BANGO PLC

Board/Management Information • Jun 13, 2024

National Storage Mechanism | Additional information

RNS Number : 2250S

Bango PLC

13 June 2024

Bango PLC

("Bango")

Appointment of Non-Executive Director

Cambridge, UK, 13 June 2024 - Bango (AIM: BGO), announces that, on 12 June 2024, Anthony (Tony) Perkins FCA, joined its Board as a Non-Executive Director. Tony has been appointed as Chair of the Audit Committee.

Tony, a Chartered Accountant, is currently the Senior Independent Non-Executive Director and Chair of the Audit Committee at Yu Group PLC, an AIM-listed B2B energy provider. He provides specialist knowledge of consumer markets through a directorship at DJ Squire & Co. Ltd, alongside other business advisory roles.

Tony brings skills and experience in audit, risk management and financial reporting to the Bango Board. His early career was spent at BDO, one of the top five accounting firms, advising global clients. He was a member of the BDO leadership team where his roles included Head of the London Office and Head of National Audit.

Commenting on his appointment, Tony Perkins said:

"I am thrilled to be joining the Board of Bango, an exceptional growth company serving a high value, global market opportunity, backed-up by an outstanding team and strong culture. Bango has developed powerful technology for its Digital Vending Machine®, which has been quickly adopted by global merchants and leading telcos. Bango has taken a market leading position in subscriptions bundling, which I see as a fundamental structural feature in the subscriptions market, and I am excited about contributing to this unique growth story".

Bango Chair, Ray Anderson, said:

"Tony Perkins brings valuable expertise and financial oversight to Bango, honed through a successful career in audit and accounting, both as an advisor and in Board roles. Bango exceeded a 40% compound annual growth rate over the last six years, and Tony's skills and experience will be crucial as we continue our rapid expansion in subscription bundling. I welcome his contribution to our future success."

Additional Information

Anthony (Tony) John Perkins (aged 65) 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
·      D.J. Squire & Co., Limited ·      Kal Portfolio Trading Company Limited (previously Yu Energy Limited) ·      Yu Energy Holding Limited ·      Yu Energy Retail Limited ·      Yu Group plc ·      Yu Propco Ltd ·      Yu Water Limited ·      Yu Services Limited ·    Yu-Smart Limited	·      Bernhard & Co. Ltd

Save as set out above, there are no disclosures in respect of the appointment of Tony Perkins 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)
+44 1223 617 387	+44 20 7496 3000
investors@bango.com
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

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOADZGMVRZDGDZM