Share Option Grant

RNS Number : 0878B

Bango PLC

20 October 2009

 



20 October 2009

BANGO PLC
("Bango" or the "Company")

Share Option Grant

Bango plc, announces that on 01 October 2009 under the Company's Unapproved Share Option Scheme, Peter Saxton was granted the following number of options to subscribe for ordinary shares of 20p each in the Company all at the exercise price of 44.5p being the closing mid-market price on 30 September 2009.

Director	Position	Number of Options Granted
Peter Saxton	Chief Financial Officer	31,250

The options vest over a three year period, in twelve equal instalments, one twelfth each quarter and may be exercised up to the tenth anniversary of the date of grant.

For further information please contact: 

Bango plc	ICIS	Panmure Gordon & Co
Tel. [phone]  www.bango.com	Tel. [phone]	Tel. [phone]
Ray Anderson, CEO	Caroline Evans-Jones	Aubrey Powell
Peter Saxton, CFO	Fiona Conroy	Stuart Gledhill

About Bango 

Bango (AIM: BGO) provides a mobile web payment service that enables businesses of all sizes to collect payment for music, games, applications, videos and services sold to internet connected mobile phone users. Bango's service is able to charge these payments to the consumer's mobile phone bill or use other billing methods such as credit card based on intelligence about the consumer.  

Bango also provides an analytics service for mobile web sites that provides accurate information about visitors and measures the effectiveness of marketing activities.

Visit www.bango.com.

---

 

END

 

 

RDSFGMZGMGLGLZM