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BANGO PLC

Remuneration Information Mar 18, 2021

7510_dirs_2021-03-18_5c499c7e-e4a6-4a75-a474-ff494d5bcdce.html

Remuneration Information

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National Storage Mechanism | Additional information

RNS Number : 6373S

Bango PLC

18 March 2021

18 March 2021

BANGO PLC

Grant of Share Options

Bango (AIM: BGO), the global platform for data-driven commerce, announces that on 17 March 2021, 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 208 pence per share, being the closing price on 17 March 2021.

Executive Director Title Number of options Exercise Price
Paul Larbey CEO 100,000 208p
Ray Anderson Executive Chair 50,000 208p
Anil Malhotra CMO 50,000 208p
Matthew Garner CFO 150,000 208p

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.

Contact Details:  

Bango PLC FTI Consulting Liberum (Nomad and Broker)
Tel. +44 1223 617 387 Tel. +44 203 727 1000 Tel. +44 20 3100 2000
Ray Anderson, Exec Chair Rob Mindell Cameron Duncan
Paul Larbey, CEO

Matt Garner, CFO 

Anil Malhotra, CMO
Darius Alexander James Greenwood 

Ed Phillips

Will King

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

Chief Executive 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

Options under the Bango Share Option Plan

GB00B0BRN552

b)

Nature of the transaction

Award of Share Options

c)

Price(s) and volume(s)

Price(s) Volume(s)
208p 100,000

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

e)

Date of the transaction

17 March 2021

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

Executive Chair 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

Options under the Bango Share Option Plan

GB00B0BRN552

b)

Nature of the transaction

Award of Share Options

c)

Price(s) and volume(s)

Price(s) Volume(s)
208p 50,000

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

e)

Date of the transaction

17 March 2021

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

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

Options under the Bango Share Option Plan

GB00B0BRN552

b)

Nature of the transaction

Award of Share Options

c)

Price(s) and volume(s)

Price(s) Volume(s)
208p 50,000

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

e)

Date of the transaction

17 March 2021

f)

Place of the transaction

London Stock Exchange, AIM

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Jonathan Garner

2

Reason for notification

a)

Position/Status

Chief Financial 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

Options under the Bango Share Option Plan

GB00B0BRN552

b)

Nature of the transaction

Award of Share Options

c)

Price(s) and volume(s)

Price(s) Volume(s)
208p 150,000

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

e)

Date of the transaction

17 March 2021

f)

Place of the transaction

London Stock Exchange, AIM

About Bango

App developers, stores and payment providers cross the threshold into the Bango ecosystem to converge, grow and thrive.

By bringing businesses together and powering e-commerce 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 [email protected] 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

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