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Keywords Studios PLC - Executive LTIP - PDMR Dealings

RNS Number : 6887L
Keywords Studios PLC
01 May 2020
 

01 May 2020

 

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 1 May, 2020.

 

Director

Type of option

Number of shares subject to option

Andrew Day, Chief Executive Officer

Nil-cost option

50,000

Jon Hauck, Chief Financial Officer

Nil-cost 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 /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

 

 

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

 

 

1 May, 2020

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.

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 Jon Hauck

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Financial Officer

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

 

 

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

 

 

1 May, 2020

f)

 

Place of the transaction

 

 

Outside a Trading Venue

 

 

 

For further information, please contact:

 

Keywords Studios (www.keywordsstudios.com)

Andrew Day, Chief Executive Officer

Jon Hauck, Chief Financial Officer

Joseph Quinn, Investor Relations

+353 190 22 730

 

Numis (Financial Adviser)

Stuart Skinner/Kevin Cruickshank (Nominated Adviser)

James Black/Will Baunton (Corporate Broker)

 

020 7260 1000

 

MHP Communications (Financial PR)

Katie Hunt/James Midmer/Charles Hirst

 

 

020 3128 8100

[email protected]

 

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 59 facilities in 21 countries strategically located in Asia, the Americas and Europe, it provides integrated art creation, marketing services, software engineering, testing, localization, audio and customer care 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, including Activision Blizzard, Bandai Namco, Bethesda, Electronic Arts, Konami, Microsoft, Riot Games, Square Enix, Supercell, TakeTwo, Epic Games and Ubisoft. Recent titles worked on include Call of Duty: Black Ops 4, Mortal Combat X, Assassin's Creed Odyssey, Borderlands 3, 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 [email protected] or visit www.rns.com.
 
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Quick facts: Keywords Studios PLC

Price: 1881

Market: AIM
Market Cap: £1.38 billion
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