Bango PLC - Director/PDMR Shareholding
Released
Released
Announcement PDF
RNS Number : 4148H
Bango PLC
08 October 2024
BANGO PLC
("Bango" or the "Company")
Share Options Grant and Director/PDMR Dealings
Cambridge, UK, 8 October 2024 -Bango (AIM: BGO), announces that on 1 October2024, in line with the
established policy of allocating employee share options, certain Directors and employees (as listed in the table
below) were granted options to subscribe for ordinary shares of 20 pence each in the capital of Bango ("Ordinary
Shares") at an exercise price of 115pence per share, being the closing price on 30 September2024 (the "Exercise
Price") under the Bango Employee Share Option Scheme.
The options for the Executive Directors vest after three years, in one tranche, subject to the satisfaction of certain
performance conditions. All other options vest over a three-year period, in twelve equal instalments, one twelfth
each quarter. All options may be exercised up to the tenth anniversary of the date of grant and have been
granted as part of The Bango Employee Share Option Scheme.
Contact Details:
Bango PLC
Singer Capital Markets (Nominated Adviser and Broker)
+44 1223 617 387
+44 20 7496 3000
investors@bango.com
Paul Larbey, CEO
Jen Boorer
Matt Garner, CFO
Asha Chotai
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
Notification and public disclosure of transactions by persons discharging managerial responsibilities
and persons closely associated with them
1
Details of the person discharging
responsibilities/person closely associated
a)
Name
2
Reason for notification
a)
Position/Status
Chief Executive
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
Paul Douglas Larbey
Identification code
b)
Nature of the transaction
c)
Price(s) and volume(s)
d)
managerial
Aggregated information
-
Aggregated volume
-
Price
Officer
and
Options over Ordinary Shares
of 20 pence each
GB00B0BRN552
Grant of Share Options pursuant
to The Bango Employee Share
Option Scheme.
Price(s)
Volume(s)
115p
200,000
N/A Single Transaction
e)
Date of the transaction
1 October 2024
f)
Place of the transaction
Off market
1
Details of the person discharging
responsibilities/person closely associated
a)
Name
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
managerial
Raymond Anderson
Identification code
Options over Ordinary Shares
of 20 pence each
GB00B0BRN552
b)
Nature of the transaction
Grant of Share Options pursuant
to The Bango Employee Share
Option Scheme.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
115p
50,000
d)
Aggregated information
-
Aggregated volume
-
Price
N/A Single Transaction
e)
Date of the transaction
1 October 2024
f)
Place of the transaction
Off market
1
Details of the person discharging
responsibilities/person closely associated
a)
Name
2
Reason for notification
a)
Position/Status
Chief Marketing
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
managerial
Anil Malhotra
Officer
and
Options over Ordinary Shares
of 20 pence each
GB00B0BRN552
b)
Nature of the transaction
Grant of Share Options pursuant
to The Bango Employee Share
Option Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
115p
50,000
d)
Aggregated information
-
Aggregated volume
-
Price
N/A Single Transaction
e)
Date of the transaction
1 October 2024
f)
Place of the transaction
Off market
1
Details of the person discharging
responsibilities/person closely associated
a)
Name
2
Reason for notification
a)
Position/Status
Chief Financial
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
managerial
Matthew Jonathan Garner
Officer
and
Options over Ordinary Shares
of 20 pence each
GB00B0BRN552
b)
Nature of the transaction
Grant of Share Options pursuant
to The Bango Employee Share
Option Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
115p
50,000
d)
Aggregated information
-
Aggregated volume
-
Price
N/A Single Transaction
e)
Date of the transaction
1 October 2024
f)
Place of the transaction
Off market
1
Details of the person discharging
responsibilities/person closely associated
a)
Name
2
Reason for notification
a)
Position/Status
Chief Operating
PDMR
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
managerial
Wayne Griffiths
Officer
and
Options over Ordinary Shares
of 20 pence each
GB00B0BRN552
b)
Nature of the transaction
Grant of Share Options pursuant
to The Bango Employee Share
Option Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
115p
45,000
d)
Aggregated information
-
Aggregated volume
-
Price
N/A Single Transaction
e)
Date of the transaction
1 October 2024
f)
Place of the transaction
Off market
1
Details of the person discharging
responsibilities/person closely associated
a)
Name
2
Reason for notification
a)
Position/Status
Company Secretary and PDMR
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
managerial
Rachel Christine Ellis
Options over Ordinary Shares
of 20 pence each
GB00B0BRN552
b)
Nature of the transaction
Grant of Share Options pursuant
to The Bango Employee Share
Option Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
115p
25,000
d)
Aggregated information
-
Aggregated volume
-
Price
N/A Single Transaction
e)
Date of the transaction
1 October 2024
f)
Place of the transaction
Off market
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