Bango PLC - Correction - Director/PDMR Shareholding
Released
Released
Announcement PDF
RNS Number : 4244G
Bango PLC
18 July 2023
18 July 2023
The following amendment has been made to the Director/PDMR Dealings announcement released on 3
February 2023 at 17:35 under RNS Number 9334O.
The correction relates to Frank Bury's direct and indirect interest in Ordinary Shares in the Company
which should have been 477,250 Ordinary Shares representing approximately 0.62% of the total
issued share capital*.
All other details remain unchanged.
The full amended text is shown below.
BANGO PLC
("Bango" or the "Company")
Correction - Director/PDMR Dealings
Bango (AIM: BGO), the global platform for data-driven commerce, announces three director/PDMR
transactions.
·
On 03 February 2023, Raymond Anderson, Executive Chair of Bango, transferred a total of
142,000 Bango ordinary shares of 20 pence each ("Ordinary Shares") to their progeny at nil
cost of which 71,000 were transferred to Coco Anderson, who is considered a person closely
associated ("PCA") with Raymond Anderson. In addition, 10,816 Bango ordinary shares of 20
pence each were gifted a UK registered charity. Following the transfers, Raymond Anderson
has a direct interest in 6,400,000 Ordinary Shares representing approximately 8.37% of the
total issued share capital*.
·
On 02 February 2023, Anil Malhotra, Chief Marketing Officer of Bango, sold 400,000 Ordinary
Shares at a price of 225p, followed by a further 950,000 Ordinary shares on 03 February 2023
at a price of 224.50p ('the sale'). The sale was completed in order to fulfil a personal financial
commitment relating to a divorce settlement. Following the sale, Anil Malhotra has a direct
interest in 2,623,502 Ordinary Shares representing approximately 3.43% of the total issued
share capital*.
·
On 03 February 2023, Frank Bury, Non-Executive Director at Bango and certain of his persons
closely associated ("PCAs") purchased 100,000 Bango Ordinary Shares in aggregate at a price
of 225p ('the purchase'). Following the purchase, Frank Bury has a direct and indirect interest
in 477,250 Ordinary Shares representing approximately 0.62% of the total issued share
capital*.
*as at 3 February 2023
Contact Details:
Bango PLC
Singer Capital Markets
Stifel Nicolaus Europe Limited
(Nominated Adviser and Joint
Broker)
(Joint Broker)
Tel. +1223 617 387
E. investors@bango.com
Tel. +44 20 7496 3057
+44 20 7710 7600
Paul Larbey, CEO
Harry Gooden
Nick Adams
Matt Garner, CFO
Anil Malhotra, CMO
Rebecca Jamieson, IR
Jen Boorer
Asha Chotai
Alex Price
Ben Burnett
About Bango
The world's largest online merchants, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG)
and Microsoft (NASDAQ: MSFT), use Bango technology to acquire more paying users.
Bango has developed unique purchase behavior technology that enables millions more users to buy
the products and services they want, using innovative methods of payment including carrier billing,
digital wallets and subscription bundling. Bango harnesses this purchase activity into valuable
marketing segments, called Bango Audiences. Merchants use these audiences to target their
marketing at paying customers based on their purchase behavior. Better targeting increases spend
through the Bango payments business, in turn generating more data insights, creating a powerful
virtuous circle that drives continuous growth. Everyone connected to the Bango Platform thrives as
the virtuous circle grows.
Bango,
the
technology
behind
every
payment
choice.
For
more
information,
discharging
managerial
visit www.bangoinvestor.com
Notification and
public disclosure of transactions
responsibilities and persons closely associated with them
1
Details
of the person discharging
managerial
by
persons
responsibilities/person closely associated
a)
Name
Raymond Anderson
2
Reason for notification
a)
Position/Status
Executive Chair and 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
b)
Nature of the transaction
c)
Price(s) and volume(s)
d)
Aggregated information
-
Aggregated volume
-
Price
Ordinary
Shares
pence each
of
GB00B0BRN552
Share transfer
Price(s)
Volume(s)
Nil
142,000
N/A Single Transaction
e)
Date of the transaction
03 February 2023
f)
Place of the transaction
Off market
1
Details of the person discharging managerial
responsibilities/person closely associated
20
a)
Name
Coco Anderson
2
Reason for notification
a)
Position/Status
PCA of Raymond Anderson
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
Ordinary
Shares
pence each
of
GB00B0BRN552
b)
Nature of the transaction
Share transfer
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N il
71,000
d)
Aggregated information
-
Aggregated volume
-
Price
N/A Single Transaction
e)
Date of the transaction
03 February 2023
f)
Place of the transaction
Off market
1
Details of the person discharging managerial
responsibilities/person closely associated
20
Anil Malhotra
a)
Name
2
