Share Option Grant

RNS Number : 0503J

Bango PLC

23 March 2010

 



23 March 2010

BANGO PLC
("Bango" or the "Company")

Share Option Grant

Bango plc, announces that on 17 March 2010 under the Company's Unapproved Share Option Scheme, Peter Saxton was granted the following number of options to subscribe for ordinary shares of 20p each in the Company all at the exercise price of 59.5p being the closing mid-market price on 16 March 2010.

Director	Position	Number of Options Granted
Peter Saxton	Chief Financial Officer	31,250

The options vest over a three year period, in twelve equal instalments, one twelfth each quarter and may be exercised up to the tenth anniversary of the date of grant.

Contact Details:

Bango plc	ICIS	Cenkos Securities plc
Tel.       [phone]	Tel.       [phone]	Tel.       [phone]
Ray Anderson, CEO	Tom Moriarty	Ken Fleming
Peter Saxton, CFO	Caroline Evans-Jones	Jon Fitzpatrick

About Bango

Bango (AIM: BGO) provides technology that enables commerce on the mobile web.

Bango enables businesses of all sizes to collect payment for music, games, applications, videos and services sold to internet connected mobile phone users.  Bango is able to charge payments to mobile phone bills or use other billing methods such as credit card based on intelligence about the consumer.   Bango also provides an analytics service that provides accurate information about visitors and the effectiveness of marketing activities for mobile web sites.

Visit www.bango.com.

 

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