shares of 1 pence each in Keywords Studios PLC (ISIN: GB00BBQ38507) |
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b) |
Nature of the transaction |
Vesting of shares under the Keywords Studios Long Term Incentive Plan.
Sale of shares to satisfy tax withholding obligations.
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c) |
Price(s) and volume(s)
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d) |
Aggregated information - Aggregated volume - Price |
Aggregate volume of shares acquired: 543 Aggregate price of shares acquired: GBP 0.05
Aggregate volume of shares sold: 266 Aggregate price of shares sold: GBP 6,059.48
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e) |
Date of the transaction |
2022-05-05 (UTC)
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f) |
Place of the transaction |
London Stock Exchange, AIM (AIMX)
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ENDS