REG - Bango PLC - Director/PDMR Shareholding
11/04/2024 07:00
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RNS Number : 1123K Bango PLC 11 April 2024
BANGO PLC
("Bango" or the "Company")
Share Options Grant and Director/PDMR Dealings
Cambridge, UK, 11 April 2024 - Bango (AIM: BGO), announces that on 10 April
2024, in line with the established policy of allocating employee share
options, it has granted a total of 420,000 options to subscribe for ordinary
shares of 20 pence each in the capital of Bango ("Options"), to Directors
and Persons Discharging Managerial Responsibilities (PDMRs) of the Company as
detailed below.
Director / PDMR Role / Position Number of Options Granted
Paul Larbey Chief Executive Officer and Director 200,000
Raymond Anderson Executive Chair and Director 50,000
Anil Malhotra Chief Marketing Officer and Director 50,000
Matthew Garner Chief Financial Officer and Director 50,000
Wayne Griffiths Chief Operating Officer and PDMR 45,000
Rachel Christine Ellis Company Secretary and PDMR 25,000
All of the Options have an exercise price of 116 pence per share, being the
closing price on 9 April 2024 (the "Exercise Price") under the Bango
Employee Share Option Scheme. The options for the Executive Directors (being
Paul Larbey, Raymond Anderson, Anil Malhotra and Matthew Garner) vest after
three years, in one tranche, subject to the satisfaction of certain
performance conditions. All other options vest over a three-year period, in
twelve equal instalments, one twelfth each quarter. All options may be
exercised up to the tenth anniversary of the date of grant and have been
granted as part of The Bango Employee Share Option Scheme.
Contact Details:
Bango PLC Singer Capital Markets (Nominated Adviser and Broker)
+44 1223 617 387 +44 20 7496 3000
investors@bango.com (mailto:investors@bango.com)
Paul Larbey, CEO Harry Gooden
Matt Garner, CFO Jen Boorer
Asha Chotai
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/)
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 Options over Ordinary Shares of 20 pence each
Identification code GB00B0BRN552
b) Nature of the transaction Grant of Share Options pursuant to The Bango Employee Share Option Scheme.
c) Price(s) and volume(s) Price(s) Volume(s)
116p 200,000
d) Aggregated information N/A Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 10 April 2024
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
e)
Date of the transaction
10 April 2024
f)
Place of the transaction
Off market
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Raymond 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 Options over Ordinary Shares of 20 pence each
Identification code GB00B0BRN552
b) Nature of the transaction Grant of Share Options pursuant to The Bango Employee Share Option Scheme.
c) Price(s) and volume(s) Price(s) Volume(s)
116p 50,000
d) Aggregated information N/A Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 10 April 2024
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
e)
Date of the transaction
10 April 2024
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 Options over Ordinary Shares of 20 pence each
Identification code
GB00B0BRN552
b) Nature of the transaction Grant of Share Options pursuant to The Bango Employee Share Option Scheme
c) Price(s) and volume(s) Price(s) Volume(s)
116p 50,000
d) Aggregated information N/A Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 10 April 2024
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
e)
Date of the transaction
10 April 2024
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 Options over Ordinary Shares of 20 pence each
Identification code GB00B0BRN552
b) Nature of the transaction Grant of Share Options pursuant to The Bango Employee Share Option Scheme
c) Price(s) and volume(s) Price(s) Volume(s)
116p 50,000
d) Aggregated information N/A Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 10 April 2024
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
e)
Date of the transaction
10 April 2024
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 Options over Ordinary Shares of 20 pence each
Identification code GB00B0BRN552
b) Nature of the transaction Grant of Share Options pursuant to The Bango Employee Share Option Scheme
c) Price(s) and volume(s) Price(s) Volume(s)
116p 45,000
d) Aggregated information N/A Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 10 April 2024
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
e)
Date of the transaction
10 April 2024
f)
Place of the transaction
Off market
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Rachel Christine Ellis
2 Reason for notification
a) Position/Status Company Secretary 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 Options over Ordinary Shares of 20 pence each
Identification code GB00B0BRN552
b) Nature of the transaction Grant of Share Options pursuant to The Bango Employee Share Option Scheme
c) Price(s) and volume(s) Price(s) Volume(s)
116p 25,000
d) Aggregated information N/A Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 10 April 2024
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
e)
Date of the transaction
10 April 2024
f)
Place of the transaction
Off market
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