Bango PLC - Directorate change
Released
Released
Announcement PDF
RNS Number : 8508J
Bango PLC
26 June 2026
Bango PLC
("Bango")
Appointment of Non-Executive Director
Cambridge, UK, 26 June 2026 - Bango (AIM: BGO), is pleased to announce that, effective immediately, Duncan
Magrath has been appointed to the Bango Board as a Non-Executive Director and Chair of the Audit Committee.
Duncan brings extensive expertise across all aspects of financial management, including financial reporting,
treasury, investor relations, governance, and risk management in both listed and private companies.
Duncan is the CFO of the FTSE 250 listed Alfa Financial Software Holdings PLC, a position he has held since
2020. Before that, he was Group CFO at Brammer plc, where he oversaw the transition from public to private
ownership and supported its transformation into Rubix through acquisitions and mergers. Previously, Duncan
spent seven years as Group CFO at Balfour Beatty. Duncan began his career at Price Waterhouse, where he
spent six years and qualified as a Chartered Accountant.
Darcy Antonellis, Chair of Bango commented: "I am pleased to welcome Duncan to Bango. His
extensive financial management, reporting and governance expertise will further strengthen the Board and support
Bango's strategic initiatives and growth."
Commenting on his appointment, Duncan Magrath said: "I am delighted to be joining the Bango Board at such
an exciting time for the business. Bango is uniquely positioned at the center of the rapidly expanding subscription
economy, and I look forward to working with the Board and management team to deliver value for shareholders."
Additional Information
Duncan Jonathan Magrath (aged 62) is, or has been, a Director or partner of the following companies or
partnerships during the previous five years:
Current Directorships/partnerships Previous Directorships/partnerships
· Alfa Financial Software Holdings PLC
· Alfa Financial Software International
Limited
· Alfa Financial Software Limited
· Alfa Financial Software Group Limited
· N/A
Save as set out above, there are no disclosures in respect of the appointment of Duncan Magrath to be made
under paragraph (g) of Schedule Two of the AIM Rules for Companies.
ENDS
Engage with the Bango management team directly by asking questions, watching video summaries and seeing
what other shareholders have to say. Navigate to our interactive Investor hub here: https://bangoinvestor.com/
For further information, please contact:
Investor questions on this announcement
We encourage all investors to share questions
on this announcement via our investor hub
https://bangoinvestor.com/auth/signup
Bango PLC
Paul Larbey, CEO
Matt Wilson, CFO
+44 1223 617 387
Singer Capital Markets (Nominated Adviser & Joint
Broker)
Jen Boorer
Daniel Ingram
Carl Diebitsch
+44 20 7496 3000
Canaccord Genuity (Joint Broker)
Simon Bridges
Harry Gooden
George Grainger
+44 (0)20 7523 8000
Subscribe to our news alert service: https://bangoinvestor.com/auth/signup
About Bango
Bango enables content providers to reach more paying customers through global partnerships. Bango
revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone
users worldwide. Today, the Digital Vending Machine®
is driving the rapid growth of the subscriptions economy,
powering choice and control for subscribers.
The world's largest content providers, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and
Microsoft (NASDAQ: MSFT) trust Bango technology to reach subscribers everywhere.
Bango, where people subscribe. For more information, visit www.bangoinvestor.com
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END
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