Form 8.5 (EPT/NON-RI) - Keywords Studios plc

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:

27 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:

979,511

1.23%

335,863

0.42%

(2) Cash-settled derivatives:

319,326

0.40%

964,329

1.21%

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

0

0.00%

0

0.00%

TOTAL: 

1,298,837

1.62%

1,300,192

1.63%

(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

69906

21.8572 GBP

21.6400 GBP

1p ordinary

Sale

97333

21.7810 GBP

21.6356 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 Long

1,545

21.6992 GBP

1p ordinary

SWAP

Closing Long

4,057

21.7800 GBP

1p ordinary

SWAP

Closing Long

5,602

21.7314 GBP

1p ordinary

SWAP

Decreasing Long

158

21.6774 GBP

1p ordinary

SWAP

Decreasing Long

185

21.6989 GBP

1p ordinary

SWAP

Decreasing Long

241

21.7001 GBP

1p ordinary

SWAP

Decreasing Long

284

21.7592 GBP

1p ordinary

CFD

Decreasing Long

1,507

21.7221 GBP

1p ordinary

SWAP

Decreasing Long

1,972

21.7531 GBP

1p ordinary

CFD

Decreasing Long

39,609

21.7800 GBP

1p ordinary

SWAP

Decreasing Short

25

21.6800 GBP

1p ordinary

SWAP

Decreasing Short

82

21.7800 GBP

1p ordinary

SWAP

Decreasing Short

129

21.6864 GBP

1p ordinary

SWAP

Decreasing Short

271

21.7185 GBP

1p ordinary

SWAP

Decreasing Short

458

21.7403 GBP

1p ordinary

SWAP

Decreasing Short

2,284

21.7445 GBP

1p ordinary

SWAP

Decreasing Short

2,947

21.6890 GBP

1p ordinary

SWAP

Decreasing Short

3,180

21.7092 GBP

1p ordinary

SWAP

Decreasing Short

15,000

21.6356 GBP

1p ordinary

SWAP

Decreasing Short

15,078

21.7800 GBP

1p ordinary

SWAP

Increasing Long

159

21.7063 GBP

1p ordinary

SWAP

Increasing Long

212

21.6679 GBP

1p ordinary

SWAP

Increasing Long

360

21.7043 GBP

1p ordinary

SWAP

Increasing Long

749

21.7231 GBP

1p ordinary

CFD

Increasing Long

832

21.7223 GBP

1p ordinary

SWAP

Increasing Long

2,483

21.6856 GBP

1p ordinary

CFD

Increasing Long

39,609

21.7800 GBP

1p ordinary

SWAP

Increasing Short

21

21.8600 GBP

1p ordinary

SWAP

Increasing Short

24

21.6400 GBP

1p ordinary

SWAP

Increasing Short

74

21.7400 GBP

1p ordinary

SWAP

Increasing Short

126

21.6421 GBP

1p ordinary

SWAP

Increasing Short

338

21.6872 GBP

1p ordinary

SWAP

Increasing Short

477

21.7206 GBP

1p ordinary

SWAP

Increasing Short

582

21.7296 GBP

1p ordinary

SWAP

Increasing Short

938

21.7566 GBP

1p ordinary

SWAP

Increasing Short

2,018

21.7380 GBP

1p ordinary

SWAP

Increasing Short

3,700

21.7543 GBP

1p ordinary

SWAP

Increasing Short

4,177

21.6921 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:

28 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213