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Last checked at 
6 Jun 2025 07:00
Bango PLC
("Bango" or the "Company")
Directorate Change
Cambridge, UK, 06 June 2025 - Bango, today announces that Anil Malhotra and Frank Bury will not seek re-election to the Board at the Company's 2025 Annual General Meeting ("AGM") on 30 June 2025. Anil and Frank will formally step down from the Board at the conclusion of the AGM.
Anil Malhotra will change from his role as Chief Marketing Officer to take on a new role, focusing on guiding Telcos and other resellers to integrate their AI strategies with the Digital Vending Machine® (DVMTM) platform, creating significant extra value for their customers.
Ray Anderson, Executive Chair, said: "On behalf of the Board I would like to thank Anil and Frank for their outstanding commitment and invaluable contributions to the Board. Frank brought extensive financial industry experience and has provided excellent guidance and counsel to Bango. Anil's passion and skill in communicating the Bango vision won us support from the world's biggest internet companies and has enabled Bango to create a unique market presence with the Digital Vending Machine. His background in AI positions us well to help Telcos use AI to extract value from the data that only the DVM can collect."
Anil Malhotra added: "Bango has been a remarkable journey that started when Ray and I founded the business in 1999. My focus moving forward is to enable Bango, our customers and partners to unlock tremendous value through AI from the DVM platform's unique position at the center of the global subscription ecosystem."
This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The person responsible for arranging release of this announcement on behalf of Bango is Paul Larbey, Chief Executive Officer.
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/link/8r6N0r
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/link/8r6N0r |
Bango PLC Paul Larbey, CEO Matt Wilson, CFO | +44 1223 617 387 |
Singer Capital Markets (Nominated Adviser and Broker) Jen Boorer Asha Chotai | +44 20 7496 3000 |
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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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