Last checked at 3 Apr 2017 16:03
3 April 2017
BANGO PLC
("Bango")
Director Shareholding
Bango PLC (AIM: BGO), the mobile payments company, has today been informed that on 3 April 2017, Anil Malhotra, CMO of Bango, sold 10,000 shares at a price of 151 pence per share in order to use his and his spouse's annual Capital Gains Tax Allowances for the tax year 2016/2017.
Following the sale, Mr Malhotra's total holding in Bango is 3,976,815 shares representing approximately 6.08 per cent. of the total issued share capital.
Bango also announces that Ray Anderson, Chief Executive Officer of Bango, has sold 14,000 shares at a price of 147 pence per share in order to use his and his spouse's annual Capital Gains Tax Allowances for the tax year 2016/2017. He has also arranged for a transfer of 47,689 shares to his daughter, and this is expected to be completed today.
Following this sale and transfer, Mr Anderson's total holding in Bango is 6,567,260 shares representing approximately 10.05 per cent. of the total issued share capital.
For further information please contact:
Bango plc | |
Ray Anderson, CEO | +44 3330 770 247 |
Rachel Elias-Jones, CFO | |
Anil Malhotra, CMO | |
Cenkos Securities plc | |
Nick Tulloch / Beth McKiernan / Neil McDonald | +44 131 220 6939 |
FTI Consulting | |
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.