Last checked at 3 Apr 2019 07:00
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
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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
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c. | Price(s) and volume(s) |
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d. | Aggregated information -Aggregated volume -Price
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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
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c. | Price(s) and volume(s) |
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d. | Aggregated information -Aggregated volume -Price
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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.