Last checked at 27 Mar 2019 15:36
27 March 2019
BANGO PLC
Grant of Options
Bango (AIM: BGO), the mobile commerce company, announces that on 27 March 2019, and in line with the established policy of allocating employee share options to Directors and employees, the following Directors and PDMRs were granted options to subscribe for ordinary shares at the exercise price of 92.5 pence being the closing price on 26 March 2019.
Executive Director | Title | Number of options | Exercise Price |
Ray Anderson | CEO | 50,000 | 92.5p |
Anil Malhotra | CMO | 50,000 | 92.5p |
Carolyn Rand | CFO | 50,000 | 92.5p |
The options vest over a three year period, in twelve equal installments, one twelfth each quarter and may be exercised up to the tenth anniversary of the date of grant. The options have been granted as part of The Bango Unapproved Employee Share Option Scheme.
For further information please contact:
Bango PLC | FTI Consulting | Cenkos Securities PLC |
Tel. +44 333 077 0247 | Tel. +44 203 727 1000 | Tel. +44 131 220 6939 |
Ray Anderson, CEO Carolyn Rand, CFO Anil Malhotra, CMO | Matt Dixon Rob Mindell | Beth McKiernan Neil McDonald Peter Lynch |
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 | Ray Anderson | ||||
2 | Reason for notification | |||||
a) | Position/Status | PDMR - 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 under the Bango Unapproved Share Option Plan GB00B0BRN552 | ||||
b) | Nature of the transaction | Award of Share Options | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction
| ||||
e) | Date of the transaction | 27 March 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Anil Malhotra | ||||
2 | Reason for notification | |||||
a) | Position/Status | PDMR - 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 under the Bango Unapproved Share Option PlanGB00B0BRN552 | ||||
b) | Nature of the transaction | Award of Share Options | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction
| ||||
e) | Date of the transaction | 27 March 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Carolyn Rand | ||||
2 | Reason for notification | |||||
a) | Position/Status | PDMR - 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 under the Bango Unapproved Share Option Plan GB00B0BRN552 | ||||
b) | Nature of the transaction | Award of Share Options | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction
| ||||
e) | Date of the transaction | 27 March 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM |
About Bango
Merchants, app store and payment providers cross the threshold into the Bango ecosystem to converge, grow and thrive.
By bringing businesses together and powering e-commence with unique data-driven insights, Bango delivers new business opportunities and new dimensions of growth for customers around the world. Being inside the Bango circle means global merchants including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) can work together with payment partners from Africa to the Americas, accelerating the performance of everyone on the inside.
Bango. Think inside the circle. For more information, visit www.bango.com.