11 May 2023
Keywords Studios plc ("Keywords Studios", "the Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Keywords Studios, the international technical services provider to the global video games industry, today announces that the following conditional award ("Salary Shares") automatically vested on 5 May 2023 under the rules of the Company's LTIP. The Salary Shares were subsequently sold, including in order to satisfy tax and National Insurance liabilities arising as a result of the vesting.
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. No other performance conditions apply.
Vesting 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 |
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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 |
Vesting of 1,396 Salary Shares awarded in 2020 and 2021 to supplement base salary.
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c) |
Price(s) and volume(s)
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d) |
Aggregated information - Aggregated volume - Price |
Aggregate volume of shares: 1,396 Aggregate price of shares: GBP nil |
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e) |
Date of the transaction |
2023-05-05 (UTC)
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f) |
Place of the transaction |
London Stock Exchange, AIM (AIMX)
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Acquisition 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 |
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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 |
Acquisition and sale of 1,396 Salary Shares awarded in 2020 and 2021 to supplement base salary.
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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: 1,396 Aggregate price of shares acquired: GBP 13.96
Aggregate volume of shares sold: 1,396 Aggregate price of shares sold: GBP 31,137.42
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e) |
Date of the transaction |
2023-05-09 (UTC)
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f) |
Place of the transaction |
London Stock Exchange, AIM (AIMX)
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ENDS