Director Shareholding & Grant of Options

RNS Number : 8223P

Bango PLC

07 October 2013

 



07 October 2013

BANGO PLC

("Bango" or the "Company")

Director Shareholding

Grant of Options

Bango (AIM: BGO), the mobile web payments and analytics company, has been informed on 4 October 2013 that Gerry Tucker, CFO of Bango, purchased on that day 1,857 Ordinary Shares at a price of 133.25 pence per share and 1,903 Ordinary Shares at a price of 130.00 pence per share.

Also on 4 October 2013, Mr Tucker was granted 32,500 options to subscribe for ordinary shares of 20p each, all at the exercise price of 126.0 pence being the closing mid-market price on 3 October 2013. 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.

Following these share purchases, Mr Tucker has a total holding of 8,231 ordinary shares in the Company and is the beneficial owner of 165,000 share options.

For Further information please contact:

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

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 plugging into Bango include: Amazon (NASDAQ: AMZN), Blackberry World (NASDAQ: BBRY), Facebook (NASDAQ: FB), Firefox Marketplace, Google Play, Windows Phone Store (NASDAQ: MSFT) and major mobile brands including CNN, Cartoon Network and EA Mobile. Visit: bango.com

 

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