Vesting of RSUs, PDMR Dealings,Total Voting Rights
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The Company announces that 3,896,025 common shares of $0.0001 each in the Company ("Common Shares") held in treasury are being utilised to satisfy vested restricted stock units ("RSUs") over the Common Shares awarded to certain employees, including the PDMRs listed in the table below. This vesting triggered immediate tax liabilities that were satisfied by partial sales of Common Shares on 18 and 19 March 2025.
Stuart Neal, CEO, vested 134,000 RSUs and, on 19 March 2025, sold 60,300 of the resultant Common Shares at a price of 166 pence per share to meet the tax liabilities from the vesting. As a result of these transactions, Mr. Neal's holding in the Company increased by 73,700 Common Shares to 708,525 Common Shares, representing 0.23% of the issued share capital of Company.
Jon Prideaux, Non-Executive Director, vested 210,000 RSUs and, on 18 and 19 March 2025, sold 692,905 Common Shares at a price of 166 pence per share to meet the tax liabilities from the vesting and for personal reasons. As a result of these transactions, Mr. Prideaux's holding in the Company decreased by 482,905 Common Shares to 3,018,644 Common Shares, representing 0.99% of the issued share capital of Company.
Mark Stannard, PDMR, vested 175,000 RSUs and, on 19 March 2025, sold 78,750 Common Shares at a price of 166 pence per share to meet the tax liabilities from the vesting. As a result of these transactions, Mr. Stannard's holding in the Company increased by 96,250 Common Shares to 389,445 Common Shares, representing 0.13% of the issued share capital of Company.
Adam Lee, PDMR, vested 175,000 RSUs and, on 18 and 19 March 2025, sold 175,000 Common Shares at a price of 166 pence per share to meet the tax liabilities from the vesting and for personal reasons. As a result of these transactions there is no change in Mr. Lee's holding in the Company which remains at 1,298,703 Common Shares, representing 0.43% of the issued share capital of Company.
| Name | Role | Initial Shareholding | Net Common Shares Acquired / (Disposed of) | Resultant Shareholding (Common Shares) | Resultant Shareholding (% of issued share capital) |
|---|---|---|---|---|---|
| Stuart Neal | CEO | 634,825 | 73,700 | 708,525 | 0.23% |
| Jon Prideaux | NED | 3,501,549* | (482,905) | 3,018,644 | 0.99% |
| Mark Stannard | PDMR | 293,195 | 96,250 | 389,445 | 0.13% |
| Adam Lee | PDMR | 1,298,703 | Nil | 1,298,703 | 0.43% |
*includes 18,644 shares held by family members
As separately announced today, on 19 March 2025 Boku purchased 650,000 Common Shares in the Company pursuant to its share buyback programme, which will be held in treasury.
Total Voting Rights
Following these transactions, in conformity with Rule 5.6.1 of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, the Company's total issued share capital consists of 303,110,613 Common Shares of which 5,665,909 Common Shares will be held in treasury under Diagonal Nominees Ltd. Therefore, the total number of voting rights in Boku will be 297,444,704.
The above figure of 297,444,704 shares will be able to be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a. | Name | (i) Stuart Neal (ii) Jon Prideaux (iii) Mark Stannard (iv) Adam Lee |
| 2. | Reason for the notification | |
| a. | Position/status | (i) Chief Executive Officer (ii) Non-Executive Director (iii) Chief Business Officer (iv) Chief Product Officer |
| b. | Initial notification / Amendment | Initial notification |
| a. | Name | Boku, Inc. |
| b. | LEI | 549300Y4P2ZPFKCZ0C60 |
| b. | Nature of the transaction | Acquisition of Common Shares following vesting of restricted stock units under the 2017 Equity Incentive Plans |
| c. | Price(s) and volume(s) | Price Volume (i) Nil 134,000 (ii) Nil 210,000 (iii) Nil 175,000 (iv) Nil 175,000 |
| d. | Aggregated information Aggregated volume Price | N/A - single transactions as above in (c) |
| f. | Place of the transaction | Outside of a trading venue |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a. | Name | (i) Stuart Neal (ii) Jon Prideaux (iii) Mark Stannard (iv) Adam Lee |
| 2. | Reason for the notification | |
| a. | Position/status | (i) Chief Executive Officer (ii) Non-Executive Director (iii) Chief Business Officer (iv) Chief Product Officer |
| b. | Initial notification / Amendment | Initial notification |
| a. | Name | Boku, Inc. |
| b. | LEI | 549300Y4P2ZPFKCZ0C60 |
| c. | Price(s) and volume(s) | Price Volume (i) 166p 60,300 (ii) 166p 343,700 (iii) 166p 78,750 (iv) 166p 121,750 |
| d. | Aggregated information Aggregated volume Price | N/A - transactions as above in (c) |
| 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) Adam Lee |
| 2. | Reason for the notification | |
| a. | Position/status | (i) Non-Executive Director (ii) Chief Product Officer |
| b. | Initial notification / Amendment | Initial notification |
| a. | Name | Boku, Inc. |
| b. | LEI | 549300Y4P2ZPFKCZ0C60 |
| c. | Price(s) and volume(s) | Price Volume (i) 166p 349,205 (ii) 166p 53,250 |
| d. | Aggregated information Aggregated volume Price | N/A - transactions as above in (c) |
| f. | Place of the transaction | London Stock Exchange (XLON); AIM |
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