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Bango PLC (BGO)

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Monday 21 November, 2016

Bango PLC

Directorate Changes

RNS Number : 6601P
Bango PLC
21 November 2016
 

 

Bango PLC

("Bango")

 

Directorate Changes

 

Bango (AIM: BGO), the mobile payments company, announces a number of changes to its Board of Directors, effective today, to support Bango's position at the centre of the global market for monetizing digital content.

 

Dr Rudy Burger is stepping-down after 6 years on the Board, and is replaced by Gianluca D'Agostino as an Independent Non-Executive Director. Mr. D'Agostino has a 25 year track record founding, growing, managing and investing in international mobile content and payment businesses, engaging at the highest levels with mobile operators in Europe and LATAM. In 2007 he founded and was CEO of Neomobile SPA, a leading mobile monetization enabler for app developers and ad networks.  The company grew both organically and by acquisition, opening a dozen offices outside Italy, from Mexico City to Istanbul and Mumbai.

 

Gianluca lives in London and has investments in tech start-ups in London and Milan. Gianluca replaces Rudy on both the Audit Committee and Remuneration Committee. Rudy will support the company's strategic development in a consultancy role, as Bango continues to develop its presence in the USA.

 

Gerry Tucker, Strategic Partnerships Director, is also stepping down from the Board, following the appointment of Rachel Elias-Jones to the Board in March 2016 as CFO. Gerry continues to hold directorships of various Bango subsidiaries as part of his executive role expanding the Bango platform across alternative payment technologies globally

 

Commenting on the Board changes, David Sear, Chairman of Bango, said: "I am delighted that Gianluca has joined the Bango Board. Gianluca's knowledge and experience of content marketing and monetization align well with Bango's growing, global market. I would like to take this opportunity to thank Gerry and Rudy for their contributions to Bango as directors, and I look forward to continuing to work with them in their new roles as we develop Bango's business in new markets across the world."

 

Gianluca D'Agostino added: "I greatly admire Bango's strong leadership position in the industry and I am energized by the opportunity to contribute to Bango's future success in the capacity of a non-exec director. The recent acquisition of Billtomobile in the USA, opening the Bango technology to US carriers for its large app store customers, was especially exciting. I am convinced that the time is right for a global standard platform to emerge to speed up the sales of content and services to mobile users, and Bango is best positioned to provide this capability for the industry."

 

 

This announcement contains inside information as defined in EU Regulation No. 596/2014 and is in accordance with the Bango obligations under Article 17 of that Regulation.

 

Additional disclosures:

 

In accordance with the AIM Rules for Companies, the information required to be disclosed in relation to Gianluca D'Agostino is set out below:

Full name and age:

Gianluca Cristian D'Agostino, age 47

Current beneficial shareholding in Bango:

37,500 shares, representing 0.06 per cent. of the ordinary share capital of Bango.

Current Directorships and Partnerships:

Fusion Mobile Value Ltd

Neomobile SPA

Previous Directorships and Partnerships (in the last five years):

AMM Arena Mobile Maroc Limited Responsibility (SARL)

BOOSTERMEDIA BV

ONEBIP SPA

Onebip USA LLC

Neomobile Commerce Spain S.A.

NEOMOBILE FRANCE SAS 

Neomobile Gaming Srl

Neo Mobile INDIA Private Limited

NEOMOBILE MÉXICO, S. DE R.L. DE C.V.

Neomobile Peru S.A.C.

NEOMOBILE SPAIN SLU

Trend Teknoloji ve Proje Geliştirme A.Ş.

Neomobile Turkey İletişim ve Mobil Ticaret Limited Şirketi

NEOMOBILE UK Ltd

Pantea Srl

Southventures Ltd

Mr. D'Agostino acted as a shadow director, representing Neomobile as a shareholder, of Pantea Srl until 2013. The company was placed into creditors voluntary liquidation on 19 July 2013 and dissolved on 29 April 2014.

 

For further information please contact:

 

Bango plc




Ray Anderson, CEO

 +44 333 077 0247

Anil Malhotra, CMO


Rachel Elias-Jones, CFO






Cenkos Securities plc

Nick Tulloch / Beth McKiernan / Neil McDonald

 

+44 131 220 6939





FTI Consulting


Matt Dixon / Chris Lane / Rob Mindell

+44 203 727 1000

 

 

 

About Bango

Bango is the standard platform chosen by leading global stores to deliver mobile payments to everyone. As the next billion consumers adopt their first smartphone and look for universal payment methods, Bango will be there to unlock the world of apps, video, music, games and other content that brings those smartphones to life. Global stores plugging into the Bango Payment Platform include Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG), Samsung (005930: Korea SE) and Microsoft (NASDAQ: MSFT). Bango also partners with leading payment providers around the world to drive new users and revenues through its industry-leading mobile payment solutions. For more information, visit www.bango.com.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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