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:

13 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:

640,110

0.80%

355,345

0.45%

(2) Cash-settled derivatives:

354,263

0.44%

632,298

0.79%

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

0

0.00%

0

0.00%

TOTAL: 

994,373

1.25%

987,643

1.24%

(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

33199

21.5201 GBP

21.3589 GBP

1p ordinary

Sale

31244

21.5178 GBP

21.2397 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

6,129

21.4626 GBP

1p ordinary

SWAP

Closing Short

767

21.4458 GBP

1p ordinary

SWAP

Closing Short

1,734

21.3600 GBP

1p ordinary

SWAP

Closing Short

2,968

21.4432 GBP

1p ordinary

SWAP

Decreasing Long

54

21.4202 GBP

1p ordinary

SWAP

Decreasing Long

412

21.5201 GBP

1p ordinary

SWAP

Decreasing Long

1,287

21.3601 GBP

1p ordinary

CFD

Decreasing Long

2,708

21.4191 GBP

1p ordinary

SWAP

Decreasing Short

2

21.7000 GBP

1p ordinary

SWAP

Decreasing Short

130

21.4400 GBP

1p ordinary

SWAP

Decreasing Short

139

21.4800 GBP

1p ordinary

SWAP

Decreasing Short

244

21.4271 GBP

1p ordinary

SWAP

Decreasing Short

549

21.3600 GBP

1p ordinary

SWAP

Decreasing Short

1,370

21.4522 GBP

1p ordinary

SWAP

Decreasing Short

1,694

21.3628 GBP

1p ordinary

SWAP

Decreasing Short

2,570

21.4849 GBP

1p ordinary

SWAP

Decreasing Short

3,159

21.4059 GBP

1p ordinary

SWAP

Decreasing Short

4,789

21.4472 GBP

1p ordinary

CFD

Increasing Long

5

21.4400 GBP

1p ordinary

SWAP

Increasing Long

25

21.4598 GBP

1p ordinary

SWAP

Increasing Long

220

21.3649 GBP

1p ordinary

SWAP

Increasing Long

297

21.4333 GBP

1p ordinary

SWAP

Increasing Long

686

21.4346 GBP

1p ordinary

SWAP

Increasing Long

1,319

21.4650 GBP

1p ordinary

SWAP

Increasing Long

1,468

21.2397 GBP

1p ordinary

SWAP

Increasing Long

1,593

21.2398 GBP

1p ordinary

SWAP

Increasing Long

2,214

21.3598 GBP

1p ordinary

SWAP

Increasing Long

2,317

21.4651 GBP

1p ordinary

SWAP

Increasing Short

46

21.4800 GBP

1p ordinary

SWAP

Increasing Short

73

21.3814 GBP

1p ordinary

SWAP

Increasing Short

200

21.4200 GBP

1p ordinary

SWAP

Increasing Short

2,613

21.4738 GBP

1p ordinary

SWAP

Increasing Short

3,868

21.3600 GBP

1p ordinary

SWAP

Increasing Short

4,822

21.4841 GBP

1p ordinary

SWAP

Increasing Short

5,000

21.3653 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:

14 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213