Grant of Options

RNS Number : 4474S

Bango PLC

17 March 2016

 

17 March 2016

BANGO PLC

("Bango" or "the Company")

Grant of Options

Bango (AIM: BGO), the mobile payments company, announces that on 16 March 2016, and in line with the previous policy of allocating employee share options to directors, the following directors were granted options to subscribe for ordinary shares of 20p each, all at the exercise price of 43 pence being the closing price on 16 March 2016.

Ray Anderson	CEO	50,000 options
Gerry Ticker	Strategic Partnerships Director	32,500 options
Anil Malhotra	CMO	50,000 options
Rachel Elias-Jones	CFO	100,000 options

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

 For Further information please contact:

Bango plc
Ray Anderson, CEO	[phone]
Gerry Tucker, CFO
Cenkos Securities plc	[phone]
Nick Tulloch/ Beth McKiernan
FTI Consulting
Chris Lane/ Rob Mindell/ Karen Tang	[phone]

About Bango

Bango's mobile payment platform is vital to the global growth in digital content sales. The giants of mobile choose the Bango Payment Platform to provide a delightful and immediate payment experience that maximizes sales of digital content.

With over 140 payment routes activated by our partners, the Bango Payment Platform is established as the global standard for app stores to offer carrier billing. As the next billion consumers pick up their first smartphone, Bango technology will be there to unlock the universe of apps, video, games and other content that bring those smartphones to life. Global leaders plugging into Bango include Amazon (NASDAQ: AMZN), BlackBerry (NASDAQ: BBRY), Facebook (NASDAQ: FB), Google (NASDAQ: GOOG), Samsung (005930: Korea SE), Microsoft (NASDAQ: MSFT) and Mozilla. Visit: bango.com

 

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