Keywords Studios Plc Regulatory News (KWS)

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose relevant securities this form relates:

KEYWORDS STUDIOS PLC

(c)

Name of the party to the offer with which exempt principal trader is connected

KEYWORDS STUDIOS PLC

(d)

Date position held/dealing undertaken:

25 Jun 2024

(e)

In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?

NO

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing (if any)

Class of relevant security:

1p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

978,930

1.22%

343,609

0.43%

(2) Cash-settled derivatives:

331,067

0.41%

967,743

1.21%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

1,309,997

1.64%

1,311,352

1.64%

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to which subscription right exists

Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

1p ordinary

Purchase

134418

22.2511 GBP

21.9189 GBP

1p ordinary

Sale

117754

22.2400 GBP

21.8200 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

1p ordinary

SWAP

Closing Short

1,919

22.1627 GBP

1p ordinary

SWAP

Closing Short

9,663

21.9600 GBP

1p ordinary

SWAP

Closing Short

27,232

21.9200 GBP

1p ordinary

SWAP

Decreasing Long

32

22.1801 GBP

1p ordinary

SWAP

Decreasing Long

59

22.2002 GBP

1p ordinary

SWAP

Decreasing Long

120

22.2099 GBP

1p ordinary

CFD

Decreasing Long

5,216

22.1304 GBP

1p ordinary

CFD

Decreasing Long

63,760

21.9200 GBP

1p ordinary

SWAP

Decreasing Short

141

22.2400 GBP

1p ordinary

SWAP

Decreasing Short

302

22.1676 GBP

1p ordinary

SWAP

Decreasing Short

1,073

22.0062 GBP

1p ordinary

SWAP

Decreasing Short

3,615

22.1610 GBP

1p ordinary

SWAP

Decreasing Short

5,754

22.2206 GBP

1p ordinary

SWAP

Increasing Long

134

22.1295 GBP

1p ordinary

CFD

Increasing Long

224

22.0027 GBP

1p ordinary

SWAP

Increasing Long

243

22.1292 GBP

1p ordinary

CFD

Increasing Long

458

22.1763 GBP

1p ordinary

CFD

Increasing Long

475

22.0186 GBP

1p ordinary

SWAP

Increasing Long

1,261

22.1881 GBP

1p ordinary

SWAP

Increasing Long

2,214

22.1879 GBP

1p ordinary

CFD

Increasing Long

63,760

21.9200 GBP

1p ordinary

SWAP

Increasing Short

32

22.1036 GBP

1p ordinary

SWAP

Increasing Short

156

22.0888 GBP

1p ordinary

SWAP

Increasing Short

258

22.2000 GBP

1p ordinary

SWAP

Increasing Short

523

22.1653 GBP

1p ordinary

SWAP

Increasing Short

3,077

21.9200 GBP

1p ordinary

SWAP

Increasing Short

3,368

22.1930 GBP

1p ordinary

SWAP

Increasing Short

3,455

21.9205 GBP

1p ordinary

SWAP

Increasing Short

7,829

22.1844 GBP

1p ordinary

SWAP

Increasing Short

8,409

22.1898 GBP

1p ordinary

SWAP

Increasing Short

35,000

22.2511 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

26 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213