RNS Number : 4244G
Bango PLC
18 July 2023
 

 

18 July 2023

 

 

The following amendment has been made to the Director/PDMR Dealings announcement released on 3 February 2023 at 17:35 under RNS Number 9334O.

The correction relates to Frank Bury's direct and indirect interest in Ordinary Shares in the Company which should have been 477,250 Ordinary Shares representing approximately 0.62% of the total issued share capital*.

All other details remain unchanged.

The full amended text is shown below.

 

BANGO PLC

 

("Bango" or the "Company")

 

Correction - Director/PDMR Dealings

 

Bango (AIM: BGO), the global platform for data-driven commerce, announces three director/PDMR transactions.

·    On 03 February 2023, Raymond Anderson, Executive Chair of Bango, transferred a total of 142,000 Bango ordinary shares of 20 pence each ("Ordinary Shares") to their progeny at nil cost of which 71,000 were transferred to Coco Anderson, who is considered a person closely associated ("PCA") with Raymond Anderson. In addition, 10,816 Bango ordinary shares of 20 pence each were gifted a UK registered charity. Following the transfers, Raymond Anderson has a direct interest in 6,400,000 Ordinary Shares representing approximately 8.37% of the total issued share capital*.

·     On 02 February 2023, Anil Malhotra, Chief Marketing Officer of Bango, sold 400,000 Ordinary Shares at a price of 225p, followed by a further 950,000 Ordinary shares on 03 February 2023 at a price of 224.50p ('the sale'). The sale was completed in order to fulfil a personal financial commitment relating to a divorce settlement. Following the sale, Anil Malhotra has a direct interest in 2,623,502 Ordinary Shares representing approximately 3.43% of the total issued share capital*.

·    On 03 February 2023, Frank Bury, Non-Executive Director at Bango and certain of his persons closely associated ("PCAs") purchased 100,000 Bango Ordinary Shares in aggregate at a price of 225p ('the purchase'). Following the purchase, Frank Bury has a direct and indirect interest in 477,250 Ordinary Shares representing approximately 0.62% of the total issued share capital*.

 

 

*as at 3 February 2023

 

 Contact Details:  

  

Bango PLC  

Singer Capital Markets

(Nominated Adviser and Joint Broker)

Stifel Nicolaus Europe Limited (Joint Broker)

Tel. +1223 617 387 

Tel. +44 20 7496 3057

+44 20 7710 7600

E. investors@bango.com






Paul Larbey, CEO

Harry Gooden

Nick Adams

Matt Garner, CFO 

Jen Boorer

Alex Price

Anil Malhotra, CMO 

Asha Chotai

Ben Burnett

Rebecca Jamieson, IR



 

 

About Bango

 

The world's largest online merchants, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT), use Bango technology to acquire more paying users. 

Bango has developed unique purchase behavior technology that enables millions more users to buy the products and services they want, using innovative methods of payment including carrier billing, digital wallets and subscription bundling. Bango harnesses this purchase activity into valuable marketing segments, called Bango Audiences. Merchants use these audiences to target their marketing at paying customers based on their purchase behavior. Better targeting increases spend through the Bango payments business, in turn generating more data insights, creating a powerful virtuous circle that drives continuous growth. Everyone connected to the Bango Platform thrives as the virtuous circle grows. 

Bango, the technology behind every payment choice. For more information, visit www.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

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

Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

Share transfer

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

 142,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

03 February 2023

f)

Place of the transaction

Off market

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Coco Anderson

2

Reason for notification

 

a)

Position/Status

PCA of Raymond Anderson

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

Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

 Share transfer

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

71,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

03 February 2023

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

CMO 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

Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

Share sale

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

225p

 400,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

 

e)

Date of the transaction

02 February 2023

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

CMO 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

Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

Share sale

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

224.5p

 750,000

224.5p

100,000

224.5p

100,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

950,000

224.5p

 

e)

Date of the transaction

03 February 2023

f)

Place of the transaction

London Stock Exchange, AIM

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Frank Simon Bury

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

Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

225p

 40,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

30,000 Bango Ordinary Shares into his ISA

10,000 Bango Ordinary Shares into his SIPP

Both at 225p per Bango Ordinary share

e)

Date of the transaction

03 February 2023

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Antonia Bury

2

Reason for notification

 

a)

Position/Status

PCA of Frank Bury, 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

Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

225p

 20,000

 

d)

Aggregated information

-       Aggregated volume

-       Price

N/A Single Transaction

e)

Date of the transaction

03 February 2023

f)

Place of the transaction

London Stock Exchange, AIM

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Willa Bury

2

Reason for notification

 

a)

Position/Status

PCA of Frank Bury, 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

Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

225p

 12,500

 

d)

Aggregated information

-       Aggregated volume

-       Price

7,500 Bango Ordinary Shares into her ISA

5,000 Bango Ordinary Shares into her SIPP

Both at 225p per Bango Ordinary Share

e)

Date of the transaction

03 February 2023

f)

Place of the transaction

London Stock Exchange, AIM

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Luke Bury

2

Reason for notification

 

a)

Position/Status

PCA of Frank Bury, 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

Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

225p

 12,500

 

d)

Aggregated information

-       Aggregated volume

-       Price

7,500 Bango Ordinary Shares into his ISA

5,000 Bango Ordinary Shares into his SIPP

Both at 225p per Bango Ordinary Share

e)

Date of the transaction

03 February 2023

f)

Place of the transaction

London Stock Exchange, AIM

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Florence Bury

2

Reason for notification

 

a)

Position/Status

PCA of Frank Bury, 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

Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

225p

 7,500

 

d)

Aggregated information

-       Aggregated volume

-       Price

2,500 Bango Ordinary Shares into her ISA

5,000 Bango Ordinary Shares into her SIPP

Both at 225p per Bango Ordinary Share

e)

Date of the transaction

03 February 2023

f)

Place of the transaction

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Isadora Bury

2

Reason for notification

 

a)

Position/Status

PCA of Frank Bury, 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

Ordinary Shares of 20 pence each

GB00B0BRN552

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

225p

 7,500

 

d)

Aggregated information

-       Aggregated volume

-       Price

2,500 Bango Ordinary Shares into her ISA

5,000 Bango Ordinary Shares into her SIPP

Both at 225p per Bango Ordinary Share

e)

Date of the transaction

03 February 2023

f)

Place of the transaction

London Stock Exchange, AIM

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHGPUMGMUPWGQR