Bango PLC

Grant of Share Options

RNS Number : 6373S
Bango PLC
18 March 2021
 

18 March 2021

BANGO PLC

 

Grant of Share Options

 

Bango (AIM: BGO), the global platform for data-driven commerce, announces   that on 17 March 2021, in line with the established policy of allocating employee share options, the following Directors and PDMRs were granted options to subscribe for ordinary shares at the exercise price of 208 pence per share, being the closing price on 17 March 2021.

 

Executive Director

Title

Number of options

Exercise Price

Paul Larbey 

CEO

100,000

208p

Ray Anderson 

Executive Chair

50,000

208p

Anil Malhotra

CMO

50,000

208p

Matthew Garner

CFO

150,000

208p

 

 

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.

 

Contact Details:   

   

Bango PLC   

FTI Consulting  

Liberum (Nomad and Broker)

Tel. +44 1223 617 387

 

Tel. +44 203 727 1000 

Tel. +44 20 3100 2000

 

Ray Anderson, Exec Chair 

Rob Mindell 

Cameron Duncan 

Paul Larbey, CEO

Matt Garner, CFO 

Anil Malhotra, CMO 

Darius Alexander

 

James Greenwood 

E d Phillips

Will King

 

 

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

Paul Larbey

2

Reason for notification


a)

Position/Status

Chief Executive Officer and 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)

208p

100,000

 

d)

Aggregated information

Aggregated volume

Price

N/A Single Transaction

 

e)

Date of the transaction

17 March 2021

f)

Place of the transaction

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated


a)

Name

Ray Anderson

2

Reason for notification


a)

Position/Status

Executive Chair and 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)

208p

50,000

 

d)

Aggregated information

Aggregated volume

Price

N/A Single Transaction

 

e)

Date of the transaction

17 March 2021

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

Chief Marketing Officer and 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)

208p

50,000

 

d)

Aggregated information

Aggregated volume

Price

N/A Single Transaction

 

e)

Date of the transaction

17 March 2021

f)

Place of the transaction

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated


a)

Name

Matthew Jonathan Garner

2

Reason for notification


a)

Position/Status

Chief Financial Officer and 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)

208p

150,000

 

d)

Aggregated information

Aggregated volume

Price

N/A Single Transaction

 

e)

Date of the transaction

17 March 2021

f)

Place of the transaction

London Stock Exchange, AIM

 

 

About Bango

App developers, stores and payment providers cross the threshold into the Bango ecosystem to converge, grow and thrive.

By bringing businesses together and powering e-commerce 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 .

 

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