Reason for notification
a)
Position/Status
CMO and 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
b)
Nature of the transaction
c)
Price(s) and volume(s)
d)
Aggregated information
-
Aggregated volume
-
Price
Ordinary
Shares
pence each
of
GB00B0BRN552
Share sale
Price(s)
Volume(s)
225p
400,000
N/A Single Transaction
e)
Date of the transaction
02 February 2023
f)
Place of the transaction
London Stock Exchange, AIM
1
Details of the person discharging managerial
responsibilities/person closely associated
a)
Name
Anil Malhotra
20
2
Reason for notification
a)
Position/Status
CMO and 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
Nature of the transaction
c)
Price(s) and volume(s)
d)
Share sale
Aggregated information
-
Aggregated volume
-
Price
of
GB00B0BRN552
Identification code
b)
Ordinary
Shares
pence each
Price(s)
Volume(s)
224.5p
750,000
224.5p
100,000
224.5p
100,000
950,000
224.5p
e)
Date of the transaction
03 February 2023
f)
Place of the transaction
London Stock Exchange, AIM
1
Details
of the person discharging
managerial
20
responsibilities/person closely associated
Frank Simon Bury
a)
Name
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
b)
Nature of the transaction
c)
Price(s) and volume(s)
d)
Aggregated information
-
Aggregated volume
-
Price
Ordinary
Shares
pence each
of
20
GB00B0BRN552
Purchase of shares
Price(s)
Volume(s)
225p
40,000
30,000 Bango Ordinary Shares
into his ISA
10,000 Bango Ordinary Shares
into his SIPP
Both at 225p
Ordinary share
per
Bango
e)
Date of the transaction
03 February 2023
f)
Place of the transaction
London Stock Exchange, AIM
1
Details of the person discharging managerial
responsibilities/person closely associated
a)
Name
2
Reason for notification
a)
Position/Status
PCA of Frank Bury, 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
Antonia Bury
Identification code
b)
Nature of the transaction
c)
Price(s) and volume(s)
d)
Aggregated information
-
Aggregated volume
-
Price
Ordinary
Shares
pence each
of
GB00B0BRN552
Purchase of shares
Price(s)
Volume(s)
225p
20,000
N/A Single Transaction
e)
Date of the transaction
03 February 2023
f)
Place of the transaction
London Stock Exchange, AIM
20
1
Details of the person discharging managerial
responsibilities/person closely associated
a)
Name
2
Reason for notification
a)
Position/Status
PCA of Frank Bury, 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
Willa Bury
Identification code
b)
Nature of the transaction
c)
Price(s) and volume(s)
d)
Aggregated information
-
Aggregated volume
-
Price
Ordinary
Shares
pence each
of
20
GB00B0BRN552
Purchase of shares
Price(s)
Volume(s)
225p
12,500
7,500 Bango Ordinary Shares into
her ISA
5,000 Bango Ordinary Shares into
her SIPP
Both at 225p
Ordinary Share
per
Bango
e)
Date of the transaction
03 February 2023
f)
Place of the transaction
London Stock Exchange, AIM
1
Details of the person discharging managerial
responsibilities/person closely associated
a)
Name
2
Reason for notification
a)
Position/Status
PCA of Frank Bury, 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
Luke Bury
Identification code
b)
Nature of the transaction
c)
Price(s) and volume(s)
d)
Aggregated information
-
Aggregated volume
-
Price
Ordinary
Shares
pence each
of
20
GB00B0BRN552
Purchase of shares
Price(s)
Volume(s)
225p
12,500
7,500 Bango Ordinary Shares into
his ISA
5,000 Bango Ordinary Shares into
his SIPP
Both at 225p
Ordinary Share
per
Bango
e)
Date of the transaction
03 February 2023
f)
Place of the transaction
London Stock Exchange, AIM
1
Details of the person discharging managerial
responsibilities/person closely associated
a)
Name
2
Reason for notification
a)
Position/Status
PCA of Frank Bury, 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
Florence Bury
Identification code
b)
Nature of the transaction
c)
Price(s) and volume(s)
d)
Aggregated information
-
Aggregated volume
-
Price
Ordinary
Shares
pence each
Date of the transaction
20
GB00B0BRN552
Purchase of shares
Price(s)
Volume(s)
225p
7,500
2,500 Bango Ordinary Shares into
her ISA
5,000 Bango Ordinary Shares into
her SIPP
Both at 225p
Ordinary Share
e)
of
03 February 2023
per
Bango
London Stock Exchange, AIM
f)
Place of the transaction
1
Details of the person discharging managerial
responsibilities/person closely associated
a)
Name
2
Reason for notification
a)
Position/Status
PCA of Frank Bury, 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
Isadora Bury
Identification code
b)
Nature of the transaction
c)
Price(s) and volume(s)
d)
Aggregated information
-
Aggregated volume
-
Price
Ordinary
Shares
pence each
Date of the transaction
20
GB00B0BRN552
Purchase of shares
Price(s)
Volume(s)
225p
7,500
2,500 Bango Ordinary Shares into
her ISA
5,000 Bango Ordinary Shares into
her SIPP
Both at 225p
Ordinary Share
e)
of
03 February 2023
per
Bango
f)
Place of the transaction
London Stock Exchange, AIM
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