Directorate Change

RNS Number : 2009C

Bango PLC

27 September 2018

 

27 September 2018

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO BE PRICE SENSITIVE FOR THE PURPOSES OF THE MARKET ABUSE REGULATIONS

BANGO PLC

("Bango")

Directorate Change

Bango (AIM: BGO), the mobile commerce company, announces that Rachel Elias-Jones, Chief Financial Officer, will leave Bango on 12 November 2018 to take up a new position.

The Board has recruited an interim Chief Financial Officer who will start full time on 8 October to ensure an orderly transition.

Rachel leaves with the Board's appreciation and thanks for the substantial contribution she has made during her four years as Financial Controller and two years as CFO at Bango.

Bango is initiating a search for a permanent CFO and new Board member and will provide a further update in due course.

Ray Anderson, Chief Executive Officer at Bango, commented:  

"I thank Rachel for her contribution to the growth of Bango as a leader in mobile commerce, and her contributions to the strong Bango financial systems and success of Bango customers. End User Spend is twenty times higher than when she joined Bango, with Bango operating on a stable cost base as growth continues. Rachel will be an asset to her new company and we wish her well in her career."

Contact details:

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

About Bango

Cross the threshold into the thriving Bango ecosystem where merchants and payment providers converge, grow and thrive.

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

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

 

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