Bango PLC Grant of Options (7749Z)
23 September 2020 - 1:28AM
UK Regulatory
TIDMBGO
RNS Number : 7749Z
Bango PLC
22 September 2020
22 September 2020
BANGO PLC
Grant of Options
Bango (AIM: BGO), the mobile commerce company, announces that on
17 September 2020, and in line with the established policy of
allocating employee share options, the following Directors and
PDMRs were granted options to subscribe for ordinary shares at the
exercise price of 172 pence being the closing price on 16 September
2020.
Executive Director Title Number of options Exercise Price
Paul Larbey CEO 50,000 172p
Ray Anderson Executive Chair 50,000 172p
Anil Malhotra CMO 50,000 172p
Carolyn Rand CFO 50,000 172p
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
Paul Larbey, CEO Matt Dixon Marc Milmo
Ray Anderson, Executive Chair Rob Mindell James Thompson
Carolyn Rand, CFO Matthew Radley
Anil Malhotra, CMO
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 Larbey
------------------------------------------------- ------------------------
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)
172p 50,000
----------
------------------------------------------------- ------------------------
d) Aggregated information N/A Single Transaction
* Aggregated volume
* Price
------------------------------------------------- ------------------------
e) Date of the transaction 17 September 2020
------------------------------------------------- ------------------------
f) Place of the transaction London Stock Exchange,
AIM
------------------------------------------------- ------------------------
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)
172p 50,000
----------
------------------------------------------------- ------------------------
d) Aggregated information N/A Single Transaction
* Aggregated volume
* Price
------------------------------------------------- ------------------------
e) Date of the transaction 17 September 2020
------------------------------------------------- ------------------------
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)
172p 50,000
----------
------------------------------------------------- ------------------------
d) Aggregated information N/A Single Transaction
* Aggregated volume
* Price
------------------------------------------------- ------------------------
e) Date of the transaction 17 September 2020
------------------------------------------------- ------------------------
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)
172p 50,000
----------
------------------------------------------------- ------------------------
d) Aggregated information N/A Single Transaction
* Aggregated volume
* Price
------------------------------------------------- ------------------------
e) Date of the transaction 17 September 2020
------------------------------------------------- ------------------------
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 .
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