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Keywords Studios PLC (KWS)

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Wednesday 18 December, 2019

Keywords Studios PLC

Director/PDMR Shareholding

RNS Number : 3827X
Keywords Studios PLC
18 December 2019
 

18 December 2019

 

Keywords Studios plc

 

Executive LTIP - PDMR Dealings

 

Keywords Studios, the international technical services provider to the global video games industry, today announces that, under the terms of the Company's long term incentive plan ("LTIP"), the following awards were granted on 30 September 2019.

 

Director

Type of option

Number of shares subject to option

  pdmrJon Hauck, Chief Financial Officer

Nil-cost option

68,936

 

Vesting of the above LTIPs are subject to the achievement of performance conditions based on the Company's Total Shareholder Return ("TSR") versus the FTSE Small Cap Index over the 3 year performance period. Threshold vesting (10% 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.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

 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 /Amendment

 

 

Initial Notification

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 financial instrument, type of instrument

Ordinary shares of 1p each

 

 

 



Identification code

ISIN: GB00BBQ38507



b)

 

Nature of the transaction

 

 

Grant of nil-cost option over 68,936 Ordinary Shares under the Company's LTIP

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)

 



Nil Priced

68,936

 






d)

 

Aggregated information

 

N/A



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

30 September 2019

f)

 

Place of the transaction

 

 

Outside a Trading Venue

 

For further information, please contact: 

 

Keywords Studios (www.keywordsstudios.com) 

Andrew Day, Chief Executive Officer 

Jon Hauck, Chief Financial Officer 

Joseph Quinn, Investor Relations

 

+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) 

Katie Hunt / Ollie Hoare 

 

 

020 3128 8100 

[email protected] 

 


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 [email protected] or visit www.rns.com.
 
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