Grant of Options

RNS Number : 2190M

Bango PLC

04 January 2019

 

4 January 2019

BANGO PLC

Grant of Options

Bango (AIM: BGO), the mobile commerce company, announces that on 3 January 2019, and in line with the previous policy of allocating employee share options to Directors and employees, the following Director was granted options to subscribe for ordinary shares at the exercise price of 90 pence being the closing price on 3 January 2019.

Executive Director	Title	Number of options	Exercise Price
Carolyn Rand	CFO	100,000	90 pence

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. All options have been granted as part of The Bango Share Option Scheme.

 For further information please contact:

Bango PLC	FTI Consulting	Cenkos Securities PLC
Tel. [phone]	Tel. [phone]	Tel. [phone]
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	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 Share Option Plan GB00B0BRN552
b)	Nature of the transaction	Award of Share Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 90 pence 100,000
d)	Aggregated information -       Aggregated volume -       Price	N/A Single Transaction
e)	Date of the transaction	3 January 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-commerce 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.

 

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