REG - Bango PLC - Directorate Change

BangoAnnouncement

20/01/2025 07:00

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RNS Number : 8508T  Bango PLC  20 January 2025

Bango PLC

 

("Bango" or the "Company")

 

New CFO Appointment and Board Change

 

 

Cambridge, UK, 20 January 2025 - Bango (AIM: BGO) is pleased to announce that
Matt Wilson has been appointed to the Board of Directors as Chief Financial
Officer, with immediate effect, replacing Matt Garner who has today retired as
CFO and from the Board of Directors.

 

In addition to this announcement, the Company has today issued an FY24 Trading
Update (see "Trading Update" at www.bangoinvestor.com).

 

Matt Wilson brings 17 years of international corporate finance experience
across various industries. Previously, he was Group CFO of TFG London, as well
as CFO of AllSaints, in the retail and consumer sector. Prior to that, he
spent his career in private equity and investment banking. He is a certified
Associate Chartered Management Accountant and holds a Masters Degree in
Physics from the University of Oxford.

 

Matt Garner will work to support a smooth transition to Matt Wilson over the
coming months.

 

Paul Larbey, CEO of Bango commented: "I would like to thank Matt Garner for
his hard work and valuable contribution over the past four years, during which
Bango launched the Digital Vending Machine® and successfully acquired and
integrated DOCOMO Digital. With the integration behind us and the DVM going
from strength to strength, I am excited to welcome Matt Wilson to Bango. His
extensive financial leadership experience and discipline will play a key role
in the next phase of our growth journey".

 

Matt Wilson, newly appointed CFO of Bango commented: "I am thrilled to join
Bango at such an exciting time. The Digital Vending Machine is a unique
product in a fast-growing market that Bango is strongly positioned to lead."

 

Additional Information

 

Matthew Phillip Wilson (aged 38) is, or has been, a director or partner of
the following companies or partnerships during the previous five years:

 

 Current directorships/partnerships  Previous directorships/partnerships
 ·      N/A                          ·      AllSaints Hub Limited

                                     ·      AllSaints Netherlands BV

                                     ·      All Saints Retail Limited

                                     ·      All Saints Retail LLC

                                     ·      AllSaints USA Limited

                                     ·      AllSaints Ventures Limited

                                     ·      AllSaints Wholesale Limited

                                     ·      Cameron TopCo Limited

                                     ·      Dress HoldCo C Limited

                                     ·      Dress HoldCo 4 Limited

                                     ·      Energy Leasehold Limited

                                     ·      Energy PropCo Limited

                                     ·      Energy TopCo Limited

                                     ·      Hobbs Fashion Holdings Limited

                                     ·      Hobbs Holdings No.2 Limited

                                     ·      Hobbs Holdings No.4 Limited

                                     ·      Hobbs Limited

                                     ·      Hobbs (Middle East) Limited

                                     ·      Inhoco 2756 Limited

                                     ·      Klotho Brands Limited

                                     ·      Lion Capital General Partner LLP

                                     ·      Lion Capital LLP

                                     ·      Lion/Heaven UK Limited

                                     ·      Patsy Seddon Limited

                                     ·      Phase Eight (Belgium) Limited

                                     ·      Phase Eight (Canada) Limited

                                     ·      Phase Eight (Deutschland) Limited

                                     ·      Phase Eight (Fashion & Designs) Limited

                                     ·      Phase Eight (Germany) Limited

                                     ·      Phase Eight (International) Limited

                                     ·      Phase Eight (Japan) Limited

                                     ·      Phase Eight (Norway) Limited

                                     ·      Phase Eight (SE Asia) Ltd

                                     ·      Phase Eight (Sweden) Limited

                                     ·      Phase Eight (UAE) Limited

                                     ·      Poppy Holdco Limited

                                     ·      TFG Brands (London) Limited

                                     ·      TFG Homeware Limited

                                     ·      TFG London (Concessions) Limited

                                     ·      Whistles Acquisitions Limited

                                     ·      Whistles Limited

                                     ·      WHNL Limited

                                     ·      Whistles Holdings Limited

 

Matt Wilson was appointed as a director to each of All Saints Retail
Limited and AllSaints USA Limited, on 4 April 2018 and 3 July
2019 respectively. He subsequently resigned as a director of both
companies on 31 July 2021. In July 2020, All Saints Retail Limited
and AllSaints USA Limited both approved corporate voluntary arrangements
("CVAs") due to the detrimental impacts of Covid-19 and the business
interruption caused by associated lockdowns. The CVAs were subsequently
completed in July 2023. Under the CVAs, the estimated return for
creditors for both companies ranged from 3 pence to 100 pence in the
pound depending on the category of creditor. All Saints Retail Limited
and AllSaints USA Limited remain on the Register of Companies.

 

 

Save as set out above, there are no disclosures in respect of the appointment
of Matt Wilson to be made under paragraph (g) of Schedule Two of the AIM Rules
for Companies.

 

ENDS

 

 

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                                  Jen Boorer
 Matt Wilson, CFO                                  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/)

 

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