Last checked at 2 May 2019 07:00
02 May 2019
Keywords Studios plc
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them
Keywords Studios plc, the international technical services provider to the global video games industry, hereby notifies the market that, on 2 May 2019, PEQ Holdings Ltd ("PEQ"), the holding company of the founders of Keywords led by Giorgio Guastalla, Non-Executive Director of Keywords, sold 500,000 shares in the Company on the London Stock Exchange at a price of 1,540 pence per share. This sale results in PEQ being interested in a total of 3,500,736 ordinary shares in the Company, representing 5.47% of the 64,023,398 ordinary shares in the Company currently in issue.
PEQ has agreed to lock-in arrangements in relation to the balance of their Ordinary Shares of 180 days (subject to certain customary exceptions*).
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Giorgio Gustalla (through PEQ Holdings Ltd) | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Non-Executive Director | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Keywords Studios PLC | |||
b)
| LEI
| 2138007VR9ZYCWS7VE12 | |||
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 | Ordinary shares of 1p each
ISIN: GB00BBQ38507 | |||
Identification code | |||||
b)
| Nature of the transaction
| Sales of Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£15.40 | 500,000 | ||||
d)
| Aggregated information | Price £15.40
Volume 500,000 | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 29 April 2019 | |||
f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
*and subject to waiver by the Company and Numis Securities Limited
-ENDS-
For further information, please contact:
Keywords Studios (www.keywordsstudios.com) Andrew Day, Chief Executive Officer David Broderick, Chief Financial Officer Giacomo Duranti, Chief Operating 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
|
020 3128 8100 keywords@mhpc.com |
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 over 50 facilities in 21 countries strategically located in Asia, the Americas and Europe, it provides integrated art creation, software engineering, testing, localisation, audio and customer care services across more than 50 languages and 16 games platforms to a blue-chip client base of approximately 850 clients across the globe.
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, Epic Games and Ubisoft. Recent titles worked on include Uncharted 4: A Thief's End, Call of Duty: WWII, Mortal Combat X, Assassin's Creed Origins, Battlefield 1, League of Legends, Fortnite, Clash Royale and Rainbow Six Siege. Keywords Studios is listed on AIM, the London Stock Exchange regulated market (KWS.L).