Last checked at 29 Apr 2024 14:37
29 April 2024
Keywords Studios plc("Keywords Studios", "the Company")
Block Admission
The Company announces that an application has been made for a block admission to trading on AIM in respect of 200,000 ordinary shares of 1p each ("New Ordinary Shares") in the share capital of the Company (the "Block Admission"). It is expected that the Block Admission will become effective on 3 May 2024.
The New Ordinary Shares will be issued from time to time pursuant to the Company's Long-Term Incentive Plan.
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 is considered adequate for anticipated exercises of options under the Incentive Schemes for the foreseeable future.
As at 29 April 2024, the Company's issued share capital consisted of 79,528,370 ordinary shares of 1p each with voting rights. The Company's issued share capital will not change as a result of the Block Admission. The Company does not hold any ordinary shares in Treasury.
There are 594,395 Ordinary Shares in the Company's Employee Benefit Trust ("EBT"), and the EBT has waived its right to exercise its voting rights and to receive dividends in respect of these Ordinary Shares.
Therefore, the number of Ordinary Shares with voting rights is 78,933,975. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Financial Conduct Authority's DTR.
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About Keywords Studios (www.keywordsstudios.com)
Keywords Studios is an international provider of creative and technology-enabled solutions to the global video games and entertainment industries. Established in 1998, and now with over 70 facilities in 26 countries strategically located in Asia, Australia, the Americas, and Europe, it provides services across the entire content development life cycle through its Create, Globalize and Engage service lines to a large blue-chip client base across the globe.
Keywords Studios has a strong market position, providing services to 24 of the top 25 most prominent games companies. Across the games and entertainment industry, clients include Activision Blizzard, Bandai Namco, Bethesda, Electronic Arts, Epic Games, Konami, Microsoft, Netflix, Riot Games, Square Enix, Supercell, TakeTwo, Tencent and Ubisoft. Recent titles worked on include Elden Ring, Star Wars Jedi: Fallen Order, Valorant, League of Legends, Fortnite, Clash Royale and Doom Eternal. Keywords Studios is listed on AIM, the London Stock Exchange regulated market (KWS.L).