Grant of Options

RNS Number : 9535A

Bango PLC

27 March 2013

 



27 March 2013

BANGO PLC

("Bango" or the "Company")

Grant of Options

Bango (AIM: BGO), the mobile web payments and analytics company, announces that on 26 March 2013 Gerry Tucker, Chief Financial Officer, was granted the following number of options to subscribe for ordinary shares of 20p each, all at the exercise price of 232.0 pence being the closing mid-market price on 25 March 2013.

Director	Gerry Tucker
Position	Chief Financial Officer
Number of Options Granted	132,500 (of which 107,526 were granted under the EMI Share Option Scheme and the remaining 24,974 under the Unapproved Share Option Scheme)

The options vest over a three year period, in twelve equal installments, one twelfth each quarter and may be exercised up to the tenth anniversary of the date of grant. The options have been granted as part of the Directors remuneration package.

Contact Details:

Bango plc	Newgate Threadneedle	Cenkos Securities plc
Tel. [phone] www.bango.com	Tel. [phone]	Tel. [phone]
Ray Anderson, CEO	Caroline Evans-Jones	Ken Fleming
Gerry Tucker, CFO	Fiona Conroy	Neil McDonald

About Bango

In the era of mobile technology, collecting payments has emerged as a central and complex challenge. Bango (AIM: BGO) powers payment and analytics on the mobile web, providing users with a massively smooth payment experience.

Bango's pervasive presence across the web creates a platform effect for partners, identifying hundreds of millions of users and maximizing the number of one-click payments. Global leaders plug into Bango: customers include Facebook, BlackBerry World, Windows Phone Store, Amazon and major mobile brands including CNN, Cartoon Network and EA Mobile. Visit: bango.com

 

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