Source - LSE Regulatory
RNS Number : 3694H
Boku Inc
05 April 2022
 

5 April 2022

 

Boku, Inc.

("Boku" or the "Company")

 

Vesting of Restricted Stock Units, PDMR Dealing and Total Voting Rights

 

The Company announces that on 1 April 2022, restricted stock units ("RSUs") over 2,020,351 common shares of $0.0001 each in the Company ("Common Shares") vested for certain employees, including the PDMRs listed in the table below, and ex-employees. This vesting triggered immediate tax liabilities that were satisfied by partial sales of Common Shares on 1 April 2022.

 

Jon Prideaux, CEO, vested 300,000 RSUs and, on 1 April 2022, sold 141,564 of the resultant Common Shares at a price of 110 pence per share to meet the tax liabilities from the vesting and dealing expenses. As a result of these transactions, Mr Prideaux's holding in the Company increased by 158,436 Common Shares to 3,108,152 Common Shares, representing 1.04% of the issued share capital of Company.

 

Keith Butcher, CFO, vested 50,000 RSUs and, on 1 April 2022, sold 23,594 of the resultant Common Shares at a price of 110 pence per Common Share to meet the tax liabilities from the vesting and dealing expenses. As a result of this transaction Mr Butcher's holding in the Company increased by 26,406 Common Shares to 578,906 Common Shares, representing 0.19% of the issued share capital of the Company.

 

Mark Stannard, PDMR, vested 250,000 RSUs and, on 1 April 2022, sold 117,970 Common Shares at a price of 110 pence per share to meet the tax liabilities from the vesting and dealing expenses. As a result of these transactions, Mr Stannard's holding in the Company increased by 132,030 Common Shares to 164,333 Common Shares, representing 0.05% of the issued share capital of Company.

 

Adam Lee, PDMR, vested 250,000 RSUs and, on 1 April 2022, sold 86,760 Common Shares at a price of 110 pence per share to meet the tax liabilities from the vesting and dealing expenses. As a result of these transactions, Mr Lee's holding in the Company increased by 163,240 Common Shares to 1,385,478 Common Shares, representing 0.46% of the issued share capital of Company.

 

Name

Role

Net Shares Acquired

Resultant Shareholding

% of issued share capital

Jon Prideaux

CEO

158,436

3,108,152

1.04%

Keith Butcher

CFO

26,406

578,906

0.19%

Mark Stannard

PDMR

132,030

164,333

0.05%

Adam Lee

PDMR

163,240

1,385,478

0.46%

 

Total Voting Rights

Following these transactions, in conformity with Rule 5.6.1 of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, the Company's issued share capital comprises 298,806,500 Common Shares. Therefore, as of 5 April 2022, the total number of voting rights in Boku is 298,806,500.

The above figure of 298,806,500 shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.   

 

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

(i)            Jon Prideaux

(ii)           Keith Butcher

(iii)          Mark Stannard

(iv)         Adam Lee

2.         

Reason for the notification

a.         

Position/status

(i)            Chief Executive Officer

(ii)           Chief Financial Officer

(iii)          Chief Business Officer

(iv)         Chief Product Officer

b.         

Initial notification / Amendment

Initial notification

3.         

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.         

Name

Boku, Inc.

b.         

LEI

549300Y4P2ZPFKCZ0C60

4.         

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.         

Description of the financial instrument, type of instrument

 

Identification code

Common Shares of $0.0001 each

 

 

 

 

USU7744C1063

 

b.         

Nature of the transaction

Acquisition of Common Shares following vesting of restricted stock units under the 2017 Equity Incentive Plans

c.         

Price(s) and volume(s)

Price

Volume

(i)            nil

300,000

(ii)           nil

50,000

(iii)          nil

250,000

(iv)         nil

250,000

 

d.         

Aggregated information

Aggregated volume

Price

 

 


N/A - single transactions as above in (c)

 

e.         

Date of the transaction

1 April 2022

f.         

Place of the transaction

Outside of a trading venue  

       

 

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

(i)            Jon Prideaux

(ii)           Keith Butcher

(iii)          Mark Stannard

(iv)         Adam Lee

2.         

Reason for the notification

a.         

Position/status

(i)            Chief Executive Officer

(ii)           Chief Financial Officer

(iii)          Chief Business Officer

(iv)         Chief Product Officer

b.         

Initial notification / Amendment

Initial notification

3.         

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.         

Name

Boku, Inc.

b.         

LEI

549300Y4P2ZPFKCZ0C60

4.         

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.         

Description of the financial instrument, type of instrument

 

Identification code

Common Shares of $0.0001 each

 

 

 

 

USU7744C1063

 

b.         

Nature of the transaction

Sale of sufficient Common Shares to meet tax liabilities as a condition of the vesting restricted stock units

c.         

Price(s) and volume(s)

Price(s)

Volume(s)

(i)            110p

141,564

(ii)           110p

23,594

(iii)          110p

117,970

(iv)         110p

86,760

 

d.         

Aggregated information

Aggregated volume

Price

 

 


N/A - single transaction as above

e.         

Date of the transaction

1 April 2022

f.         

Place of the transaction

London Stock Exchange (XLON); AIM

       

Enquiries:

Boku, Inc.

Jon Prideaux, Chief Executive Officer                                                                                                     +44 (0)20 3934 6630

Keith Butcher, Chief Financial Officer

Peel Hunt LLP (Nominated Adviser and Broker)                                                                                  +44 (0)20 7418 8900

Edward Knight / Paul Gillam / James Smith

IFC Advisory Limited (Financial PR & IR)                                                                                                +44 (0)20 3934 6630

Tim Metcalfe / Graham Herring / Florence Chandler

Notes to Editors

Boku Inc. (AIM: BOKU) is a leading global provider of mobile payment solutions. Its Mobile First Payments Network 'M1ST' features 330+ mobile payment methods, including mobile wallets, direct carrier billing, and real-time payments schemes, reaching over 7 billion mobile payment accounts in 91 countries - all through a single integration.

 

Customers that trust Boku to simplify sign-up, acquire new paying users and prevent fraud include global leaders such as Amazon, Apple, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify and Tencent.

 

Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with offices in the US, India, Brazil, China, Estonia, France, Germany, Indonesia, Japan, Singapore, Spain, Taiwan and Vietnam.

 

To learn more about Boku Inc., please visit: https://www.boku.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHDZGGDDKFGZZM
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJBell logo

Related Charts

Boku, Inc. (BOKU)

0p (0.00%)
delayed 17:15PM