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BANGO PLC

Director's Dealing Sep 22, 2020

7510_dirs_2020-09-22_7ca86cc6-c76d-43f5-b8be-b6d678b9f016.html

Director's Dealing

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National Storage Mechanism | Additional information

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

Ray Anderson, Executive Chair

Carolyn Rand, CFO

Anil Malhotra, CMO
Matt Dixon

Rob Mindell
Marc Milmo

James Thompson

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

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, 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)
172p 50,000

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

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, 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)
172p 50,000

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

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, 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)
172p 50,000

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

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, 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)
172p 50,000

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

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.

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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