RNS Number : 4148H
Bango PLC
08 October 2024
 

 

 

 

 

BANGO PLC

 

("Bango" or the "Company")

 

Share Options Grant and Director/PDMR Dealings

 

 

Cambridge, UK, 8 October 2024 - Bango (AIM: BGO), announces that on 1 October 2024, in line with the established policy of allocating employee share options, certain Directors and employees (as listed in the table below) were granted options to subscribe for ordinary shares of 20 pence each in the capital of Bango ("Ordinary Shares") at an exercise price of 115 pence per share, being the closing price on 30 September 2024 (the "Exercise Price") under the Bango Employee Share Option Scheme. 

The options for the Executive Directors vest after three years, in one tranche, subject to the satisfaction of certain performance conditions. All other options vest over a three-year period, in twelve equal instalments, one twelfth each quarter. All options may be exercised up to the tenth anniversary of the date of grant and have been granted as part of The Bango Employee Share Option Scheme.

 

Contact Details:  

 

Bango PLC  

Singer Capital Markets (Nominated Adviser and Broker) 

+44 1223 617 387  

+44 20 7496 3000 

investors@bango.com 




Paul Larbey, CEO 

Jen Boorer 

Matt Garner, CFO  

Asha Chotai 

  

About Bango

 

Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers. 

 

The world's largest content providers, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) trust Bango technology to reach subscribers everywhere.  

 

Bango, where people subscribe. For more information, visitwww.bangoinvestor.com 

 

 



 

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 Douglas 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 over Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

Grant of Share Options pursuant to The Bango Employee Share Option Scheme.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

115p

200,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

1 October 2024

f)

Place of the transaction

Off market

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Raymond 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 over Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

Grant of Share Options pursuant to The Bango Employee Share Option Scheme.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

115p

50,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

1 October 2024

f)

Place of the transaction

Off market

 

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 over Ordinary Shares of 20 pence each

 

GB00B0BRN552

b)

Nature of the transaction

Grant of Share Options pursuant to The Bango Employee Share Option Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

115p

50,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

1 October 2024

f)

Place of the transaction

Off market

 

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 over Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

Grant of Share Options pursuant to The Bango Employee Share Option Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

115p

50,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

1 October 2024

f)

Place of the transaction

Off market

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Wayne Griffiths

2

Reason for notification

 

a)

Position/Status

Chief Operating Officer and PDMR

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 over Ordinary Shares of 20 pence each

GB00B0BRN552

 

b)

Nature of the transaction

Grant of Share Options pursuant to The Bango Employee Share Option Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

115p

45,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

1 October 2024

f)

Place of the transaction

Off market

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Rachel Christine Ellis

2

Reason for notification

 

a)

Position/Status

Company Secretary and PDMR

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 over Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

Grant of Share Options pursuant to The Bango Employee Share Option Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

115p

25,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

1 October 2024

f)

Place of the transaction

Off market

 

 

 

 

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