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12 July 2013
London Stock Exchange welcomes Keywords Studios to AIM

Keywords Studios, the international technical services provider to the global video games industry, is delighted to be joining AIM today.  Established in 1998, and now with facilities in Dublin, Tokyo, Rome, Montreal and Seattle, the company provides integrated localisation, testing and audio services across 30 languages and 12 games platforms to a blue chip client base in more than 15 countries. 

It has a strong market position, providing services to 15 of the top 25 most prominent games companies, including Microsoft, Namco Bandai, Konami, Electronic Arts and Square Enix and has worked on games including Halo 4 and Pro Evolution Soccer 2013.

The offer, conducted by way of a conditional placing with institutional investors by Numis Securities Limited, raised gross proceeds of £28m including £10m of new money. The net proceeds will be used to extend the company’s existing offering and geographical footprint, both organically and by acquisition.

Andrew Day, Chief Executive, said: “We have been delighted by the support we have received from leading institutional investors.

“AIM, which is the perfect market for an ambitious technology company such as our own, will provide us with the ideal platform from which to grow our business into complementary areas and also into new territories.”

Numis Securities Limited acted as NOMAD and broker to Keywords Studios and MHP Communications as financial public relations adviser.

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