Grant of Options

RNS Number : 2242U

Bango PLC

27 March 2019

 

27 March 2019

BANGO PLC

Grant of Options

Bango (AIM: BGO), the mobile commerce company, announces that on 27 March 2019, and in line with the established policy of allocating employee share options to Directors and employees, the following Directors and PDMRs were granted options to subscribe for ordinary shares at the exercise price of 92.5 pence being the closing price on 26 March 2019.

Executive Director	Title	Number of options	Exercise Price
Ray Anderson	CEO	50,000	92.5p
Anil Malhotra	CMO	50,000	92.5p
Carolyn Rand	CFO	50,000	92.5p

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 Bango Unapproved Employee Share Option Scheme.

 For further information please contact:

Bango PLC	FTI Consulting	Cenkos Securities PLC
Tel. [phone]	Tel. [phone]	Tel. [phone]
Ray Anderson, CEO Carolyn Rand, CFO Anil Malhotra, CMO	Matt Dixon Rob Mindell	Beth McKiernan Neil McDonald Peter Lynch

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	Ray Anderson
2	Reason for notification
a)	Position/Status	PDMR - 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 Identification code	Options under the Bango Unapproved Share Option Plan GB00B0BRN552
b)	Nature of the transaction	Award of Share Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 92.5p 50,000
d)	Aggregated information -       Aggregated volume -       Price	N/A Single Transaction
e)	Date of the transaction	27 March 2019
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Anil Malhotra
2	Reason for notification
a)	Position/Status	PDMR - 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 Identification code	Options under the Bango Unapproved Share Option PlanGB00B0BRN552
b)	Nature of the transaction	Award of Share Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 92.5p 50,000
d)	Aggregated information -       Aggregated volume -       Price	N/A Single Transaction
e)	Date of the transaction	27 March 2019
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Carolyn Rand
2	Reason for notification
a)	Position/Status	PDMR - 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 Identification code	Options under the Bango Unapproved Share Option Plan GB00B0BRN552
b)	Nature of the transaction	Award of Share Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 92.5p 50,000
d)	Aggregated information -       Aggregated volume -       Price	N/A Single Transaction
e)	Date of the transaction	27 March 2019
f)	Place of the transaction	London Stock Exchange, AIM

About Bango

Merchants, app store and payment providers cross the threshold into the Bango ecosystem to converge, grow and thrive.

By bringing businesses together and powering e-commence with unique data-driven insights, Bango delivers new business opportunities and new dimensions of growth for customers around the world. Being inside the Bango circle means global merchants including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) can work together with payment partners from Africa to the Americas, accelerating the performance of everyone on the inside.

Bango. Think inside the circle. For more information, visit www.bango.com.

 

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