ISSUE OF SHARES-KEYWORDS STUDIOS PLC

ISSUE OF SHARES-KEYWORDS STUDIOS PLC

Issue of Shares

Keywords Studios, the international provider of creative and technology-enabled solutions to the global video games and entertainment industries, today announces the issuance of 87,648 new ordinary shares comprising the share element of contingent consideration due based on the performance of 47 Communications LLC since its acquisition.

Application has been made to the London Stock Exchange for the admission of these 87,648 new ordinary shares to trading on AIM.  Admission of the new shares is expected to take place at 8:00am on 15 April 2024.  

The Company's total issued share capital following admission will consist of 79,521,770 ordinary shares of one pence each with one voting right per share. There are 568,706 Ordinary Shares in the Company's Employee Benefit Trust ("EBT"), and the EBT has waived its right to exercise its voting rights and to receive dividends in respect of these Ordinary Shares.

Therefore, the number of Ordinary shares with voting rights following admission will be 78,953,064. This figure may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company following admission.

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