Bango PLC Grant of Options (5869O)
03 October 2019 - 3:25AM
UK Regulatory
TIDMBGO
RNS Number : 5869O
Bango PLC
02 October 2019
2 October 2019
BANGO PLC
Grant of Options
Bango (AIM: BGO), the mobile commerce company, announces that on
1 October 2019, and in line with the established policy of
allocating employee share options to Directors and employees, the
following Directors and PDMRs were granted options to subscribe for
ordinary shares at the exercise price of 128.5 pence being the
closing price on 1 October 2019.
Executive Director Title Number of options Exercise Price
Ray Anderson CEO 50,000 128.5p
Anil Malhotra CMO 50,000 128.5p
Carolyn Rand CFO 50,000 128.5p
The options vest over a three year period, in twelve equal
installments, one twelfth each quarter and may be exercised up to
the tenth anniversary of the date of grant. The options have been
granted as part of The Bango Employee Share Option Scheme.
For further information please contact:
Bango PLC FTI Consulting finnCap Ltd
Tel. +44 333 077 0247 Tel. +44 203 727 1000 Tel. +44 207 200 0500
Ray Anderson, CEO Matt Dixon Marc Milmo
Carolyn Rand, CFO Darius Alexander James Thompson
Anil Malhotra, CMO Matthew Radley
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 Ray Anderson
------------------------------------------------- ------------------------
2 Reason for notification
------------------------------------------------- ------------------------
a) Position/Status PDMR - 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, Options under the Bango
type of instrument Share Option Plan
Identification code GB00B0BRN552
------------------------------------------------- ------------------------
b) Nature of the transaction Award of Share Options
------------------------------------------------- ------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
128.5p 50,000
----------
------------------------------------------------- ------------------------
d) Aggregated information N/A Single Transaction
* Aggregated volume
* Price
------------------------------------------------- ------------------------
e) Date of the transaction 1 October 2019
------------------------------------------------- ------------------------
f) Place of the transaction London Stock Exchange,
AIM
------------------------------------------------- ------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
a) Name Anil Malhotra
------------------------------------------------- ------------------------
2 Reason for notification
------------------------------------------------- ------------------------
a) Position/Status PDMR - 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, Options under the Bango
type of instrument Share Option Plan
Identification code GB00B0BRN552
------------------------------------------------- ------------------------
b) Nature of the transaction Award of Share Options
------------------------------------------------- ------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
128.5p 50,000
----------
------------------------------------------------- ------------------------
d) Aggregated information N/A Single Transaction
* Aggregated volume
* Price
------------------------------------------------- ------------------------
e) Date of the transaction 1 October 2019
------------------------------------------------- ------------------------
f) Place of the transaction London Stock Exchange,
AIM
------------------------------------------------- ------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
a) Name Carolyn Rand
------------------------------------------------- ------------------------
2 Reason for notification
------------------------------------------------- ------------------------
a) Position/Status PDMR - 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, Options under the Bango
type of instrument Share Option Plan
GB00B0BRN552
Identification code
------------------------------------------------- ------------------------
b) Nature of the transaction Award of Share Options
------------------------------------------------- ------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
128.5p 50,000
----------
------------------------------------------------- ------------------------
d) Aggregated information N/A Single Transaction
* Aggregated volume
* Price
------------------------------------------------- ------------------------
e) Date of the transaction 1 October 2019
------------------------------------------------- ------------------------
f) Place of the transaction London Stock Exchange,
AIM
------------------------------------------------- ------------------------
About Bango
Merchants, app store and payment providers cross the threshold
into the Bango ecosystem to converge, grow and thrive.
By bringing businesses together and powering e-commence with
unique data-driven insights, Bango delivers new business
opportunities and new dimensions of growth for customers around the
world. Being inside the Bango circle means global merchants
including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and
Microsoft (NASDAQ: MSFT) can work together with payment partners
from Africa to the Americas, accelerating the performance of
everyone on the inside.
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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