TIDMBOKU
RNS Number : 7925S
Boku Inc
19 March 2021
19 March 2021
Boku, Inc.
("Boku" or the "Company" and, together with its subsidiaries,
the "Group")
Vesting of Restricted Stock Units, Exercise of Options, PDMR
Dealings and Total Voting Rights
The Company announces that on 16 March 2021, restricted stock
units ("RSUs") over 3,127,257 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 17 March 2021.
Jon Prideaux, CEO, vested 350,000 RSUs and, on 17 March 2021,
exercised a total of 2,450,000 options over Common Shares at $0.28
per Common Share under the Company's Amended and Restated 2009
Equity Incentive Plan. On 17 March 2021, Mr. Prideaux sold
2,494,113 of the resultant Common Shares at a price of 159.34 pence
per share to meet the tax liabilities from the vesting and
exercise, dealing expenses and to fund a house purchase. As a
result of these transactions, Mr Prideaux's holding in the Company
increased by 305,887 Common Shares to 2,949,716 Common Shares,
representing 1.005% of the issued share capital of Company.
Keith Butcher, CFO, vested 75,000 RSUs and, on 17 March 2021,
sold 35,250 of the resultant Common Shares at a price of 159.34
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 39,750 Common Shares to 542,500
Common Shares, representing 0.185% of the issued share capital of
the Company.
Stuart Neal, PDMR, vested 400,000 RSUs and, on 17 March 2021,
sold 389,558 Common Shares at a price of 159.34 pence per share .
As a result of these transactions, Mr Neal's holding in the Company
increased by 10,442 Common Shares to 363,956 Common Shares,
representing 0.124% of the issued share capital of Company .
The net increases in shareholdings and resultant shareholdings
for the PDMRs in relation to these transactions are as follows:
Name Role Net shares Resultant shareholding % of issued
acquired share capital
Jon Prideaux CEO 305,887 2,949,716 1.005%
------ ---------- ----------------------- --------------
Keith Butcher CFO 39,750 542,500 0.185%
------ ---------- ----------------------- --------------
Adam Lee PDMR 167,681 1,222,238 0.416%
------ ---------- ----------------------- --------------
Stuart Neal PDMR 10,442 363,956 0.124%
------ ---------- ----------------------- --------------
Mark Stannard PDMR 23,447 227,940 0.078%
------ ---------- ----------------------- --------------
Further details of the above transactions are detailed in the
disclosure tables below.
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
293,562,341 Common Shares. Therefore, the total number of voting
rights in Boku is 293,562,341.
The above figure of 293,562,341 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) Adam Lee
(iv) Stuart Neal
(v) Mark Stannard
------------------------------ ------------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
a. Position/status (i) Chief Executive Officer
(ii) Chief Financial Officer
(iii) Chief Product Officer
(iv) General Manager, Identity
(v) Chief Business Officer
------------------------------ ------------------------------------------
b. Initial notification Initial notification
/ Amendment
------------------------------ ------------------------------------------
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 Common Shares of $0.0001 each
of the financial
instrument,
type of instrument USU7744C1063
Identification
code
------------------------------ ------------------------------------------
b. Nature of Acquisition of Common Shares, following
the transaction vesting of restricted stock units under
the 2009 and 2017 Equity Incentive Plans
------------------------------ ------------------------------------------
c. Price(s) and Price(s) Volume(s)
volume(s) (i) Nil 350,000
----------
(ii) Nil 75,000
----------
(iii) Nil 260,000
----------
(iv) Nil 400,000
----------
(v) Nil 44,401
----------
------------------------------ ------------------------------------------
d. Aggregated
information
* Aggregated volume N/A - single transactions as above in
(c)
* Price
------------------------------ ------------------------------------------
e. Date of the 16 March 2021
transaction
------------------------------ ------------------------------------------
f. Place of the Outside a trading venue
transaction
------------------------------ ------------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name (i) Jon Prideaux
(ii) Keith Butcher
(iii) Adam Lee
(iv) Stuart Neal
(v) Mark Stannard
------------------------------ -----------------------------------------------
2. Reason for the notification
-------------------------------------------------------------------------------
a. Position/status (i) Chief Executive Officer
(ii) Chief Financial Officer
(iii) Chief Product Officer
(iv) General Manager, Identity
(v) Chief Business Officer
------------------------------ -----------------------------------------------
b. Initial notification Initial notification
/ Amendment
------------------------------ -----------------------------------------------
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 Common Shares of $0.0001 each
of the financial
instrument, USU7744C1063
type of instrument
Identification
code
------------------------------ -----------------------------------------------
b. Nature of Sale of sufficient Common Shares to meet
the transaction tax liabilities as a condition of the vesting
restricted stock units
------------------------------ -----------------------------------------------
c. Price(s) and Price(s) Volume(s)
volume(s) (i) 159.34p 146,910
----------
(ii) 159.34p 35,250
----------
(iii) 159.34p 92,319
----------
(iv) 159.34p 189,558
----------
(v) 159.34p 20,954
----------
------------------------------ -----------------------------------------------
