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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 / PDMR Role / Position Number of Share Options Granted
Paul Larbey Chief Executive Officer & Director 75,000
Ray Anderson Executive Chair & Director 20,000
Matthew Wilson Chief Financial Officer & Director 50,000
Rachel Ellis General Counsel & Company Secretary 12,000
Wayne Griffiths Chief Operating Officer 25,000
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/
(https://bangoinvestor.com/)
For further information, please contact:
Investor questions on this announcement https://bangoinvestor.com/
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
Singer Capital Markets (Nominated Adviser and Broker) +44 20 7496 3000
Jen Boorer
Asha Chotai
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/)
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 1. Paul Larbey
2. Ray Anderson
3. Matthew Wilson
4. Rachel Ellis
5. Wayne Griffiths
2 Reason for notification
a) Position/Status 1. 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/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)
1. 20p 75,000
2. 20p 20,000
3. 20p 50,000
4. 20p 12,000
5. 20p 25,000
d) Aggregated information N/A Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 9 June 2025
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
e)
Date of the transaction
9 June 2025
f)
Place of the transaction
Off market
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