Grant of Options

RNS Number : 5869O

Bango PLC

02 October 2019

 

2 October 2019

BANGO PLC

Grant of Options

Bango (AIM: BGO), the mobile commerce company, announces that on 1 October 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 128.5 pence being the closing price on 1 October 2019.

Executive Director	Title	Number of options	Exercise Price
Ray Anderson	CEO	50,000	128.5p
Anil Malhotra	CMO	50,000	128.5p
Carolyn Rand	CFO	50,000	128.5p

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 Employee Share Option Scheme.

 For further information please contact:

Bango PLC	FTI Consulting	finnCap Ltd
Tel. [phone]	Tel. [phone]	Tel. [phone]
Ray Anderson, CEO Carolyn Rand, CFO Anil Malhotra, CMO	Matt Dixon Darius Alexander	Marc Milmo James Thompson Matthew Radley

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 Share Option Plan GB00B0BRN552
b)	Nature of the transaction	Award of Share Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 128.5p 50,000
d)	Aggregated information -       Aggregated volume -       Price	N/A Single Transaction
e)	Date of the transaction	1 October 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 Share Option Plan GB00B0BRN552
b)	Nature of the transaction	Award of Share Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 128.5p 50,000
d)	Aggregated information -       Aggregated volume -       Price	N/A Single Transaction
e)	Date of the transaction	1 October 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 Share Option Plan GB00B0BRN552
b)	Nature of the transaction	Award of Share Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 128.5p 50,000
d)	Aggregated information -       Aggregated volume -       Price	N/A Single Transaction
e)	Date of the transaction	1 October 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.

 

END

 

 

DSHDLLFBKBFLFBF