REG - Boku Inc - Exercise of Warrants, Issuance of Shares & TVR

BokuAnnouncement

27/06/2024 15:45

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RNS Number : 2187U  Boku Inc  27 June 2024

27 June 2024

 

 

Boku, Inc.

 

("Boku" or the "Company")

 

Exercise of Warrants, Issuance of Shares and Total Voting Rights

 

Boku (AIM: BOKU), a leading global provider of mobile payment solutions,
announces that Danal Company Ltd has exercised 1,634,699 warrants over common
shares of $0.0001 each in the Company ("Warrants"). The Warrants were
exercisable at 141p each and a total compensation of US$3,000,000 has been
received by the Company. The Warrants were issued as part of the initial
consideration in respect of the Company's acquisition of Danal, Inc., as
announced on 6 December 2018.

 

Application has been made to the London Stock Exchange for admission to
trading on AIM of 1,634,699 new common shares of $0.0001 each ("Common
Shares"). These shares will be issued credited as fully paid, will rank pari
passu with the existing Common Shares in issue and are expected to be admitted
to trading on or around 1 July 2024 ("Admission").

 

Following Admission, the total number of Common Shares in issue will be
303,028,613. There are 747,451 shares held in Treasury under Diagonal Nominees
Ltd.

 

Therefore, the total number of voting rights in Boku is 302,281,162.

 

The above figure of 302,281,162 shares may 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.

 

 

For further enquiries:

 

 Boku

 Stuart Neal, Chief Executive Officer                      +44 (0)20 3934 6630
 Investec Bank plc (Nominated Advisor & Joint Broker)      +44 (0)20 7597 5970

 Edward Knight / Nick Prowting / Cameron MacRitchie
 Peel Hunt LLP (Joint Broker)                              +44 (0)20 7418 8900

 Adam Telling
 IFC Advisory Limited (Financial PR & IR)                  +44 (0)20 3934 6630

 Tim Metcalfe / Graham Herring / Florence Chandler

Note to Editors:

 

Boku Inc. (AIM: BOKU) is a leading global provider of mobile payment
solutions. Boku's mobile-first payments network, including mobile wallets,
direct carrier billing, and account to account/real-time payments schemes,
reaching over 7.5 billion mobile payment accounts through a single
integration.

 

Customers that trust Boku to simplify sign-up, acquire new paying users and
prevent fraud include global leaders such as Amazon, Meta Platforms, Google,
Microsoft, Netflix, Sony, Spotify and Tencent.

 

Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with
offices in the US, India, Brazil, China, Estonia, Ireland, Germany, Indonesia,
Japan, Singapore, Spain, Taiwan and Vietnam.

 

To learn more about Boku Inc., please visit: https://www.boku.com
(https://www.boku.com)

 

 

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