Bango PLC Bango signs agreement with global tech leader (8779P)
June 23 2022 - 1:00AM
UK Regulatory
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
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June 23, 2022 02:00 ET (06:00 GMT)
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