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Bango PLC

Grant of Options

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RNS Number : 2242U
Bango PLC
27 March 2019
 

27 March 2019

BANGO PLC

 

Grant of Options

 

Bango (AIM: BGO), the mobile commerce company, announces that on 27 March 2019, and in line with the established policy of allocating employee share options to Directors and employees, the following Directors and PDMRs were granted options to subscribe for ordinary shares at the exercise price of 92.5 pence being the closing price on 26 March 2019.

 

Executive Director

Title

Number of options

Exercise Price

Ray Anderson               

CEO

50,000

92.5p

Anil Malhotra

CMO

50,000

92.5p

Carolyn Rand

CFO

50,000

92.5p

 

 

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 Unapproved Employee Share Option Scheme.

 

 For further information please contact:

 

Bango PLC

FTI Consulting

Cenkos Securities PLC

Tel. +44 333 077 0247

Tel. +44 203 727 1000

Tel. +44 131 220 6939

Ray Anderson, CEO

Carolyn Rand, CFO

Anil Malhotra, CMO

Matt Dixon

Rob Mindell

Beth McKiernan

Neil McDonald

Peter Lynch

 

 

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

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 Unapproved Share Option Plan

GB00B0BRN552

b)

Nature of the transaction

Award of Share Options

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

92.5p

50,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

27 March 2019

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 Unapproved Share Option PlanGB00B0BRN552

b)

Nature of the transaction

Award of Share Options

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

92.5p

50,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

27 March 2019

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 Unapproved Share Option Plan

GB00B0BRN552

b)

Nature of the transaction

Award of Share Options

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

92.5p

50,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

27 March 2019

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.
 
END
 
 
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