BOKU, INC. received a notification of major holdings from abrdn plc affiliated investment management entities regarding an acquisition of voting rights. The notification, dated 26th March 2024, revealed that the aggregate of abrdn plc affiliated investment management entities with delegated voting rights on behalf of multiple managed portfolios crossed the 5% threshold on 25th March 2024. This resulted in the effective holding of 5.121229% of the shares in BOKU, INC., totaling 15,213,074 voting rights.
The disclosure also clarified that the voting rights were effectively held indirectly by the underlying intermediate holding company abrdn Investments (Holdings) Limited and the underlying investment management entity abrdn Investment Management Limited. The increase in voting rights above the 5% notifiable threshold was attributed to trading on 25th March 2024. The shares detailed in the notification are managed by the named discretionary investment management entity within multiple portfolios on behalf of underlying clients, based on investment management agreements whereby the client has delegated the exercise of the voting power to the referenced investment manager.
This notification provides insight into the changes in voting rights and the entities involved in the acquisition of voting rights in BOKU, INC. by abrdn plc affiliated investment management entities. The disclosure offers transparency regarding the increase in voting rights and the effective holding of 5.121229% of the shares in BOKU, INC. by the mentioned entities.