Keywords Studios PLC Director/PDMR Shareholding (8240X)

TIDMKWS

RNS Number : 8240X

Keywords Studios PLC

02 May 2019

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                     Initial Notification 
        /Amendment 
      ---------------------------------------  ----------------------------------------------- 
 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                       Ordinary shares of 1p each 
        financial instrument, 
        type of instrument                       ISIN: GB00BBQ38507 
 
       Identification code 
 
 b)    Nature of the transaction                Sales of Shares 
      ---------------------------------------  ----------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                ---------------------  --------------------- 
                                                 Price(s)               Volume(s) 
                                                ---------------------  --------------------- 
    GBP15.40                                                            500,000 
   ------------------------------------------------------------------  --------------------- 
 
 d)    Aggregated information                   Price GBP15.40 
 
                                                 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        [phone] 
 
  Numis (Financial Adviser) 
  Stuart Skinner / Kevin Cruickshank 
  (Nominated Adviser) 
  James Black / Tom Ballard (Corporate 
  Broker)                                          020 7260 1000 
 
  MHP Communications (Financial PR)                020 3128 8100 
  Katie Hunt / Ollie Hoare                     [e-mail] 
 

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).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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May 02, 2019 02:00 ET (06:00 GMT)