KWS Keywords Studios Plc

TIDMKWS

RNS Number : 4852A

Keywords Studios PLC

23 September 2022

23 September 2022

Keywords Studios plc ("Keywords Studios", "the Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Keywords Studios, the international technical services provider to the global video games industry, today announces the exercise of options over a total of 410 ordinary shares of 1 pence each in the Company by Jon Hauck and the sale of 200 ordinary shares, as detailed further below.

Following the conditional award of shares ("Salary Shares") that automatically vested on 16 September 2022 under the rules of the LTIP, Jon Hauck, Chief Financial Officer, exercised 410 options over Salary Shares and yesterday sold 200 Salary Shares to cover personal income tax and other liabilities arising from the exercise of the options. The Salary Shares are subject to phased vesting, with one-third of the award vesting on the anniversary of the date of grant each year, subject to continued employment. No other performance conditions apply.

Exercise of Salary Shares

 
 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/            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 1 pence each in Keywords 
       financial instrument,            Studios PLC (ISIN: GB00BBQ38507) 
       type of 
       instrument and identification 
       code 
     ===============================  ============================================ 
 b)   Nature of the transaction        Exercise of options over 410 ordinary 
                                        shares. 
     ===============================  ============================================ 
 c)   Price(s) and volume(s)           Exercise Price: Price(s)    Volume(s) 
                                         GBP 0.01    410 
                                                    ========== 
     ===============================  ============================================ 
 d)   Aggregated information           Aggregate volume of shares acquired: 
       - Aggregated volume              410 
       - Price                          Aggregate price of shares acquired: GBP 
                                        4.10 
     ===============================  ============================================ 
 e)   Date of the transaction          2022-09-22 (UTC) 
     ===============================  ============================================ 
 f)   Place of the transaction         Outside a trading venue 
     ===============================  ============================================ 
 

Sale of Salary Shares

 
 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/            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 1 pence each in Keywords 
       financial instrument,            Studios PLC (ISIN: GB00BBQ38507) 
       type of 
       instrument and identification 
       code 
     ===============================  ============================================ 
 b)   Nature of the transaction        Sale of 200 ordinary shares following 
                                        exercise of options. 
     ===============================  ============================================ 
 c)   Price(s) and volume(s)           Exercise Price: Price(s)     Volume(s) 
                                         GBP 23.36    200 
                                                     ========== 
     ===============================  ============================================ 
 d)   Aggregated information           Aggregate volume of shares sold: 200 
       - Aggregated volume              Aggregate price of shares acquired: GBP 
       - Price                          4,672 
     ===============================  ============================================ 
 e)   Date of the transaction          2022-09-22 (UTC) 
     ===============================  ============================================ 
 f)   Place of the transaction         London Stock Exchange, AIM (AIMX) 
     ===============================  ============================================ 
 

ENDS

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END

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