FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1. KEY INFORMATION

(a) Full name of discloser:	Maven Investment Partners Limited
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	KEYWORDS STUDIOS PLC
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	N/A
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	2024-05-21
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A"	N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	1p ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	800,678	1.01	0	0.00
(2) Cash-settled derivatives:	1,115	0.00	0	0.00
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	801,793	1.01	0	0.00

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors' and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit ^GBX
1p ordinary	Purchase	55,388	2302.00
1p ordinary	Purchase	1,504	2323.00
1p ordinary	Purchase	11,317	2328.00
1p ordinary	Purchase	11,463	2330.00
1p ordinary	Purchase	5,198	2326.00
1p ordinary	Purchase	1,927	2329.00
1p ordinary	Purchase	2,302	2334.00
1p ordinary	Purchase	11,604	2324.00
1p ordinary	Purchase	12,339	2332.00
1p ordinary	Purchase	3,475	2331.00
1p ordinary	Purchase	592	2335.00
1p ordinary	Purchase	1,867	2336.00
1p ordinary	Purchase	1,089	2333.00
1p ordinary	Purchase	15,362	2322.00
1p ordinary	Purchase	4,189	2325.00
1p ordinary	Purchase	1,634	2327.00
1p ordinary	Purchase	4,097	2320.00
1p ordinary	Purchase	13,504	2318.00
1p ordinary	Purchase	4,255	2314.00
1p ordinary	Purchase	2,539	2321.00
1p ordinary	Purchase	51	2319.00
1p ordinary	Purchase	17,005	2316.00
1p ordinary	Purchase	8,834	2312.00
1p ordinary	Purchase	63	2313.00
1p ordinary	Purchase	14,256	2317.00
1p ordinary	Purchase	145	2310.00
1p ordinary	Purchase	722	2315.00
1p ordinary	Purchase	1,472	2311.00
1p ordinary	Purchase	10,559	2304.00
1p ordinary	Purchase	9,125	2306.00
1p ordinary	Purchase	478	2305.00
1p ordinary	Purchase	1,364	2303.00
1p ordinary	Purchase	18,895	2301.00
1p ordinary	Purchase	30,000	2294.00
1p ordinary	Purchase	4,923	2295.00
1p ordinary	Purchase	4,463	2296.00
1p ordinary	Purchase	470	2285.00
1p ordinary	Purchase	11,384	2288.00
1p ordinary	Purchase	63	2287.00
1p ordinary	Purchase	638	2289.00
1p ordinary	Purchase	5,472	2290.00
1p ordinary	Purchase	1,960	2292.00
1p ordinary	Purchase	13	2291.00
1p ordinary	Purchase	1,696	2275.00
1p ordinary	Purchase	304	2276.00
1p ordinary	Purchase	1,634	2268.00
1p ordinary	Purchase	101	2260.00
1p ordinary	Purchase	265	2262.00
1p ordinary	Purchase	2,000	2266.00
1p ordinary	Purchase	184	2248.00
1p ordinary	Purchase	82	2253.00
1p ordinary	Purchase	14,135	2256.00
1p ordinary	Purchase	1,072	2254.00
1p ordinary	Purchase	707	2255.00
1p ordinary	Purchase	1,004	2258.00
1p ordinary	Purchase	10,000	2240.00

(b) Cash-settled derivative transactions

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

^GBX

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure:	2024-05-22
Contact name:	Maria Ajijo
Telephone number*:	+44 20 3198 4487

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

Date of disclosure:

Contact name:

Telephone number*: