Form 8.5 (EPT/NON-RI)KEYWORDS STUDIOS PLC Amend

FORM 8.5 (EPT/NON-RI) Amendment To Purchase

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:

30 May 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:

377,748

0.47%

300,538

0.38%

(2) Cash-settled derivatives:

295,602

0.37%

366,116

0.46%

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

0

0.00%

0

0.00%

TOTAL: 

673,350

0.84%

666,654

0.84%

(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

46613

22.4600 GBP

22.3200 GBP

1p ordinary

Sale

23413

22.4622 GBP

22.3211 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

Decreasing Long

2

22.5000 GBP

1p ordinary

SWAP

Decreasing Long

65

22.4200 GBP

1p ordinary

SWAP

Decreasing Long

127

22.4251 GBP

1p ordinary

SWAP

Decreasing Long

210

22.4600 GBP

1p ordinary

SWAP

Decreasing Long

416

22.3789 GBP

1p ordinary

SWAP

Decreasing Long

826

22.3923 GBP

1p ordinary

SWAP

Decreasing Long

6,185

22.3800 GBP

1p ordinary

SWAP

Decreasing Long

8,600

22.4312 GBP

1p ordinary

SWAP

Decreasing Short

217

22.3626 GBP

1p ordinary

SWAP

Decreasing Short

313

22.3505 GBP

1p ordinary

SWAP

Decreasing Short

1,232

22.3574 GBP

1p ordinary

SWAP

Increasing Long

34

22.3600 GBP

1p ordinary

SWAP

Increasing Long

280

22.3944 GBP

1p ordinary

SWAP

Increasing Long

488

22.3815 GBP

1p ordinary

SWAP

Increasing Long

653

22.3947 GBP

1p ordinary

CFD

Increasing Long

734

22.3369 GBP

1p ordinary

CFD

Increasing Long

844

22.3687 GBP

1p ordinary

SWAP

Increasing Long

920

22.4197 GBP

1p ordinary

CFD

Increasing Long

1,186

22.3731 GBP

1p ordinary

SWAP

Increasing Long

3,215

22.3804 GBP

1p ordinary

SWAP

Increasing Long

4,515

22.3682 GBP

1p ordinary

SWAP

Increasing Short

21,400

22.4312 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:

07 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213