Grant of Options to Director

7 Jun 2006 09:23

Bango PLC07 June 2006 7 June 2006 Bango Plc ("Bango" or "the Company") Grant of options The Company announces that, on 25 May 2006, options were granted over 50,000ordinary shares of 20p each in the Company to Peter Saxton, Chief FinancialOfficer of Bango. The options are exercisable under the terms of the Unapproved Option Scheme at aprice of 140p per share for a period of 3 years following the date of the grant,beginning 3 months from the date of the grant in respect of 1/12th of theirentitlement and a further 1/12th every quarter thereafter until fully vested.The options have a life of 10 years. This information is provided by RNS The company news service from the London Stock Exchange