Aim Rule 26

The following information is disclosed for the purposes of Rule 26 of the AIM Rules for Companies:

Description of business: http://bango.com/about.
Bango is a technology business. It has developed and deployed a unique open, global infrastructure platform to enable content providers to market, sell and deliver their products and services directly to mobile phone users using the mobile internet.

Country of Incorporation: England and Wales (Company number 05386079)

Main Country of Operation: United Kingdom

Directors: https://bangoinvestor.wordpress.com/directors/

The Board meets regularly and has a formal schedule of matters referred to it for decision; these include formulating Bango’s corporate strategy, monitoring financial performance, approval of major items of capital expenditure, annual budgets, share capital issues, governance issues, treasury and risk management policies and executive appointments. The Board is provided with appropriate strategic and financial information, including management accounts together with monthly reports to enable it to monitor the performance of the Group. Operational control is delegated by the Board to the executive directors. Non-executive directors are able to contact the executive directors at any time for further information. All directors have direct access to the advice and the services of the Company Secretary and can take independent advice, if necessary, at the Company’s expense.

The Board has delegated specific responsibilities to the following committees:

The Audit Committee is the Chairman and all other non-executive directors, and shall have three members. It meets at least twice a year and more frequently if required. It is responsible for ensuring that the financial performance of the Group is properly monitored and reported on, for assessing the suitability of its accounting policies and financial reporting systems and for reviewing the nature and scope of the audit. It meets with the auditors to review reports from them relating to the accounts and internal control systems. There is no internal audit function but the Audit Committee regularly reviews the need to implement one. The CFO and/or the external auditors attend, as necessary.

The Remuneration Committee is the Chairman and all other non-executive directors, and shall have three members, and meets as required to review the performance of the executive directors, set the scale and structure of their remuneration and review the basis for their service agreements with due regard to the interests of shareholders. It also reviews and approves the remuneration policy for senior employees.

Constitutional Documents, Admission Document, Annual Reports and Accounts are here: https://bangoinvestor.wordpress.com/key-financial-documents/

Financial announcements are listed here as they are made: https://bangoinvestor.wordpress.com/announcements/

Number of Securities in Issue on 03 April 2017.

Bango plc’s issued share capital is 65,375,076 ordinary shares of 20p each of which 16.46% is not in public hands.

So far as is known to the Company, as at 03 April 2017 the only persons who, directly or indirectly, were interested in 3% or more of the Company’s share capital were:

Shareholder: Number of shares (% of issued share capital)
LIONTRUST ASSET MANAGEMENT: 11,124,924 (17.02%)
HERALD INVESTMENT MANAGEMENT: 9,281,267  (14.20%)
ODEY ASSET MANAGEMENT LLP: 7,088,000 (10.84%)
MR RAYMOND ANDERSON:   6,567,260   (10.05%)
MR ANIL MALHOTRA:  3,976,815   (6.08%)
HARGREAVE HALE: 3,236,500 (4.95%)
INFLECTION POINT INVESTMENTS LLP:   3,095,139  (4.73%)
MR RICHARD SNELLER:   3,025,000   (4.63%)
CAVENDISH ASSET MANAGEMENT:   2,517,033   (3.85%)

Bango is not listed on any other exchanges or trading platforms and there are no restrictions on the transfer of securities.Other Directors: Number of shares (% of issued share capital)
MR MARTIN RIGBY:  176,630  (0.27%)
MR GIANLUCA D’AGOSTINO:  37,500  (0.06%)
MISS RACHEL ELIAS-JONES: 4,100 (0.01%)

The Company, so far as is practicable and appropriate for a company of its size and nature, complies with the provisions of the Corporate Governance Code, as modified by the recommendations of the Quoted Companies Alliance (“QCA”).

The Company is subject to the UK City Code on Takeovers and Mergers.

Nominated Advisor, Broker and Lead Manager
www.cenkos.com
6.7.8 Tokenhouse Yard
London
EC2R 7AS

Solicitors to the Company
www.mills-reeve.com
Mills & Reeve
Francis House
112 Hills Road
Cambridge
CB2 1PH

Auditors
www.grantthornton.com
Grant Thornton UK LLP
101 Cambridge Science Park
Milton Road
Cambridge
CB4 0FY

Financial PR Advisors
www.fticonsulting.co.uk/
FTI Consulting
200 Aldersgate
Aldersgate Street
London
EC1A 4HD