Bango PLC
("Bango" or the
"Company")
New CFO Appointment and Board
Change
Cambridge, UK, 20 January 2025 - Bango (AIM: BGO) is pleased to announce that Matt Wilson has
been appointed to the Board of Directors as Chief Financial
Officer, with immediate effect, replacing Matt Garner who has today
retired as CFO and from the Board of Directors.
In addition to this announcement,
the Company has today issued an FY24
Trading Update (see "Trading Update" at
www.bangoinvestor.com).
Matt Wilson brings 17 years of
international corporate finance experience across various
industries. Previously, he was Group CFO of TFG London, as well as
CFO of AllSaints, in the retail and consumer sector. Prior to that,
he spent his career in private equity and investment banking. He is
a certified Associate Chartered Management Accountant and holds a
Masters Degree in Physics from the University of Oxford.
Matt Garner will work to support a
smooth transition to Matt Wilson over the coming months.
Paul Larbey, CEO of Bango
commented: "I would like to thank Matt Garner for his hard work and
valuable contribution over the past four years, during which Bango
launched the Digital Vending Machine® and successfully acquired and
integrated DOCOMO Digital. With the integration behind us and the
DVM going from strength to strength, I am excited to welcome Matt
Wilson to Bango. His extensive financial leadership experience and
discipline will play a key role in the next phase of our growth
journey".
Matt Wilson, newly appointed CFO of
Bango commented: "I am thrilled to join
Bango at such an exciting time. The Digital Vending Machine is a
unique product in a fast-growing market that Bango is strongly
positioned to lead."
Additional Information
Matthew Phillip Wilson (aged 38)
is, or has been, a director or partner of the following companies
or partnerships during the previous five years:
Current directorships/partnerships
|
Previous directorships/partnerships
|
· N/A
|
· AllSaints Hub Limited
· AllSaints Netherlands BV
· All
Saints Retail Limited
· All
Saints Retail LLC
· AllSaints USA Limited
· AllSaints Ventures Limited
· AllSaints Wholesale Limited
· Cameron TopCo Limited
· Dress
HoldCo C Limited
· Dress
HoldCo 4 Limited
· Energy
Leasehold Limited
· Energy
PropCo Limited
· Energy
TopCo Limited
· Hobbs
Fashion Holdings Limited
· Hobbs
Holdings No.2 Limited
· Hobbs
Holdings No.4 Limited
· Hobbs
Limited
· Hobbs
(Middle East) Limited
· Inhoco
2756 Limited
· Klotho
Brands Limited
· Lion
Capital General Partner LLP
· Lion
Capital LLP
· Lion/Heaven UK Limited
· Patsy
Seddon Limited
· Phase
Eight (Belgium) Limited
· Phase
Eight (Canada) Limited
· Phase
Eight (Deutschland) Limited
· Phase
Eight (Fashion & Designs) Limited
· Phase
Eight (Germany) Limited
· Phase
Eight (International) Limited
· Phase
Eight (Japan) Limited
· Phase
Eight (Norway) Limited
· Phase
Eight (SE Asia) Ltd
· Phase
Eight (Sweden) Limited
· Phase
Eight (UAE) Limited
· Poppy
Holdco Limited
· TFG
Brands (London) Limited
· TFG
Homeware Limited
· TFG
London (Concessions) Limited
· Whistles Acquisitions Limited
· Whistles Limited
· WHNL
Limited
· Whistles Holdings Limited
|
Matt Wilson was appointed as a
director to each of All Saints Retail Limited and AllSaints USA Limited, on
4 April 2018 and 3
July 2019 respectively.
He subsequently resigned as a director of both companies on
31 July 2021. In July 2020, All Saints Retail Limited
and AllSaints USA
Limited both approved corporate voluntary arrangements
("CVAs") due to the detrimental impacts of Covid-19 and the
business interruption caused by associated lockdowns. The CVAs were
subsequently completed in July 2023. Under the CVAs, the estimated
return for creditors for both
companies ranged from 3 pence to 100
pence in the pound depending on the
category of creditor. All Saints Retail Limited and AllSaints USA
Limited remain on the Register of
Companies.
Save as set out above, there are no
disclosures in respect of the appointment of Matt Wilson to be
made under paragraph (g) of Schedule Two of the AIM Rules
for Companies.
ENDS
Contact Details:
Bango PLC
|
Singer Capital Markets (Nominated Adviser and
Broker)
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+44 1223 617 387
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+44 20 7496 3000
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investors@bango.com
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Paul Larbey, CEO
|
Jen Boorer
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Matt Wilson, CFO
|
Asha Chotai
|
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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, visit www.bangoinvestor.com