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Director/PDMR Shareholding

8 Oct 2024 16:12

RNS Number : 4148H
Bango PLC
08 October 2024
 

 

 

 

 

BANGO PLC

 

("Bango" or the "Company")

 

Share Options Grant and Director/PDMR Dealings

 

 

Cambridge, UK, 8 October 2024 - Bango (AIM: BGO), announces that on 1 October 2024, in line with the established policy of allocating employee share options, certain Directors and employees (as listed in the table below) were granted options to subscribe for ordinary shares of 20 pence each in the capital of Bango ("Ordinary Shares") at an exercise price of 115 pence per share, being the closing price on 30 September 2024 (the "Exercise Price") under the Bango Employee Share Option Scheme. 

The options for the Executive Directors vest after three years, in one tranche, subject to the satisfaction of certain performance conditions. All other options vest over a three-year period, in twelve equal instalments, one twelfth each quarter. All options may be exercised up to the tenth anniversary of the date of grant and have been granted as part of The Bango Employee Share Option Scheme.

 

Contact Details:  

 

Bango PLC  

Singer Capital Markets (Nominated Adviser and Broker) 

+44 1223 617 387  

+44 20 7496 3000 

investors@bango.com 

Paul Larbey, CEO 

Jen Boorer 

Matt Garner, CFO  

Asha Chotai 

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, visitwww.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)

115p

200,000

 

d)

Aggregated information

- Aggregated volume

- Price

N/A Single Transaction

 

e)

Date of the transaction

1 October 2024

f)

Place of the transaction

Off market

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Raymond 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)

115p

50,000

 

d)

Aggregated information

- Aggregated volume

- Price

N/A Single Transaction

 

e)

Date of the transaction

1 October 2024

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)

115p

50,000

 

d)

Aggregated information

- Aggregated volume

- Price

N/A Single Transaction

 

e)

Date of the transaction

1 October 2024

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)

115p

50,000

 

d)

Aggregated information

- Aggregated volume

- Price

N/A Single Transaction

 

e)

Date of the transaction

1 October 2024

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)

115p

45,000

 

d)

Aggregated information

- Aggregated volume

- Price

N/A Single Transaction

 

e)

Date of the transaction

1 October 2024

f)

Place of the transaction

Off market

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Rachel Christine Ellis

2

Reason for notification

 

a)

Position/Status

Company Secretary 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)

115p

25,000

 

d)

Aggregated information

- Aggregated volume

- Price

N/A Single Transaction

 

e)

Date of the transaction

1 October 2024

f)

Place of the transaction

Off market

 

 

 

 

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END
 
 
DSHEVLFBZBLFFBF
Date   Source Headline
19th Sep 20116:16 pmRNSResult of AGM
19th Sep 20111:01 pmRNSAdditional Listing
14th Sep 20114:34 pmRNSGrant of Options
6th Sep 20112:06 pmRNSPosting of Annual Report and Accounts
29th Jul 201111:23 amRNSAdditional Listing
22nd Jul 20114:28 pmRNSAdditional Listing
6th Jul 20115:09 pmRNSAdditional Listing
30th Jun 20111:21 pmRNSAdditional Listing
24th Jun 20117:00 amRNSSigns Second Major App Store
23rd Jun 20115:29 pmRNSAdditional Listing
14th Jun 20117:00 amRNSPreliminary Results
7th Jun 20117:00 amRNSApp Store Update & Notice of Results
10th May 20111:21 pmRNSHolding(s) in Company
15th Apr 201110:40 amRNSAdditional Listing
28th Mar 20114:34 pmRNSGrant of Options
28th Feb 20117:00 amRNSTrading Update
8th Feb 20117:00 amRNSAppointment of Deputy Chairman
7th Feb 20111:48 pmRNSHolding(s) in Company
6th Jan 20117:00 amRNSBoard Change and Director's Shareholding
21st Dec 20103:44 pmRNSAdditional Listing
17th Dec 20103:43 pmRNSHolding(s) in Company
16th Dec 201010:43 amRNSAdditional Listing
10th Dec 20105:17 pmRNSShare Option Grant & Additional Listing
10th Dec 20107:00 amRNSPlacing to raise £2.4 million
6th Dec 201012:00 pmRNSAdditional Listing
2nd Dec 20106:06 pmRNSAdditional Listing
23rd Nov 20107:00 amRNSInterim Results
16th Nov 20107:00 amRNSNotice of Results
26th Oct 20107:00 amRNSTrading Update
26th Oct 20107:00 amRNSTrading Update
22nd Oct 20105:47 pmRNSHolding(s) in Company
22nd Oct 20105:47 pmRNSHolding(s) in Company
4th Oct 20105:46 pmRNSAdditional Listing
27th Sep 20101:56 pmRNSResult of AGM
24th Sep 20107:00 amRNSAGM Statement
23rd Sep 20101:50 pmRNSHolding(s) in Company
17th Sep 20102:36 pmRNSDirector/PDMR Shareholding
1st Sep 20106:15 pmRNSNotice of AGM & Posting of Annual Report
20th Aug 20107:00 amRNSAppointment of Non-Executive Director
19th Jul 20104:26 pmRNSAdditional Listing
30th Jun 20109:55 amRNSAdditional Listing
16th Jun 20107:00 amRNSPreliminary Results
8th Jun 20105:00 pmRNSAdditional Listing
3rd Jun 201011:39 amRNSAppointment of Non-Executive Director
2nd Jun 20107:00 amRNSNotice of Final Results
20th Apr 20107:00 amRNSCommercial Discussions with RIM
23rd Mar 20104:19 pmRNSShare Option Grant
26th Feb 20104:52 pmRNSDirector/PDMR Shareholding
23rd Feb 20105:36 pmRNSAdditional Listing
5th Jan 20104:04 pmRNSResult of General Meeting

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