Annual Report and Notice of AGM and EGM

Winking Studios Limited

07 April 2026

 

WINKING STUDIOS LIMITED

(Company Registration No. 159882)

(Incorporated in the Cayman Islands)

07 April 2026

Annual Report and Notice of AGM and EGM

Winking Studios Limited (AIM / SGX:WKS) (the "Company"), one of the leading global AAA game art outsourcing studios and an established game development company, announces that its Annual General Meeting ("AGM") will be held on Thursday, 30 April 2026 at 4.00pm (Singapore time) / 9.00am (UK time) at YMCA @ One Orchard TCT Function Room (Level 4), 1 Orchard Road, Singapore 238824 and its Extraordinary General Meeting ("EGM") will be held on Thursday, 30 April 2026 at 4.30pm (Singapore time) / 9.30am (UK time) at the same venue.

The Company announces that it is seeking Shareholder approval at the EGM for the adoption of a share buyback mandate (the "Share Buyback Mandate"), which will authorise the Company to purchase its own ordinary shares of a nominal or par value of S$0.04 each in the capital of the Company ("Ordinary Shares"). The Share Buyback Mandate is required under the Company's articles of association and, if approved, will remain in force until the earlier of the Company's next AGM, its revocation or variation by Shareholders, or the point at which the Share Buyback Mandate is fully utilised. The directors of the Company (the "Directors") believe the Share Buyback Mandate will provide flexibility to undertake share purchases when appropriate, enabling the Company to return surplus capital efficiently, enhance earnings per share and/or net tangible assets per share, and support the orderly trading of its Ordinary Shares.

Under the Share Buyback Mandate, the Company may purchase up to a maximum of 10 per cent. of its issued share capital (excluding treasury shares and subsidiary holdings), subject also to a financial cap of US$3 million in aggregate for repurchase of shares transactions undertaken by the Company in any consecutive period of two (2) weeks., with the lower limit prevailing. Share buybacks may be effected through on-market purchases or off-market transactions conducted in accordance with applicable regulations. The purchase price will be subject to prescribed limits, being up to 105 per cent. of the average closing price for on-market purchases and 120 per cent. for off-market purchases. Shares acquired may be cancelled or held in treasury for future use, including to satisfy share incentive schemes. The Directors will only undertake buybacks where they consider it to be in the best interests of the Company and its Shareholders, and will ensure that any such purchases do not adversely affect the Company's financial position or its listing status on AIM or the Catalist of the SGX-ST.

There is a webcast available and for Shareholders wishing to join online, please register via [e-mail] with your full name and relevant identification number by 26 April 2026, 4.00pm (Singapore time) / 9.00am (UK time). 

The Company's Annual Report and Accounts for the year ended 31 December 2025 is available on the Company's website https://investor.winkingworks.com/index. The Notice of AGM and Proxy Form is also available on the website and being posted to Shareholders and all documents are available on the website of the SGX-ST at https://www.sgx.com/securities/company-announcements as of 07 April 2026.

Enquiries

Singapore	UK
Winking Studios Limited Johnny Jan, Executive Director and CEO (Founder) Oliver Yen, Finance Director and Group CFO	Alma Strategic Communications Justine James / David Ison / Emma Thompson [phone] [e-mail]
8PR Asia (Investor Relations) Alex Tan [phone] [e-mail]	Strand Hanson Limited (Financial and Nominated Adviser) James Harris / James Bellman  [phone]
PrimePartners Corporate Finance Pte. Ltd. (Sponsor) Foo Jien Jieng [e-mail]	SP Angel Corporate Finance LLP (Joint Broker) Stuart Gledhill / Charlie Bouverat (Corporate Finance) Abigail Wayne / Rob Rees (Corporate Broking) [phone]
	Zeus Capital Limited (Joint Broker) James Hornigold (Investment Banking) Ben Robertson (Equity Capital Markets)

About Winking Studios Limited (AIM and SGX: WKS)

Headquartered in Singapore and dual-listed on the London Stock Exchange and Singapore Exchange (Trading Code: WKS), Winking Studios Limited is one of the leading global AAA game art outsourcing studios and an established game development company.

With over 25 years of experience and established track record, the Group provides end-to-end art outsourcing, game development services and other gaming services across various platforms for the global gaming industry via its three business segments of Art Outsourcing, Game Development and Global Publishing & Other Services.

The Group has 13 studios across Taipei, Nanjing, Suzhou, Dalian, Tianjin, Shanghai and Kuala Lumpur with over 1,400 highly skilled employees serving a global customer base that includes 22 of the top 25 game publishers in the world.

For more information, please visit www.winkingworks.com.

 

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