TIDMKWS

RNS Number : 1079N

Keywords Studios PLC

20 September 2023

20 September 2023

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

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

Keywords Studios, the international provider of creative and technology-enabled solutions to the global video games and entertainment industries , today announces that the following conditional award ("Salary Shares") automatically vested on Saturday, 16 September 2023 under the rules of the Company's Long Term Incentive Plan and were acquired by Jon Hauck, COO, on Monday, 18 September 2023.

On 19 September 2023, 202 ordinary shares were subsequently sold to satisfy tax and National Insurance liabilities arising as a result of the vesting of the Salary Shares. The remaining 208 ordinary shares were retained by Jon Hauck.

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.

Automatic vesting 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 Operating 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        Automatic vesting of Salary Shares under 
                                        the Keywords Studios Long Term Incentive 
                                        Plan. 
     ===============================  ============================================ 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          GBP nil     410 
                                                     ========== 
     ===============================  ============================================ 
 d)   Aggregated information           Aggregate volume of shares: 410 
       - Aggregated volume              Aggregate price of shares: GBP nil 
       - Price 
     ===============================  ============================================ 
 e)   Date of the transaction          2023-09-16 (UTC) 
     ===============================  ============================================ 
 f)   Place of the transaction         Outside a trading venue 
     ===============================  ============================================

Acquisition 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 Operating 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        Acquisition of Salary Shares awarded 
                                        under the Keywords Studios Long Term 
                                        Incentive Plan following their vesting. 
     ===============================  ============================================ 
 c)   Price(s) and volume(s)             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          2023-09-18 (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 Operating 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 202 ordinary shares following 
                                        the vesting and acquisition of Salary 
                                        Shares. 
     ===============================  ============================================ 
 c)   Price(s) and volume(s)             Price(s)       Volume(s) 
                                          GBP 15.1223    202 
                                                        ========== 
     ===============================  ============================================ 
 d)   Aggregated information           Aggregate volume of shares: 202 
       - Aggregated volume              Aggregate price of shares: GBP 3,054.70 
       - Price 
     ===============================  ============================================ 
 e)   Date of the transaction          2023-09-19 (UTC) 
     ===============================  ============================================ 
 f)   Place of the transaction         London Stock Exchange, AIM (AIMX) 

     ===============================  ============================================

ENDS

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END

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