Video of Winking Studios’ AIM Listing

The London Stock Exchange welcomes Winking Studios Limited, the AAA Art Outsourcing and Game Development business listed on the Catalist board of the Singapore Exchange Securities Trading Limited, as it celebrates the company’s admission to the AIM Market of the London Stock Exchange.

The Company has successfully raised £7.9 million, giving the company a market capitalisation on admission of approximately £66 million. It intends to use the proceeds raised to support expansion into Western markets and enhance the Group’s current operational capabilities.

Founded in 2004 and headquartered in Singapore with nine offices across Asia, Winking Studios is led by its founder Johnny Jan and is ranked third in Asia and fourth in the world in terms of global revenue in the global game Art Outsourcing market.

Working across a range of platforms including console, PC and mobile, Winking Studios has collaborated with 22 of the world’s top 25 game development companies, including Ubisoft, EA, Activision and Tencent, on high profile titles such as FIFA, Call of Duty and Assassins Creed.

Through its Art Outsourcing Services segment, the Group develops art, animation and visual effects including characters, environments, props and effects. Through its Game Development segment, the Group delivers development services from concept to programming and script writing to post-release support and maintenance.

Strand Hanson Limited is acting as Financial and Nominated Adviser with S.P. Angel Corporate Finance LLP acting as Broker in relation to the Dual Listing.