REG - Bango PLC - Bango signs agreement with global tech leader

BangoAnnouncement

23/06/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220623:nRSW8779Pa&default-theme=true

RNS Number : 8779P  Bango PLC  23 June 2022

BANGO PLC

 

("Bango")

 

Bango signs agreement with global technology leader

 

 

23 June, 2022 - Bango (AIM: BGO) today announces it has signed an agreement
with a leading, multinational technology company.

 

Under the terms of this Agreement, the new Bango partner can use the Bango
Platform to provide carrier billing and bundling services for its app store
payments and subscription services.

 

The Agreement is subject to the partner's standard terms of business for
suppliers. The board does not expect this agreement to alter Bango's financial
expectations for FY22 but will continue to review the potential impact in FY23
and beyond, as the relationship develops.

 

The information contained within this announcement is deemed by Bango to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit)
Regulations 2019. Upon the publication of this announcement, this inside
information is now considered to be in the public domain. The person
responsible for making this announcement on behalf of Bango is Paul Larbey,
Chief Executive Officer.  

 

 

 

 

Contact Details:

 

 Bango PLC                  Liberum Capital
 Tel. +44 1223 617387       Tel. +44 20 3100 2000

 E. investors@bango.com

 Paul Larbey, CEO           Cameron Duncan

 Matt Garner, CFO           James Greenwood

 Anil Malhotra, CMO         Will King

 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

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  AGRFFFFIRVIFFIF