REG - Boku Inc - Share Buyback Programme

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RNS Number : 1881N  Boku Inc  02 January 2026

2 January 2026

 

Boku, Inc.

("Boku" or the "Company")

 

Share Buyback Programme

 

Boku (AIM: BOKU), a global network of local payment solutions, announces that
its board of directors ("Board") has provided authority for the Company to
repurchase up to 5 per cent of its common stock, and hold in Treasury, with
par value of $0.0001 per share in the capital of the Company ("Common Stock")
in issue at any one time.

 

The Company currently holds 6,507,891 Common Stock in Treasury, representing
approximately 2.1 per cent. of the total Common Stock in issue. The Board has
now approved a share buyback programme to repurchase up to a maximum of
4,000,000 Common Stock (the "Buyback Programme").

 

The Board believes that the current share price undervalues the Company. The
Buyback Programme represents a good investment opportunity and effective use
of our growing own-cash balances, as well as a reaffirming our belief in the
Company's long term growth plan. Shares purchased will be held in Treasury and
may be used to satisfy future obligations from warrant holders or the staff
equity remuneration programme, thus minimising future dilution for
shareholders.

 

The Company has instructed Investec Bank plc, the Company's joint broker, to
conduct the Buyback Programme on its behalf in accordance with the authority
granted by the Company's Board (the "Authority"). The Buyback Programme will
be effected within certain pre-set parameters, including that the maximum
price paid per Common Stock shall be no more than the lower of (a) 5 per cent.
above the average of the middle market prices of the Common Stock (as derived
from the London Stock Exchange Daily Official List) for the five business days
immediately preceding the day of which the purchase is made; and (b) the
higher of the price of the last independent trade and the highest current
independent purchase bid on the trading venue on which the purchase is carried
out.

 

The Buyback Programme will be effective from today's date and will expire on
30 April 2026, or earlier, if the maximum aggregate number of Common Stock has
been purchased. At that point, the Board intends to assess whether or not to
commence a further buyback, within the Board authority to repurchase up to 5%
of the Common Stock, based on the circumstances at the time and will provide
an update as appropriate.

 

Due to the limited liquidity in the issued Common Stock, a buyback of Common
Stock pursuant to the Authority on any trading day may represent a significant
proportion of the daily trading volume in the Common Stock on AIM and may
exceed 25 per cent of the average daily trading volume. Accordingly, the
Company will not benefit from the exemption contained in Article 5(1) of the
UK version of the Market Abuse Regulation (Regulation (EU) No 596/2014) as
incorporated into UK domestic law by virtue of the European Union (Withdrawal)
Act 2018.

 

Enquiries:

 Boku, Inc.
 Stuart Neal, Chief Executive Officer
 Robert Whittick, Chief Financial Officer

 Investec Bank plc (Nominated Adviser and Joint Broker)                    +44 (0)20 7597 5970
 Nick Prowting / Kamalini Hull / James Smith

 Peel Hunt LLP (Joint Broker)                                              +44 (0)20 7418 8900
 Neil Patel / Ben Cryer / Kate Bannatyne

 IFC Advisory Limited (Financial PR & IR)                                  +44 (0)20 3934 6630
 Tim Metcalfe / Graham Herring / Florence Chandler

Notes to Editors

Boku, Inc. (AIM: BOKU) is a leading global network of local payment methods.
Through a single integration, Boku provide access to a comprehensive network
of digital mobile wallets, direct carrier billing, and account to account
(A2A) real-time payments schemes - reaching over 7 billion customer payment
accounts worldwide.

Merchants that trust Boku to simplify sign-up, acquire new paying users and
prevent fraud include the world's largest technology, media and entertainment
companies.

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

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

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