TIDMBGO

RNS Number : 1017A

Bango PLC

21 March 2017

21 March 2017

BANGO PLC

("Bango" or "the Company")

Grant of Options

Bango (AIM: BGO), the mobile payments company, announces that on 21 March 2017, 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 at the exercise price of 114.5 pence being the closing price on 20 March 2017.

 
 Ray Anderson         CEO   50,000 options 
 Anil Malhotra        CMO   50,000 options 
 Rachel Elias-Jones   CFO   50,000 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            FTI Consulting         Cenkos Securities 
                                             PLC 
  Tel. +44 333 077   Tel. +44 203 727 1000    Tel. +44 131 220 
   0247                                        6939 
Ray Anderson, CEO    Matt Dixon             Nick Tulloch 
Rachel Elias-Jones,  Chris Lane             Beth Mckiernan 
 CFO                  Rob Mindell            Neil McDonald 
 Anil Malhotra, CMO

About Bango

Bango is the standard platform chosen by leading global stores to deliver mobile payments to everyone. As the next billion consumers adopt their first smartphone and look for universal payment methods, Bango will be there to unlock the world of apps, video, music, games and other content that brings those smartphones to life. Global stores plugging into the Bango Payment Platform include Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG), Samsung (005930: Korea SE) and Microsoft (NASDAQ: MSFT). Bango also partners with leading payment providers around the world to drive new users and revenues through its industry-leading mobile payment solutions. For more information, visit www.bango.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

March 21, 2017 11:00 ET (15:00 GMT)

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