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Bango PLC - Grant of Options

RNS Number : 4638J
Bango PLC
14 April 2020
 

14 April 2020

BANGO PLC

 

Grant of Options

 

Bango (AIM: BGO), the mobile commerce company, announces that on 7 April 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 121.5 pence being the closing price on 6 April 2020.

 

Executive Director

Title

Number of options

Exercise Price

Paul Larbey               

CEO

50,000

121.5p

Ray Anderson               

Executive Chair

50,000

121.5p

Anil Malhotra

CMO

50,000

121.5p

Carolyn Rand

CFO

50,000

121.5p

 

 

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)

121.5p

50,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

7 April 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)

121.5p

50,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

7 April 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)

121.5p

50,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

7 April 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)

121.5p

50,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

7 April 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.
 
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Quick facts: Bango PLC

Price: 181.5

Market: LSE
Market Cap: £135.03 m
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