d. Aggregated
information
* Aggregated volume N/A - single transactions as above in
(c)
* Price
------------------------------ -----------------------------------------------
e. Date of the 17 March 2021
transaction
------------------------------ -----------------------------------------------
f. Place of the London Stock Exchange (XLON); AIM
transaction
------------------------------ -----------------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Jon Prideaux
----------------------- ------------------------------------------
2. Reason for the notification
-------------------------------------------------------------------
a. Position/status Chief Executive Officer
----------------------- ------------------------------------------
b. Initial notification Initial notification
/Amendment
----------------------- ------------------------------------------
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 Common Shares of $0.0001 each
of the financial
instrument, USU7744C1063
type of instrument
Identification
code
----------------------- ------------------------------------------
b. Nature of the Exercise of options over Common Shares
transaction
----------------------- ------------------------------------------
c. Price(s) and Exercise price Volume
volume(s) $0.28 2,450,000
----------
----------------------- ------------------------------------------
d. Aggregated
information N/A - single transaction as above
Aggregated
volume
Price
----------------------- ------------------------------------------
e. Date of the 17 March 2021
transaction
----------------------- ------------------------------------------
f. Place of the Outside of a trading venue
transaction
----------------------- ------------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Jon Prideaux
------------------------ -----------------------------------------
2. Reason for the notification
-------------------------------------------------------------------
a. Position/status Chief Executive Officer
------------------------ -----------------------------------------
b. Initial notification Initial notification
/Amendment
------------------------ -----------------------------------------
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 Common Shares of $0.0001 each
of the financial
instrument, USU7744C1063
type of instrument
Identification
code
------------------------ -----------------------------------------
b. Nature of the Sale of Common Shares
transaction
------------------------ -----------------------------------------
c. Price(s) and Price Volume
volume(s) 159.34p 2,347,203
----------
------------------------ -----------------------------------------
d. Aggregated
information N/A - single transaction as above
Aggregated
volume
Price
------------------------ -----------------------------------------
e. Date of the 17 March 2021
transaction
------------------------ -----------------------------------------
f. Place of the London Stock Exchange (XLON); AIM
transaction
------------------------ -----------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Stuart Neal
------------------------ -----------------------------------------
2. Reason for the notification
-------------------------------------------------------------------
a. Position/status General Manager, Identity / PDMR
------------------------ -----------------------------------------
b. Initial notification Initial notification
/Amendment
------------------------ -----------------------------------------
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 Common Shares of $0.0001 each
of the financial
instrument, USU7744C1063
type of instrument
Identification
code
------------------------ -----------------------------------------
b. Nature of the Sale of Common Shares
transaction
------------------------ -----------------------------------------
c. Price(s) and Price Volume
volume(s) 159.34p 200,000
--------
------------------------ -----------------------------------------
d. Aggregated
information N/A - single transaction as above
Aggregated
volume
Price
------------------------ -----------------------------------------
e. Date of the 17 March 2021
transaction
------------------------ -----------------------------------------
f. Place of the London Stock Exchange (XLON); AIM
transaction
------------------------ -----------------------------------------
Enquiries:
Boku, Inc.
Jon Prideaux, Chief Executive Officer +44 (0)20 3934
Keith Butcher, Chief Financial Officer 6630
Peel Hunt LLP (Nominated Adviser and Broker) +44 (0)20 7418
Edward Knight / Paul Gillam / Nick Prowting 8900
IFC Advisory Limited (Financial PR & IR) +44 (0)20 3934
Tim Metcalfe / Graham Herring / Florence Chandler 6630
Notes to Editors
Boku Inc. (AIM: BOKU) is a leading global provider of mobile
payment and identity solutions. Boku technology is integrated into
over 220 mobile wallets and network operators worldwide powering
mobile user authentication and mobile payments. Boku processes over
800 million transactions worth more than $7 billion annually in
nearly 70 countries. Global leaders that rely on Boku to acquire,
monetise, and protect digital consumer transactions include Apple,
Discover, Experian, Facebook, FIS, Fiserv, Google, Microsoft,
Netflix, Paypal, Sony, Spotify and Western Union.
Boku Inc. was incorporated in 2008 and is headquartered in
London, UK, with offices in various locations globally including in
the US, Mumbai, Estonia, Munich, Beijing, Paris, Sao Paulo,
Singapore, Taipei, and Tokyo.
To learn more about Boku Inc., please visit:
https://www.boku.com .
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END
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