TIDMBGO

RNS Number : 8779P

Bango PLC

23 June 2022

BANGO PLC

("Bango")

Bango signs agreement with global technology leader

23 June, 2022 - Bango (AIM: BGO) today announces it has signed an agreement with a leading, multinational technology company.

Under the terms of this Agreement, the new Bango partner can use the Bango Platform to provide carrier billing and bundling services for its app store payments and subscription services.

The Agreement is subject to the partner's standard terms of business for suppliers. The board does not expect this agreement to alter Bango's financial expectations for FY22 but will continue to review the potential impact in FY23 and beyond, as the relationship develops.

The information contained within this announcement is deemed by Bango to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019. Upon the publication of this announcement, this inside information is now considered to be in the public domain. The person responsible for making this announcement on behalf of Bango is Paul Larbey, Chief Executive Officer.

Contact Details:

 
Bango PLC                Liberum Capital 
Tel. +44 1223 617387     Tel. +44 20 3100 2000 
 E. investors@bango.com 
 
Paul Larbey, CEO         Cameron Duncan 
 Matt Garner, CFO         James Greenwood 
 Anil Malhotra, CMO       Will King 
 Rebecca Jamieson, IR 
 
 

About Bango

The world's largest online merchants, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT), use Bango technology to acquire more paying users.

Bango has developed unique purchase behavior technology that enables millions more users to buy the products and services they want, using innovative methods of payment including carrier billing, digital wallets and subscription bundling. Bango harnesses this purchase activity into valuable marketing segments, called Bango Audiences. Merchants use these audiences to target their marketing at paying customers based on their purchase behavior. Better targeting increases spend through the Bango payments business, in turn generating more data insights, creating a powerful virtuous circle that drives continuous growth. Everyone connected to the Bango Platform thrives as the virtuous circle grows.

Bango, the technology behind every payment choice. For more information, visit www.bangoinvestor.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

AGRFFFFIRVIFFIF

(END) Dow Jones Newswires

June 23, 2022 02:00 ET (06:00 GMT)

Bango (LSE:BGO)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Bango Charts.
Bango (LSE:BGO)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Bango Charts.