Director's Dealing • Jul 23, 2024
Director's Dealing
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RNS Number : 5238X
Bango PLC
23 July 2024
Bango PLC
("Bango")
PDMR Share Purchases via Employee Share Incentive Plan
Cambridge, UK, 23 July 2024 - Bango (AIM: BGO), announces Director and PDMR share purchases via its employee share incentive plan (the "SIP") which was established in in November 2022.
On 22 July 2024, the Company received notification from Equiniti Share Plan Trustees Limited, the trustee of the SIP, that on 18 July 2024 it purchased in aggregate 3,009 Ordinary Shares in the market at a price of 149.50p per Ordinary Share on behalf of those Directors and PDMRs set out in the table below. These individuals were awarded Matching Shares in accordance with the terms of the SIP.
| Director / PDMR | Title and Position | Number of Partnership Shares acquired under the SIP on 18 July 2024 | Number of Matching Shares acquired under the SIP on 18 July 2024 | Total beneficial holding of Ordinary Shares following these acquisitions | |
| Number of Ordinary Shares | Approximate % of Company's issued share capital | ||||
| Anil Malhotra | CMO and Director | 1,003 | 2,006 | 2,327,715 | 3.03% |
Contact Details:
| Bango PLC | Singer Capital Markets (Nominated Adviser and Broker) | |
| +44 1223 617 387 | +44 20 7496 3000 | |
| [email protected] | ||
| 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, visit www.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
A nil 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
Ordinary Shares of 20 pence each
GB00B0BRN552
b)
Nature of the transaction
1. Purchase of partnership shares under the SIP
2. Award of matching shares under the SIP
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| 1. | 149.50p | 1,003 |
| 2. | Nil | 2,006 |
d)
Aggregated information
- Aggregated volume
- Price
| 1. | Partnership shares |
| 1,003 149.50p |
|
| 2. | Matching shares |
| 2,003 Nil |
|
e)
Date of the transaction
18 July 2024
f)
Place of the transaction
London Stock Exchange XLON
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