Grant of Options

RNS Number : 7659D

Bango PLC

28 March 2011

 



28^th March 2011

BANGO PLC

("Bango" or "the Company")

Grant of Options

Bango plc (AIM:BGO.L), the mobile web payments and analytics company, announces that on 17th March 2011 under the Company's Unapproved Share Option Scheme, Peter Saxton, a Director of the Company, was granted the following number of options to subscribe for ordinary shares of 20p each in the Company all at the exercise price of 82.5p being the closing mid-market price on 16^th March 2011.
 

Director	Peter Saxton
Position	Chief Financial Officer
Number of Options Granted	31,250

The options vest over a three year period, in twelve equal instalments, one twelfth each quarter and may be exercised up to the tenth anniversary of the date of grant.

Contact Details:

Bango plc	Threadneedle Communications	Cenkos Securities plc
Tel. [phone] www.bango.com	Tel. [phone]	Tel. [phone]
Ray Anderson, CEO	Caroline Evans-Jones	Ken Fleming
Peter Saxton, CFO	Fiona Conroy	Beth McKiernan

About Bango

Bango (AIM: BGO) provides technology that enables commerce on the mobile web.

Bango enables businesses of all sizes to collect payment for music, games, applications, videos and services sold to internet connected mobile phone users.  Bango is able to charge payments to mobile phone bills or use other billing methods such as credit card based on intelligence about the consumer. Bango also provides an analytics service that provides accurate information about visitors and the effectiveness of marketing activities for mobile web sites.

Visit www.bango.com.

 

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