Grant of Share Options

RNS Number : 6373S

Bango PLC

18 March 2021

 

18 March 2021

BANGO PLC

Grant of Share Options

Bango (AIM: BGO), the global platform for data-driven commerce, announces   that on 17 March 2021, in line with the established policy of allocating employee share options, the following Directors and PDMRs were granted options to subscribe for ordinary shares at the exercise price of 208 pence per share, being the closing price on 17 March 2021.

Executive Director	Title	Number of options	Exercise Price
Paul Larbey	CEO	100,000	208p
Ray Anderson	Executive Chair	50,000	208p
Anil Malhotra	CMO	50,000	208p
Matthew Garner	CFO	150,000	208p

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 Employee Share Option Scheme.

Contact Details:   

Bango PLC	FTI Consulting	Liberum (Nomad and Broker)
Tel. [phone]	Tel. [phone]	Tel. [phone]
Ray Anderson, Exec Chair	Rob Mindell	Cameron Duncan
Paul Larbey, CEO Matt Garner, CFO  Anil Malhotra, CMO	Darius Alexander	James Greenwood  E d Phillips Will King

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	Paul Larbey
2	Reason for notification
a)	Position/Status	Chief Executive Officer and 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 Share Option Plan GB00B0BRN552
b)	Nature of the transaction	Award of Share Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 208p 100,000
d)	Aggregated information -  Aggregated volume -  Price	N/A Single Transaction
e)	Date of the transaction	17 March 2021
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ray Anderson
2	Reason for notification
a)	Position/Status	Executive Chair and 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 Share Option Plan GB00B0BRN552
b)	Nature of the transaction	Award of Share Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 208p 50,000
d)	Aggregated information -  Aggregated volume -  Price	N/A Single Transaction
e)	Date of the transaction	17 March 2021
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	Chief Marketing Officer and 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 Share Option Plan GB00B0BRN552
b)	Nature of the transaction	Award of Share Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 208p 50,000
d)	Aggregated information -  Aggregated volume -  Price	N/A Single Transaction
e)	Date of the transaction	17 March 2021
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Matthew Jonathan Garner
2	Reason for notification
a)	Position/Status	Chief Financial Officer and 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 Share Option Plan GB00B0BRN552
b)	Nature of the transaction	Award of Share Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 208p 150,000
d)	Aggregated information -  Aggregated volume -  Price	N/A Single Transaction
e)	Date of the transaction	17 March 2021
f)	Place of the transaction	London Stock Exchange, AIM

About Bango

App developers, stores and payment providers cross the threshold into the Bango ecosystem to converge, grow and thrive.

By bringing businesses together and powering e-commerce 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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