Grant of Options

21 Sep 2005 12:38

Bango PLC21 September 2005 21 SEPTEMBER 2005 BANGO PLC ("Bango" or "the Company") Grant of Options The Board of Bango has today granted options over a total of 291,000 ordinaryshares in the Company to employees of the Company. These options are beinggranted pursuant to the Bango EMI and Unapproved Share Option Schemes, detailsof which are set out in the admission document published by the Company at thetime of its admission to AIM in June 2005. Included in the above are optionsover 50,000 ordinary shares in the Company awarded to Peter Saxton, theCompany's Chief Financial Officer. The options are exercisable at a price of 202p per share for a period of 3 yearsfollowing the date of the grant, beginning 3 months from the date of the grantin respect of 1/12th of their entitlement and a further 1/12th every quarterthereafter until fully vested. For further information, please contact: Bango plc ICIS LimitedTel. +44 (0)1223 472777 Tel. +44 (0)20 7651 8688Ray Anderson, CEO Tom MoriartyPeter Saxton, CFO Archie Berens This information is provided by RNS The company news service from the London Stock Exchange