Vesting of RSUs and PDMR Dealings

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 / 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 2009 and 2017 Equity Incentive Plans

 

c.         

Price(s) and volume(s)

Price(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

-Price

 

 


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

e.         

Date of the transaction

01/04/2019

f.         

Place of the transaction

Outside a trading venue

 

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)         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

-Price

 

 


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

e.         

Date of the transaction

02/04/2019

f.         

Place of the transaction

London Stock Exchange (XLON); AIM

 

Enquiries:

Boku, Inc.

Jon Prideaux, Chief Executive Officer

Stuart Neal, Chief Financial Officer

+44 (0)20 3934 6630

 

Peel Hunt LLP (Nominated Adviser and Broker)

Edward Knight / Peter Stewart / Nick Prowting

+44 (0)20 7418 8900

 

IFC Advisory Limited (Financial PR & IR)

Tim Metcalfe / Heather Armstrong / Florence Chandler

+44 (0)20 3934 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. 


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.
 
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