TIDMBGO

RNS Number : 2009C

Bango PLC

27 September 2018

27 September 2018

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO BE PRICE SENSITIVE FOR THE PURPOSES OF THE MARKET ABUSE REGULATIONS

BANGO PLC

("Bango")

Directorate Change

Bango (AIM: BGO), the mobile commerce company, announces that Rachel Elias-Jones, Chief Financial Officer, will leave Bango on 12 November 2018 to take up a new position.

The Board has recruited an interim Chief Financial Officer who will start full time on 8 October to ensure an orderly transition.

Rachel leaves with the Board's appreciation and thanks for the substantial contribution she has made during her four years as Financial Controller and two years as CFO at Bango.

Bango is initiating a search for a permanent CFO and new Board member and will provide a further update in due course.

Ray Anderson, Chief Executive Officer at Bango, commented:

"I thank Rachel for her contribution to the growth of Bango as a leader in mobile commerce, and her contributions to the strong Bango financial systems and success of Bango customers. End User Spend is twenty times higher than when she joined Bango, with Bango operating on a stable cost base as growth continues. Rachel will be an asset to her new company and we wish her well in her career."

Contact details:

 
Bango PLC                FTI Consulting         Cenkos Securities PLC 
Tel. +44 333 077 0247    Tel. +44 203 727 1000  Tel. +44 131 220 6939 
Ray Anderson, CEO        Matt Dixon             Beth McKiernan 
Rachel Elias-Jones, CFO  Rob Mindell            Neil McDonald 
 Anil Malhotra, CMO                              Peter Lynch

About Bango

Cross the threshold into the thriving Bango ecosystem where merchants and payment providers converge, grow and thrive.

Being inside the Bango circle means global merchants including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) are able to work together with payment partners from Africa to the Americas, accelerating the performance of everyone on the inside. By bringing businesses together and powering e-commence with unique data-driven insights, Bango delivers new dimensions of growth and new experiences for people around the world.

Bango. Think inside the circle. For more information, visit www.bango.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.

END

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September 27, 2018 09:00 ET (13:00 GMT)

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