Last checked at 31 Aug 2017 07:00
31 August 2017
Keywords Studios plc ("Keywords", "the Group", "the Company")
Block Admission
The Company announces that an application has been made for a block admission to trading on AIM in respect of 1,112,561 ordinary shares of 1p each ("New Ordinary Shares") in the share capital of the Company (the "Block Admission"). It is expected that such admission will become effective on 1st September 2017. The New Ordinary Shares will be issued from time to time pursuant to exercises of options under the Company's employee share incentive and option plans, namely the 2013 Plans (732,561 shares), the 2014 Plan (50,000 shares) and 2015 Plan (330,000 shares) ("Incentive Schemes"). When issued, the New Ordinary Shares will be credited as fully paid and will rank pari passu with the existing ordinary shares of the Company.
The Block Admission represents the Company's first block admission and is considered adequate for anticipated exercises of options under the Incentive Schemes for the foreseeable future.
The Company's issued share capital will not change as a result of the Block Admission. The Company expects to publish its first six monthly Block Admission update on or around March 2018.
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 / Nessyah Hart |
020 3128 8100 |
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 facilities in Dublin, Rio de Janeiro, Montreal, Quebec City, Portland, Orlando, Raleigh, Mexico City, Los Angeles, Seattle, Tokyo, Singapore, New Delhi, Pune, Rome, Milan, Barcelona, Madrid, Taipei, Shanghai, Beijing, Zhengzhou, Chengdu, Dalian, Manila, Yogyakarta, Hamburg, Paris and London, it provides integrated art creation, software engineering, testing, localisation, audio and customer care services across 50 languages and 14 games platforms to a blue-chip client base in more than 15 countries. 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, and Ubisoft. Recent titles worked on include Uncharted 4: A Thief's End, Call of Duty: Infinite Warfare, Mortal Combat X, Assassin's Creed Syndicate, Battlefield 1, Overwatch, World of Warcraft: Legion, Hearthstone, Clash Royale, and Mobile Strike. Keywords Studios is listed on AIM, the London Stock Exchange regulated market (KWS.L).