Bango PLC Exercise of Warrants, Issue of Equity & TVR (7022Y)
May 14 2021 - 5:37AM
UK Regulatory
TIDMBGO
RNS Number : 7022Y
Bango PLC
14 May 2021
14 May 2021
BANGO PLC
Exercise of Warrants, Issue of Equity and Total Voting
Rights
Bango plc (AIM: BGO) ("Bango"), the global platform for
data-driven commerce, announces that warrants have been exercised
over 16,256 new ordinary shares of 20 pence each in Bango ("New
Ordinary Shares"), with an exercise price of 180 pence per share.
Proceeds of GBP29,260.80 have been received by Bango in respect of
this warrant exercise.
These warrants were issued in connection with Bango's
acquisition of Audiens SRL as announced on 24 January 2018.
Following this warrant exercise there remain 512,069 warrants over
Bango shares exercisable for a period of 10 years from the date of
acquisition (23 January 2018).
The New Ordinary Shares will rank pari passu in all respects
with Bango's existing Ordinary Shares.
Application has been made for 16,256 New Ordinary Shares to be
admitted to trading on AIM ("Admission") and it is expected that
Admission will occur on or around 19 May 2021.
Total Voting Rights
Following Admission, Bango's enlarged issued share capital is
expected to comprise 75,717,433 Ordinary Shares of 20 pence each,
with one voting right per share ("Ordinary Shares"). Bango does not
hold any Ordinary Shares in treasury and therefore the total number
of Ordinary Shares with voting rights in Bango is 75,717,433.
The above figure of 75,717,433 may be used by shareholders as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in, the share capital of Bango under the FCA's
Disclosure Guidance and Transparency Rules.
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
Paul Larbey, CEO Rob Mindell Cameron Duncan
Matt Garner, CFO Darius Alexander James Greenwood
Anil Malhotra, CMO E d Phillips
Will King
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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END
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