BOKU Boku Inc.

TIDMBOKU

RNS Number : 9114U

Boku Inc

03 April 2019

3 April 2019

Boku, Inc.

("Boku" or the "Company" and, together with its subsidiaries, the "Group")

Vesting of Restricted Stock Units and PDMR Dealings

The Company announces that on 1 April 2019, restricted stock units over 1,126,509 common shares of $0.0001 each in the Company ("Common Shares") vested for certain employees, including the PDMRs listed below, and ex-employees.

 
 Name                      Role             Resultant shareholding 
 Jon Prideaux               CEO                   2,362,884 
                 ------------------------  ----------------------- 
 Stuart Neal                CFO                    353,514 
                 ------------------------  ----------------------- 
 Adam Lee                  PDMR                    668,310 
                 ------------------------  ----------------------- 
 Mark Stannard             PDMR                    189,595 
                 ------------------------  ----------------------- 
 Mike Cahill               PDMR                    262,172 
                 ------------------------  ----------------------- 
 Ranjan Reddy              PDMR                     8,448 
                 ------------------------  ----------------------- 
 Mark Britto      Non-Executive Chairman          8,834,286 
                 ------------------------  ----------------------- 
 

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) Stuart Neal 
                                            (iii) Adam Lee 
                                            (iv) Mark Stannard 
                                            (v) Mike Cahill 
                                            (vi) Ranjan Reddy 
 
                                            (vii) Mark Britto 
     ------------------------------  -------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a.   Position/status                      (i) Chief Executive Officer 
                                            (ii) Chief Financial Officer 
                                            (iii) Chief Revenue Officer 
                                            (iv) Chief Business Officer, Payments 
                                            (v) Chief Operating Officer 
                                            (vi) Chief Business Officer, Identity 
                                            (vii) Non-Executive Chairman 
     ------------------------------  -------------------------------------------- 
 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                       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      83,334 
                                                    ---------- 
                                         (ii) Nil     125,000 
                                                    ---------- 
                                        (iii) Nil     28,125 
                                                    ---------- 
                                         (iv) Nil     20,936 
                                                    ---------- 
                                         (v) Nil      50,000 
                                                    ---------- 
                                         (vi) Nil     14,331 
                                                    ---------- 
                                        (vii) Nil     62,500 
                                                    ---------- 
     ------------------------------  -------------------------------------------- 
 d.        Aggregated 
            information 
             *    Aggregated volume     N/A - single transactions as above in 
                                        (c) 
 
             *    Price 
     ------------------------------  -------------------------------------------- 
 e.   Date of the                     01/04/2019 
       transaction 
     ------------------------------  -------------------------------------------- 
 f.   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  -------------------------------------------- 
 
 
 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 sufficient Common Shares to meet 
       transaction                     tax liabilities as a condition of the vesting 
                                       restricted stock units 
     ------------------------------  ----------------------------------------------- 
 c.   Price(s) and                      Price(s)     Volume(s) 
       volume(s)                         (i) 108p      39,325 
                                                     ---------- 
                                         (ii) 108p     58,986 
                                                     ---------- 
                                        (iii) 108p      9,525 
                                                     ---------- 
                                         (iv) 108p      9,882 
                                                     ---------- 
                                         (v) 108p      17,304 
                                                     ---------- 
                                         (vi) 108p      5,883 
                                                     ---------- 
                                        (vii) 108p     18,607 
                                                     ---------- 
     ------------------------------  ----------------------------------------------- 
 d.        Aggregated information 
             *    Aggregated volume 
                                        N/A - single transactions as above in 
                                        (c) 
             *    Price 
     ------------------------------  ----------------------------------------------- 
 e.   Date of the                     02/04/2019 
       transaction 
     ------------------------------  ----------------------------------------------- 
 f.   Place of the                    London Stock Exchange (XLON); AIM 
       transaction 
     ------------------------------  ----------------------------------------------- 
 

Enquiries:

 
 Boku, Inc. 
  Jon Prideaux, Chief Executive Officer             +44 (0)20 3934 
  Stuart Neal, Chief Financial Officer               6630 
 
   Peel Hunt LLP (Nominated Adviser and Broker)     +44 (0)20 7418 
   Edward Knight / Peter Stewart / Nick Prowting     8900 
 
   IFC Advisory Limited (Financial PR & IR) 
   Tim Metcalfe / Heather Armstrong / Florence      +44 (0)20 3934 
   Chandler                                          6630 
 

Notes to Editors

Incorporated in 2008, Boku is the world's leading independent carrier commerce company. Boku's Platform, which is linked to billing, identity and sales systems of more than 170 mobile network operators, simplifies transacting on mobile devices. Boku's Payment products enable mobile phone users, of which there are more than five billion worldwide, to buy goods and services and charge them to their mobile phone bill or pre-pay balance. Its Identity Products are used to verify user details. Companies like Apple, Google, Facebook, Microsoft, PayPal, Spotify, Square, Sony and Western Union use Boku to simplify sign-up, acquire new paying users and prevent fraud.

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(END) Dow Jones Newswires

April 03, 2019 02:01 ET (06:01 GMT)