Share Options Grant and Director/PDMR Dealings

Bango PLC

20 September 2023

 

20 September 2023

BANGO PLC

("Bango" or the "Company")

Share Options Grant and Director/PDMR Dealings

Bango (AIM: BGO), the global platform for data-driven commerce, announces that on 19 September 2023, in line with the established policy of allocating employee share options, the following Directors and PDMRs were granted options to subscribe for ordinary shares of 20 pence each in the capital of Bango ("Ordinary Shares") at an exercise price of 187.5 pence per share, being the closing price on 18 September 2023 (the "Exercise Price") under the Bango Employee Share Option Scheme. 

Name	Title	Number of options	Exercise Price
Paul Larbey	CEO and Director	200,000	187.5p
Ray Anderson	Executive Chair and Director	50,000	187.5p
Anil Malhotra	CMO and Director	50,000	187.5p
Matthew Garner	CFO and Director	50,000	187.5p
Wayne Griffiths	COO and PDMR	45,000	187.5p
Darcy Antonellis	Non-Executive Director	50,000	187.5p

The options for Executive Directors and PDMRs 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. The options have been granted as part of The Bango Employee Share Option Scheme.

The options for the Non-Executive Director vest after 4 years in one instalment. The options have been granted as part of the Bango PLC 2022 Non-Executive Directors Share Option Plan.

Contact Details:  

Bango PLC	Singer Capital Markets (Nominated Adviser and Joint Broker)		Stifel Nicolaus Europe Limited (Joint Broker)
[phone]	[phone]		[phone]
[e-mail]
Paul Larbey, CEO	Harry Gooden		Nick Adams
Matt Garner, CFO	Jen Boorer		Richard Short
Anil Malhotra, CMO	Asha Chotai		Ben Burnett
Rebecca Jamieson, IR

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, 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 managerial responsibilities/person closely associated
a)	Name	Paul Douglas Larbey
2	Reason for notification
a)	Position/Status	Chief Executive Officer 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	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) 187.5p 200,000
d)	Aggregated information -       Aggregated volume -       Price	N/A Single Transaction
e)	Date of the transaction	19 September 2023
f)	Place of the transaction	Off market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ray 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	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) 187.5p 50,000
d)	Aggregated information -       Aggregated volume -       Price	N/A Single Transaction
e)	Date of the transaction	19 September 2023
f)	Place of the transaction	Off market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Anil Malhotra
2	Reason for notification
a)	Position/Status	Chief Marketing Officer 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	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) 187.5p 50,000
d)	Aggregated information -       Aggregated volume -       Price	N/A Single Transaction
e)	Date of the transaction	19 September 2023
f)	Place of the transaction	Off market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Matthew Jonathan Garner
2	Reason for notification
a)	Position/Status	Chief Financial Officer 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	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) 187.5p 50,000
d)	Aggregated information -       Aggregated volume -       Price	N/A Single Transaction
e)	Date of the transaction	19 September 2023
f)	Place of the transaction	Off market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Wayne Griffiths
2	Reason for notification
a)	Position/Status	Chief Operating Officer 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	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) 187.5p 45,000
d)	Aggregated information -       Aggregated volume -       Price	N/A Single Transaction
e)	Date of the transaction	19 September 2023
f)	Place of the transaction	Off market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Darcy Antonellis
2	Reason for notification
a)	Position/Status	Non-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 Identification code	Options over Ordinary Shares of 20 pence each GB00B0BRN552
b)	Nature of the transaction	Grant of Share Options pursuant to The Bango PLC 2022 Non-Executive Directors Share Option Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 187.5p 50,000
d)	Aggregated information -       Aggregated volume -       Price	N/A Single Transaction
e)	Date of the transaction	19 September 2023
f)	Place of the transaction	Off market

 

END