Exercise of RSUs, PDMR Dealings and TVR

RNS Number : 6037B

Boku Inc

21 September 2018

 

21 September 2018

Boku, Inc.

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

Exercise of Restricted Stock Units, PDMR Dealings and Total Voting Rights

The Company announces that on 20 September 2018, restricted stock units ("RSUs") over 7,580,337 common shares of $0.0001 each in the Company ("Common Shares") ("RSU Shares") were exercised by certain employees, including the PDMRs listed below, and ex-employees. The Company also announces that the PDMRs listed below have today, subject to completion of the secondary placing in Common Shares announced on 20 September 2018, sold 3,098,946 Common Shares.

Name	Role	RSUs exercised	Shares sold	Resultant shareholding	% of issued share capital
Jon Prideaux	CEO	1,887,499	943,750	2,288,875	1.03%
Stuart Neal	CFO	375,000	187,500	257,500	0.12%
Adam Lee	PDMR	680,208	476,611	203,597	0.09%
Mike Cahill	PDMR	766,666	537,190	229,476	0.10%
Mark Britto	Non-Executive Chairman	1,577,777	953,895	8,390,393	3.78%

Application has been made for the admission to AIM of 7,580,337 RSU Shares. The RSU Shares which rank pari passu with the Company's existing issued common shares, are expected to be admitted to trading on or around 27 September 2018 ("Admission").

Following Admission, the Company's enlarged issued share capital will be 222,245,570 Common Shares. The Company holds no shares in treasury. Therefore, when calculating voting rights, shareholders should use the figure of 222,245,570 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure 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)         Stuart Neal (iii)        Adam Lee (iv)        Mike Cahill (v)         Mark Britto
2.	Reason for the notification
a.	Position/status	(i)         Chief Executive Officer and executive director (ii)         Chief Financial Officer and executive director (iii)        Chief Revenue Officer (iv)        Chief Operating Officer (v)         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	(i)         Exercise of restricted stock units (ii)         Exercise of restricted stock units (iii)        Exercise of restricted stock units (iv)        Exercise of restricted stock units (v)         Exercise of restricted stock units
c.	Price(s) and volume(s)	Price(s) Volume(s) (i)         Nil  1,887,499 (ii)        Nil  375,000 (iii)       Nil  680,208 (iv)       Nil  766,666 (v)        Nil  1,577,777
d.	Aggregated information · Aggregated volume · Price	N/A - single transactions as above in (c)
e.	Date of the transaction	20 September 2018
f.	Place of the transaction	London Stock Exchange (XLON); AIM

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	(i)         Jon Prideaux (ii)         Stuart Neal (iii)        Adam Lee (iv)        Mike Cahill (v)         Mark Britto
2.	Reason for the notification
a.	Position/status	(i)         Chief Executive Officer and executive director (ii)         Chief Financial Officer and executive director (iii)        Chief Revenue Officer (iv)        Chief Operating Officer (v)         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	(i)         Sale of Common Shares (ii)         Sale of Common Shares (iii)        Sale of Common Shares (iv)        Sale of Common Shares (v)         Sale of Common Shares
c.	Price(s) and volume(s)	Price(s) Volume(s) (i)         160p  943,750 (ii)        160p  187,500 (iii)       160p  476,611 (iv)       160p  537,190 (v)        160p  953,895
d.	Aggregated information · Aggregated volume · Price	N/A - single transactions as above in (c)
e.	Date of the transaction	21 September 2018
f.	Place of the transaction	London Stock Exchange (XLON); AIM

Enquiries:

Boku, Inc. Jon Prideaux, Chief Executive Officer Stuart Neal, Chief Financial Officer	[phone]
Peel Hunt LLP (Nominated Adviser and Broker) Edward Knight / Nick Prowting	[phone]
IFC Advisory Limited (Financial PR & IR) Tim Metcalfe / Heather Armstrong / Florence Chandler	[phone]

Notes to Editors

Incorporated in 2008, Boku is the leading independent direct carrier billing company in the world. Boku's technology enables 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.

Boku's platform connects its customers, including Apple, Google, Facebook, Microsoft, Spotify and Sony, with billing, identity and sales systems of mobile network operators. The Group's technology makes a consumer's mobile phone number a convenient and secure payment method, providing an alternative to credit and debit cards. By using Boku, merchants take people with mobile phones and make them paying users.

 

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