Keywords Studios PLC Issue of Shares (3739C)
September 28 2018 - 7:30AM
UK Regulatory
TIDMKWS
RNS Number : 3739C
Keywords Studios PLC
28 September 2018
28 September 2018
Keywords Studios plc ("Keywords", "the Group")
Issue of Shares
Keywords Studios, the international technical services provider
to the global video games industry, announces that 66,262 new
ordinary shares have been issued to the vendors of the Paris based
audio and localisation businesses in respect of the non-contingent
deferred share consideration due on the first anniversary of the
combined businesses being acquired. Since acquisition the shares to
be issued relating to the combined businesses have been fully
represented in the reported earnings per share numbers through the
basic and diluted weighted average denominators used. There are
further payments due to the vendors of the combined businesses of
EUR1m which are deferred over the two years to 31 December 2019,
based on meeting performance targets for the combined
businesses.
Application has been made to the London Stock Exchange for the
admission of 66,262 new ordinary shares to trading on AIM.
Admission of the new shares is expected to take place at 8:00am on
1 October 2018. The Company's total issued share capital following
admission will consist of 63,779,193 ordinary shares of one pence
each with one voting right per share. The above figure of
63,779,193 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) 020 3128 8156
Katie Hunt / Ollie Hoare / Nessyah keywords@mhpc.com
Hart
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 facilities in Dublin, Rio de Janeiro, Montreal, Quebec City,
Portland, Orlando, Raleigh, Mexico City, Los Angeles, Seattle,
Tokyo, Singapore, New Delhi, Pune, Rome, Milan, Barcelona, Madrid,
Taipei, Shanghai, Beijing, Zhengzhou, Chengdu, Dalian, Manila,
Yogyakarta, Hamburg, Paris and London, it provides integrated art
creation, software engineering, testing, localisation, audio and
customer care services across 50 languages and 14 games platforms
to a blue-chip client base in more than 15 countries. 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, and Ubisoft. Recent titles worked on
include Uncharted 4: A Thief's End, Call of Duty: Infinite Warfare,
Mortal Combat X, Assassin's Creed Syndicate, Battlefield 1,
Overwatch, World of Warcraft: Legion, Hearthstone, Clash Royale,
and Mobile Strike. 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 rns@lseg.com or visit www.rns.com.
END
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