TIDMKWS

RNS Number : 2711I

Keywords Studios PLC

04 August 2023

4 August 2023

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

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

Conditional Award of Shares

Keywords Studios, the international provider of creative and technology-enabled solutions to the global video games and entertainment industries, today announces that, under the terms of the Keywords Studios Long Term Incentive Plan ("LTIP"), conditional awards of shares were granted on 2 August 2023 to Robert Kingston, Chief Financial Officer and person dispensing managerial responsibility, in connection with the commencement of his employment with the Company on 1 July 2023.

The LTIPs will normally vest on 2 August 2026. Vesting of the LTIPs are conditional on continued employment and the achievement of performance conditions approved by the Remuneration Committee, based on the Company's Total Shareholder Return ("TSR") versus the FTSE 250 Index (excluding investment trusts) (the "Index") over a 3-year performance period. Threshold vesting (25% 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.

 
Z1  Details of the person discharging managerial responsibilities/person 
     closely associated 
    ================================================================================= 
a)  Name                             Robert Kingston 
    ==============================  ================================================= 
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       Grant of nominal cost conditional award 
                                     of shares under the Keywords Studios Long 
                                     Term Incentive Plan, based on Group performance. 
    ==============================  ================================================= 
c)  Price(s) and volume(s)           Price(s)   Volume(s) 
                                      GBP 0.01   29,545 
                                                 ========= 
    ==============================  ================================================= 
d)  Aggregated information          Aggregate volume of shares: 29,545 
     - Aggregated volume             Aggregate price of shares: GBP 295.45 
     - Price 
    ==============================  ================================================= 
e)  Date of the transaction         2023-08-02 (UTC) 
    ==============================  ================================================= 
f)  Place of the transaction        Outside a trading venue 
    ==============================  =================================================

End.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBUGDICSGDGXX

(END) Dow Jones Newswires

August 04, 2023 04:00 ET (08:00 GMT)

Keywords Studios (LSE:KWS)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Keywords Studios Charts.
Keywords Studios (LSE:KWS)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Keywords Studios Charts.