4 April 2023
BANGO PLC
("Bango" or the "Company")
Share Options Grant and Director/PDMR Dealings
Bango (AIM: BGO), the global platform for data-driven commerce, announces that on 03 April 2023, in line with the established policy of allocating employee share options, the following PDMRs were granted options to subscribe for ordinary shares of 20 pence each in the capital of Bango ("Ordinary Shares") at an exercise price of 208.5 pence per share, being the closing price on 31 March 2023 (the "Exercise Price") under the Bango Employee Share Option Scheme.
| Executive Director | Title | Number of options | Exercise Price |
| Paul Larbey | CEO | 200,000 | 208.5p |
| Ray Anderson | Executive Chair | 50,000 | 208.5p |
| Anil Malhotra | CMO | 50,000 | 208.5p |
| Matthew Garner | CFO | 50,000 | 208.5p |
| Wayne Griffiths | COO | 45,000 | 208.5p |
Contact Details:
| Bango PLC | Singer Capital Markets (Nominated Adviser and Joint Broker) |
| Stifel Nicolaus Europe Limited (Joint Broker) |
| +44 1223 617 387 | +44 20 7496 3000 | | +44 20 7710 7600 |
| | | | |
| | | | |
| Paul Larbey, CEO | Harry Gooden | | Nick Adams |
| Matt Garner, CFO | Jen Boorer | | Alex Price |
| Anil Malhotra, CMO | Asha Chotai | | Ben Burnett |
| Rebecca Jamieson, IR | | | |
About Bango
The world's largest online merchants, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT), use Bango technology to acquire more paying users.
Bango has developed unique purchase behavior technology that enables millions more users to buy the products and services they want, using innovative methods of payment including carrier billing, digital wallets and subscription bundling. Bango harnesses this purchase activity into valuable marketing segments, called Bango Audiences. Merchants use these audiences to target their marketing at paying customers based on their purchase behavior. Better targeting increases spend through the Bango payments business, in turn generating more data insights, creating a powerful virtuous circle that drives continuous growth. Everyone connected to the Bango Platform thrives as the virtuous circle grows.
Bango, the technology behind every payment choice. For more information, visit www.bangoinvestor.com
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities/person closely associated |
| ||||
| a) | Name | Paul Douglas Larbey | ||||
| 2 | Reason for notification |
| ||||
| a) | Position/Status | Chief Executive Officer and Director | ||||
| b) | Initial notification/Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| ||||
| a) | Name | Bango PLC | ||||
| b) | LEI | 213800V5MWHQCL7RF574 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| ||||
| a) | Description of the financial instrument, type of instrument Identification code | Options over Ordinary Shares of 20 pence each GB00B0BRN552 | ||||
| b) | Nature of the transaction | Grant of Share Options pursuant to The Bango Employee Share Option Scheme. | ||||
| c) | Price(s) and volume(s)
|
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction
| ||||
| e) | Date of the transaction | 03 April 2023 | ||||
| f) | Place of the transaction | Off market |
| 1 | Details of the person discharging managerial responsibilities/person closely associated |
| ||||
| a) | Name | Ray Anderson | ||||
| 2 | Reason for notification |
| ||||
| a) | Position/Status | Executive Chair and Director | ||||
| b) | Initial notification/Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| ||||
| a) | Name | Bango PLC | ||||
| b) | LEI | 213800V5MWHQCL7RF574 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| ||||
| a) | Description of the financial instrument, type of instrument Identification code | Options over Ordinary Shares of 20 pence each GB00B0BRN552 | ||||
| b) | Nature of the transaction | Grant of Share Options pursuant to The Bango Employee Share Option Scheme. | ||||
| c) | Price(s) and volume(s)
|
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction
| ||||
| e) | Date of the transaction | 03 April 2023 | ||||
| f) | Place of the transaction | Off market |
| 1 | Details of the person discharging managerial responsibilities/person closely associated |
| ||||
| a) | Name | Anil Malhotra | ||||
| 2 | Reason for notification |
| ||||
| a) | Position/Status | Chief Marketing Officer and Director | ||||
| b) | Initial notification/Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| ||||
| a) | Name | Bango PLC | ||||
| b) | LEI | 213800V5MWHQCL7RF574 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| ||||
| a) | Description of the financial instrument, type of instrument Identification code
| Options over Ordinary Shares of 20 pence each
GB00B0BRN552 | ||||
| b) | Nature of the transaction | Grant of Share Options pursuant to The Bango Employee Share Option Scheme | ||||
| c) | Price(s) and volume(s)
|
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction
| ||||
| e) | Date of the transaction | 03 April 2023 | ||||
| f) | Place of the transaction | Off market |
| 1 | Details of the person discharging managerial responsibilities/person closely associated |
| ||||
| a) | Name | Matthew Jonathan Garner | ||||
| 2 | Reason for notification |
| ||||
| a) | Position/Status | Chief Financial Officer and Director | ||||
| b) | Initial notification/Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| ||||
| a) | Name | Bango PLC | ||||
| b) | LEI | 213800V5MWHQCL7RF574 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| ||||
| a) | Description of the financial instrument, type of instrument Identification code | Options over Ordinary Shares of 20 pence each GB00B0BRN552 | ||||
| b) | Nature of the transaction | Grant of Share Options pursuant to The Bango Employee Share Option Scheme | ||||
| c) | Price(s) and volume(s)
|
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction
| ||||
| e) | Date of the transaction | 03 April 2023 | ||||
| f) | Place of the transaction | Off market |
| 1 | Details of the person discharging managerial responsibilities/person closely associated |
| ||||
| a) | Name | Wayne Griffiths | ||||
| 2 | Reason for notification |
| ||||
| a) | Position/Status | Chief Operating Officer and PDMR | ||||
| b) | Initial notification/Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| ||||
| a) | Name | Bango PLC | ||||
| b) | LEI | 213800V5MWHQCL7RF574 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| ||||
| a) | Description of the financial instrument, type of instrument Identification code
| Options over Ordinary Shares of 20 pence each GB00B0BRN552
| ||||
| b) | Nature of the transaction | Grant of Share Options pursuant to The Bango Employee Share Option Scheme | ||||
| c) | Price(s) and volume(s)
|
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction
| ||||
| e) | Date of the transaction | 03 April 2023 | ||||
| f) | Place of the transaction | Off market |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
