Directorate change

Bango PLC

26 June 2026

 

Bango PLC

("Bango")

Appointment of Non-Executive Director

Cambridge, UK, 26 June 2026 - Bango (AIM: BGO), is pleased to announce that, effective immediately, Duncan Magrath has been appointed to the Bango Board as a Non-Executive Director and Chair of the Audit Committee.

Duncan brings extensive expertise across all aspects of financial management, including financial reporting, treasury, investor relations, governance, and risk management in both listed and private companies.

Duncan is the CFO of the FTSE 250 listed Alfa Financial Software Holdings PLC, a position he has held since 2020. Before that, he was Group CFO at Brammer plc, where he oversaw the transition from public to private ownership and supported its transformation into Rubix through acquisitions and mergers. Previously, Duncan spent seven years as Group CFO at Balfour Beatty. Duncan began his career at Price Waterhouse, where he spent six years and qualified as a Chartered Accountant.

Darcy Antonellis, Chair of Bango commented: "I am pleased to welcome Duncan to Bango. His extensive financial management, reporting and governance expertise will further strengthen the Board and support Bango's strategic initiatives and growth."

Commenting on his appointment, Duncan Magrath said: "I am delighted to be joining the Bango Board at such an exciting time for the business. Bango is uniquely positioned at the center of the rapidly expanding subscription economy, and I look forward to working with the Board and management team to deliver value for shareholders."

Additional Information

Duncan Jonathan Magrath (aged 62) is, or has been, a Director or partner of the following companies or partnerships during the previous five years:

Current Directorships/partnerships	Previous Directorships/partnerships
·      Alfa Financial Software Holdings PLC ·      Alfa Financial Software International Limited ·      Alfa Financial Software Limited ·      Alfa Financial Software Group Limited	·      N/A

Save as set out above, there are no disclosures in respect of the appointment of Duncan Magrath to be made under paragraph (g) of Schedule Two of the AIM Rules for Companies.

ENDS

Engage with the Bango management team directly by asking questions, watching video
summaries and seeing what other shareholders have to say. Navigate to our interactive Investor hub here: https://bangoinvestor.com/ 

For further information, please contact:

Investor questions on this announcement We encourage all investors to share questions on this announcement via our investor hub	https://bangoinvestor.com/auth/signup
Bango PLC    Paul Larbey, CEO  Matt Wilson, CFO	[phone]
Singer Capital Markets (Nominated Adviser & Joint Broker)  Jen Boorer  Daniel Ingram Carl Diebitsch	[phone]
Canaccord Genuity (Joint Broker) Simon Bridges Harry Gooden George Grainger	[phone]

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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

 

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