Last checked at 20 May 2022 15:11
20 May 2022
Keywords Studios plc("the Company" or "Keywords Studios")
2022 Annual General Meeting
("AGM")
Results of AGM
The AGM of the Company was held today at 11:00 a.m. at the offices of MHP Communications Limited, 60 Great Portland Street, London W1W 7RT, United Kingdom.
All 17 resolutions put to members were passed on a poll. Resolutions 1 to 13 were passed as ordinary resolutions and resolutions 14 to 17 were passed as special resolutions. For full details of each resolution, please refer to the Notice of AGM, published on the Company's website at: www.keywordsstudios.com.
The number of votes lodged by proxy for and against each of the resolutions proposed and the number of votes withheld was as follows:
Resolution | Votes for | % | Votes against | % | Votes withheld |
Resolution 1 (Ordinary) To receive the audited financial statements and the reports of the Directors and Auditors for the year ended 31 December 2021 | 54,889,591 | 99.99 | 34 | 0.01 | 46,299 |
Resolution 2 (Ordinary) To receive the Remuneration Report of the Company for the year ended 31 December 2021 | 30,139,046 | 66.30 | 15,320,676 | 33.70 | 8,992,024 |
Resolution 3 (Ordinary) To declare a final dividend of 1.45 pence per share | 54,447,514 | 99.99 | 10 | 0.01 | 4,222 |
Resolution 4 (Ordinary) To elect Bertrand Bodson as a Director | 50,527,541 | 92.84 | 3,895,026 | 7.16 | 29,179 |
Resolution 5 (Ordinary) To elect Marion Sears as a Director | 52,453,724 | 96.34 | 1,991,812 | 3.66 | 6,210 |
Resolution 6 (Ordinary) To elect Neil Thompson as a Director | 52,656,388 | 96.72 | 1,787,044 | 3.28 | 8,314 |
Resolution 7 (Ordinary) To re-elect Ross Graham as a Director | 47,364,770 | 90.47 | 4,991,415 | 9.53 | 2,095,561 |
Resolution 8 (Ordinary) To re-elect Charlotta Ginman as a Director | 45,392,474 | 83.38 | 9,050,649 | 16.62 | 8,263 |
Resolution 9 (Ordinary) To re-elect Georges Fornay as a Director | 54,437,028 | 99.99 | 5,455 | 0.01 | 9,263 |
Resolution 10 (Ordinary) To re-elect Jon Hauck as a Director | 54,348,001 | 99.82 | 95,549 | 0.18 | 8,196 |
Resolution 11 (Ordinary) To appoint BDO LLP as Auditor | 54,422,498 | 99.96 | 21,283 | 0.04 | 7,965 |
Resolution 12 (Ordinary) To authorise the Directors to fix the Auditor's remuneration | 54,427,840 | 99.96 | 21,544 | 0.04 | 2,362 |
Resolution 13 (Ordinary) To authorise the Directors to allot shares generally | 50,946,271 | 93.57 | 3,500,746 | 6.43 | 4,729 |
Resolution 14 (Special) Disapplication of pre-emption rights | 54,339,664 | 99.98 | 12,426 | 0.02 | 99,656 |
Resolution 15 (Special) Further disapplication of pre-emption rights | 54,338,394 | 99.98 | 13,426 | 0.02 | 99,926 |
Resolution 16 (Special) Authority to buyback shares | 54,212,065 | 99.99 | 2,086 | 0.01 | 237,595 |
Resolution 17 (Special) To adopt the new Articles of Assocation | 54,438,872 | 99.99 | 417 | 0.01 | 12,457 |
As at 20 May 2022, there were 76,539,597 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.
In respect of the 66.3% vote for resolution 2 the Company, as part of a programme of regular engagement with major shareholders on remuneration matters, is aware of the reasons for some shareholders voting against the resolution which relate to a one-off event that took place earlier this year which was disclosed in the Company's recent Remuneration Report, but for reasons of confidentiality we were unable to provide greater detail on. The Company thanks its shareholders for their continued support for its wider Remuneration Policy, which has been enhanced in line with market practice. The Company invites major shareholders to discuss its Remuneration Report and Remuneration Policy, and all shareholders are invited to submit any comments or questions by email to investors@keywordsstudios.com. Further information on the engagement process and key outcomes will be presented in the Company's 2022 Annual Report and Accounts.
For further information, please contact:
Keywords Studios plc (www.keywordsstudios.com) Bertrand Bodson, Chief Executive Officer Jon Hauck, Chief Financial Officer | +353 190 22 730 |
Numis Securities Stuart Skinner/Kevin Cruickshank/Will Baunton |
+44 20 7260 1000 |
MHP Communications (Financial PR) Katie Hunt/Charles Hirst
|
+44 20 3128 8193 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 70 facilities in 23 countries strategically located in Asia, Australia, the Americas and Europe, it provides integrated art creation, marketing services, game development, testing, localization, audio and player support services across more than 50 languages and 16 games platforms to a blue-chip client base of over 950 clients across the globe.
Keywords Studios has a strong market position, providing services to 23 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 Anthem, 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).