PDMR Dealing

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

/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

Exercise of options over Common Shares

c. 

Price(s) and volume(s)

Exercise price

Volume

$0.28

145,834

d. 

Aggregated information

Aggregated volume

Price

 

 

N/A - single transaction as above

e. 

Date of the transaction

17 December 2020

f. 

Place of the transaction

Outside of a trading venue 

 

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

/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

Sale of Common Shares

c. 

Price(s) and volume(s)

Price

Volume

140p

150,000

d. 

Aggregated information

Aggregated volume

Price

 

 

N/A - single transaction as above

e. 

Date of the transaction

17 December 2020

f. 

Place of the transaction

London Stock Exchange (XLON); AIM

 

Enquiries:

Boku, Inc.

Jon Prideaux, Chief Executive Officer

Keith Butcher, Chief Financial Officer

+44 (0)20 3934 6630

 

Peel Hunt LLP (Nominated Adviser and Broker)

Edward Knight / Paul Gillam / Nick Prowting

 

+44 (0)20 7418 8900

 

IFC Advisory Limited (Financial PR & IR)

Tim Metcalfe / Graham Herring / Florence Chandler

 

+44 (0)20 3934 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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