4 June 2019
Keywords Studios plc ("Keywords", "the Group")
Issue of Shares
Keywords Studios, the international technical services provider to the global video games industry, announces that 160,297 new ordinary shares have been issued to the vendors of Red Hot CG ("Red Hot") in respect of the non-contingent deferred share consideration due on the second anniversary of Red Hot being acquired. Since acquisition the shares to be issued relating to Red Hot have been fully represented in the reported earnings per share numbers through the basic and diluted weighted average denominators used.
Application has been made to the London Stock Exchange for the admission of 160,297 new ordinary shares to trading on AIM. Admission of the new shares is expected to take place at 8:00am on 6 June 2019. The Company's total issued share capital following admission will consist of 64,550,448 ordinary shares of one pence each with one voting right per share. The above figure of 64,550,448 may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company following admission.
For further information, please contact:
Keywords Studios (www.keywordsstudios.com)
Andrew Day, Chief Executive Officer
David Broderick, Chief Financial 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 8771
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).
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