REG - Bango PLC - Appointment of Chair & Directorate Change

BangoAnnouncement

12/05/2026 07:00

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RNS Number : 8666D  Bango PLC  12 May 2026

 

BANGO PLC

 

("Bango")

 

Appointment of Chair & Directorate Change

 

 

Cambridge, UK, 12 May 2026 - Bango (AIM: BGO), is pleased to announce the
appointment of Darcy Antonellis as Non-Executive Independent Chair of the
Board, with effect from the conclusion of the Annual General Meeting "AGM",
details of which will be announced shortly. Darcy will succeed Ray Anderson,
who will step down from the role of Executive Chair at the AGM and will remain
on the Board as a Non-Executive Founder Director.

 

Darcy Antonellis has served as a Non-Executive Independent Director of Bango
since September 2023 and has played an important role in strengthening
governance, Board evaluation and strategic oversight. She brings extensive
executive and non-executive board level experience in public companies across
technology, media and digital platform businesses. Darcy currently serves on
the Boards of Cinemark (NYSE:CNK) and Xperi (NYSE: XPER), with committee
member roles in audit and nominations and having chair roles in remuneration,
strategic planning and technology innovation.

 

Commenting on her new role, Darcy Antonellis, incoming Chair said:

 

"Having spent a career in large technology and media companies, I am excited
about the role Bango plays in the developing subscription economy. By
providing brand exposure and bundling economics to scaled consumer bases,
distributors, subscription services and consumers all benefit.

 

I would also like to thank Ray for his enduring commitment and passion
supporting Bango's strategy and vision."

 

Directorate Change

 

Tony Perkins has informed the Board that he will not seek re-election as a
Director at the AGM and will step down from the Board at the conclusion of the
AGM to meet increasing commitments in his consultancy business. Tony served as
Senior Independent Director and Chair of the Audit and Risk Committee during a
period of substantial operational and financial evolution for the business.

 

Bango has commenced a process to appoint a new Non-Executive Director and
Audit Committee Chair.

 

Ray Anderson, Executive Chair of Bango, said:

 

"These changes position Bango for its next phase of growth.  Darcy brings
deep governance and international leadership experience in aligning complex
stakeholder groups around long-term strategic opportunities.

 

I would like to thank Tony for his commitment and expertise during an
important period in Bango's evolution.

 

As founder of Bango, I am more excited about the long-term opportunity of the
business today than at any point in its history. The combination of a highly
scalable platform, growing ecosystem momentum and an increasingly important
role within the global subscriptions market creates an exceptional opportunity
for Bango in the years ahead. I look forward to continuing to work as a member
of the Board to support Bango through the next phase, creating long-term
shareholder value."

 

Paul Larbey, CEO of Bango commented:

 

"I am pleased that Darcy has accepted the role as Chair. Having worked with
her on the Board for over two years, I believe she is exceptionally well
placed to support Bango through its next phase of growth. Her experience
across global technology and digital platform businesses, combined with her
governance and strategic expertise, will be invaluable as we continue to scale
the business and focus on delivering long-term profitable growth."

 

This announcement contains inside information for the purposes of article 7 of
the Market Abuse Regulation (EU) 596/2014 which is part of UK law by virtue of
the European Union (Withdrawal) Act 2018. The person responsible for arranging
release of this announcement on behalf of Bango is Paul Larbey, Chief
Executive Officer.

 

 

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/
(https://bangoinvestor.com/link/8r6N0r)

 

For further information, please contact:

 

 Investor questions on this announcement                    https://bangoinvestor.com/auth/signup

                                                         (https://bangoinvestor.com/auth/signup)

 We encourage all investors to share questions

 on this announcement via our investor hub

 Bango PLC                                                 +44 1223 617 387

 Paul Larbey, CEO

 Matt Wilson, CFO
                                                           +44 20 7496 3000

 Singer Capital Markets (Nominated Adviser and Broker)

 Jen Boorer

 Daniel Ingram

 Carl Diebitsch
                                                           +44 (0)20 7523 8000

 Canaccord Genuity (Joint Broker)

 Simon Bridges

 Harry Gooden

 George Grainger

 

Subscribe to our news alert service: https://bangoinvestor.com/auth/signup
(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 (http://www.bangoinvestor.com/)

 

 

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