2 September 2021

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

     Issue of Shares

Keywords Studios, the international technical and creative services provider to the global video games industry, today announces the issuance of 7,962 new ordinary shares to the vendors of Coconut Lizard Limited ("Coconut Lizard") in respect of the share element of the consideration due based on the performance of Coconut Lizard over the 12 months post completion.  

Since the acquisition, the shares to be issued relating to Coconut Lizard have been fully represented in the reported earnings per share numbers through the basic and diluted weighted average denominators used. 

Application has been made to the London Stock Exchange for the admission of 7,962 new ordinary shares to trading on AIM.  Admission of the new shares is expected to take place at 8:00am on 7 September 2021.  The Company's total issued share capital following admission will consist of 75,827,951 ordinary shares of one pence each with one voting right per share.  The figure of 75,827,951 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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About Keywords Studios (www.keywordsstudios.com)

Keywords Studios is an international technical services provider to the global video games industry. Established in 1998, and now with over 65 facilities in 23 countries strategically located in Asia, Australia, the Americas and Europe, it provides integrated art creation, marketing services, game development, testing, localization, audio and player support services across more than 50 languages and 16 games platforms to a blue-chip client base of over 950 clients across the globe.

Keywords Studios has a strong market position, providing services to 23 of the top 25 most prominent games companies, including Activision Blizzard, Bandai Namco, Bethesda, Electronic Arts, Konami, Microsoft, Riot Games, Square Enix, Supercell, TakeTwo, Epic Games and Ubisoft. Recent titles worked on include Call of Duty: Black Ops Cold War, Anthem, Star Wars Jedi: Fallen Order, Assassin's Creed Valhalla, Valorant, League of Legends, Fortnite, Clash Royale and Doom Eternal. Keywords Studios is listed on AIM, the London Stock Exchange regulated market (KWS.L).