Boku, Inc. has announced the utilization of 3,953,094 common shares to satisfy 3,630,385 vested restricted stock units (RSUs) and 322,709 exercised options over the Common Shares awarded to certain employees. This resulted in immediate tax liabilities that were satisfied by partial sales of the resultant Common Shares on 26 March 2024. The PDMR dealings included the vesting and selling of shares by key personnel, impacting their holdings in the company. Notably, Stuart Neal, CEO, saw an increase in his holding, while Keith Butcher, CFO, experienced a decrease due to selling for personal reasons. Additionally, Boku purchased 500,000 Common Shares in the company as part of its share buyback program, which will be held in treasury.
Following these transactions, the total issued share capital of Boku consists of 301,096,914 Common Shares, with 554,774 Common Shares held in treasury. Consequently, the total number of voting rights in Boku is 300,542,140. Shareholders can use this figure as the denominator for the calculations to determine if they are required to notify their interest in the company under the Disclosure Guidance and Transparency Rules.
The notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them were also provided. This included details of the individuals involved, their positions, and the nature of the transactions. The disclosure aims to ensure transparency and compliance with regulatory requirements.