Keywords Studios PLC Director/PDMR Shareholding (2843Y)

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RNS Number : 2843Y

Keywords Studios PLC

08 May 2019

08 May 2019

Keywords Studios plc

Executive LTIP - PDMR Dealings

Keywords Studios, the international technical services provider to the global video games industry, today announces that, under the terms of the Company's long term incentive plan ("LTIP"), the following awards were granted on 3 May, 2019.

 
 Director                                   Type of     Number of shares 
                                             option      subject to option 
                                            Nil-cost 
Andrew Day, Chief Executive Officer          option     50,000 
                                           ----------  ------------------- 
                                            Nil-cost 
David Broderick, Chief Financial Officer     option     25,000 
                                           ----------  ------------------- 
 

Vesting of the above LTIPs are subject to the achievement of performance conditions based on the Company's Total Shareholder Return ("TSR") versus the FTSE Small Cap Index over the 3 year performance period. Threshold vesting (10% of the award) will vest for TSR in line with the Index and full vesting will be earned for exceeding the Index TSR by 20% over the performance period.

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                                    Andrew Day 
      -------------------------------------  ------------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                        Chief Executive Officer 
      -------------------------------------  ------------------------------------------- 
 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              Grant of nil-cost option over 50,000 
                                               Ordinary Shares under the Company's 
                                               LTIP 
      -------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                              ----------------------  ---------------- 
                                               Price(s)                Volume(s) 
                                              ----------------------  ---------------- 
    Nil Priced                                                         50,000 
   -----------------------------------------------------------------  ---------------- 
 
 d)    Aggregated information 
                                                N/A 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                3 May, 2019 
      -------------------------------------  ------------------------------------------- 
 f)    Place of the transaction               Outside a Trading Venue 
      -------------------------------------  ------------------------------------------- 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
        Details of the person discharging managerial responsibilities 
   1     / person closely associated 
 a)     Name                                    David Broderick 
       -------------------------------------  ------------------------------------------- 
 2      Reason for the notification 
       ---------------------------------------------------------------------------------- 
 a)     Position/status                        Chief Financial Officer 
       -------------------------------------  ------------------------------------------- 
 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              Grant of nil-cost option over 25,000 
                                                Ordinary Shares under the Company's 
                                                LTIP 
       -------------------------------------  ------------------------------------------- 
 c)     Price(s) and volume(s) 
                                               ----------------------  ---------------- 
                                                Price(s)                Volume(s) 
                                               ----------------------  ---------------- 
    Nil Priced                                                          25,000 
   ------------------------------------------------------------------  ---------------- 
 
 d)     Aggregated information 
                                                 N/A 
 
  - Aggregated volume 
 
  - Price 
 
 e)     Date of the transaction                3 May, 2019 
       -------------------------------------  ------------------------------------------- 
 f)     Place of the transaction               Outside a Trading Venue 
       -------------------------------------  ------------------------------------------- 
 

For further information, please contact:

 
Keywords Studios (www.keywordsstudios.com) 
 Andrew Day, Chief Executive Officer 
 David Broderick, Chief Financial 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 08, 2019 02:00 ET (06:00 GMT)