Boku Inc PDMR Dealing (2369J)

TIDMBOKU

RNS Number : 2369J

Boku Inc

21 December 2020

21 December 2020

Boku, Inc.

("Boku" or the "Company")

PDMR Dealing

The Company announces that, on 17 December 2020, Adam Lee, Chief Product Officer of the Company, exercised a total of 145,834 options over common shares of $0.0001 each in the Company ("Common Shares") at $0.28 per share under the Company's Amended and Restated 2009 Equity Incentive Plan.

The Company also announces that, on the same day, Mr. Lee sold 150,000 Common Shares at a price of 140 pence per share principally to satisfy current and historical tax liabilities relating to option exercises over Common Shares.

Following this notification, Mr. Lee's beneficial holding in the Company has reduced by 4,166 shares to stand at 1,054,557 Common Shares (which represents 0.37% of the issued share capital of the Company).

Further details of the above transactions are detailed in the disclosure tables below.

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                     Adam Lee 
     -----------------------  ------------------------------------------ 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a.   Position/status          Chief Product Officer / 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            Exercise of options over Common Shares 
       transaction 
     -----------------------  ------------------------------------------ 
 c.   Price(s) and               Exercise price     Volume 
       volume(s)                             $0.28   145,834 
                                                    -------- 
     -----------------------  ------------------------------------------ 
 d.   Aggregated 
       information               N/A - single transaction as above 
       Aggregated 
       volume 
       Price 
     -----------------------  ------------------------------------------ 
 e.   Date of the              17 December 2020 
       transaction 
     -----------------------  ------------------------------------------ 
 f.   Place of the             Outside of a trading venue 
       transaction 
     -----------------------  ------------------------------------------ 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                      Adam Lee 
     ------------------------  ----------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a.   Position/status           Chief Product Officer / 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)                              140p   150,000 
                                                    -------- 
     ------------------------  ----------------------------------------- 
 d.   Aggregated 
       information                N/A - single transaction as above 
       Aggregated 
       volume 
       Price 
     ------------------------  ----------------------------------------- 
 e.   Date of the               17 December 2020 
       transaction 
     ------------------------  ----------------------------------------- 
 f.   Place of the              London Stock Exchange (XLON); AIM 
       transaction 
     ------------------------  ----------------------------------------- 
 

Enquiries:

 
 Boku, Inc. 
  Jon Prideaux, Chief Executive Officer                 [phone] 
  Keith Butcher, Chief Financial Officer                 6630 
  Peel Hunt LLP (Nominated Adviser and Broker)           [phone] 
   Edward Knight / Paul Gillam / Nick Prowting            8900 
  IFC Advisory Limited (Financial PR & IR)               [phone] 
   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, 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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December 21, 2020 02:00 ET (07:00 GMT)