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Director/PDMR Shareholding

RNS Number : 2293M

Bango PLC

10 June 2025

 

 

 

 

 

BANGO PLC

 

("Bango" or the "Company")

 

Share Options Grant and Director/PDMR Dealings

 

 

Cambridge, UK, 10 June 2025 - Bango (AIM: BGO), announces that, in line with the established policy of allocating employee share options, certain Directors and employees were granted options ("Share Options") to subscribe for ordinary shares of 20 pence each in the capital of Bango ("Ordinary Shares") at the nominal value of 20 pence per Ordinary Share under the Bango Employee Share Option Scheme. Details of those Persons Discharging Managerial Responsibilities (PDMRs) who were granted Share Options can be found below:

 

Director / PDMRRole / PositionNumber of Share Options Granted
Paul LarbeyChief Executive Officer & Director75,000
Ray AndersonExecutive Chair & Director20,000
Matthew WilsonChief Financial Officer & Director50,000
Rachel EllisGeneral Counsel & Company Secretary12,000
Wayne GriffithsChief Operating Officer25,000
    All Share Options vest in one tranche after 3 years from date of issue and may be exercised up to the seventh anniversary of the date of grant and have been granted as part of The Bango Employee Share Option Scheme.   The vesting of Share Options for the Executive Directors is subject to certain performance conditions being met. The number of vested Share Options can be less than those listed above depending on the result of the performance condition measurement. Performance conditions have been set against both share price and revenue growth.     ENDS     Engage with the Bango management team directly by asking questions, watching video
summaries and seeing what other shareholders have to say. Navigate to our interactive Investor hub here: https://bangoinvestor.com/   For further information, please contact:  
Investor questions on this announcement
We encourage all investors to share questions on this announcement via our investor hub
https://bangoinvestor.com/
Bango PLC
Paul Larbey, CEO
Matt Wilson, CFO
+44 1223 617 387
Singer Capital Markets (Nominated Adviser and Broker)
Jen Boorer
Asha Chotai
+44 20 7496 3000
  Subscribe to our news alert service: https://bangoinvestor.com/auth/signup   About Bango   Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.    The world's largest content providers, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) trust Bango technology to reach subscribers everywhere.     Bango, where people subscribe. For more information, visit www.bangoinvestor.com        Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them  
1Details of the person discharging managerial responsibilities/person closely associated
a)Name1. Paul Larbey
2. Ray Anderson
3. Matthew Wilson
4. Rachel Ellis
5. Wayne Griffiths
2Reason for notification
a)Position/Status1. Chief Executive Officer & Director
2. Executive Chair & Director
3. Chief Financial Officer & Director
4. General Counsel & Company Secretary
5. Chief Operating Officer
b)Initial notification/AmendmentInitial Notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameBango PLC
b)LEI213800V5MWHQCL7RF574
4Details 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
Optionsover Ordinary Shares of20 penceeach
GB00B0BRN552
b)Nature of the transactionGrant of Share Options pursuant toThe Bango Employee Share Option Scheme.
c)Price(s) and volume(s)
Price(s)Volume(s)
1.20p75,000
2.20p20,000
3.20p50,000
4.20p12,000
5.20p25,000
d)Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
e)Date of the transaction9 June 2025
f)Place of the transactionOff market
    This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. 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.   END     DSHFBLFFEQLBBBF

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