Bango PLC
("Bango")
PDMR Share purchases via Employee Share Incentive Plan
Cambridge, UK, 21 June 2024 - Bango (AIM: BGO), announces Director and PDMR share purchases via its employee share incentive plan (the "SIP") which was established in in November 2022.
On 20 June 2024, the Company received notification from Equiniti Share Plan Trustees Limited, the trustee of the SIP, that on 19 June 2024 it purchased in aggregate 11,475 Ordinary Shares in the market at a price of 141.25p per Ordinary Share on behalf of those Directors and PDMRs set out in the table below. These individuals were awarded Matching Shares in accordance with the terms of the SIP.
| Director / PDMR | Title and Position | Number of Partnership Shares acquired under the SIP on 19 June 2024 | Number of Matching Shares acquired under the SIP on 19 June 2024 | Total beneficial holding of Ordinary Shares following these acquisitions | |
| Number of Ordinary Shares | Approximate % of Company's issued share capital | ||||
| Paul Larbey | CEO and Director | 1,275 | 2,550 | 68,324 | 0.09% |
| Wayne Griffiths | COO and PDMR | 1,275 | 2,550 | 9,162 | 0.01% |
| Rachel Ellis | Company Secretary and PDMR | 1,274 | 2,548 | 20,450 | 0.03% |
Contact Details:
| Bango PLC | Singer Capital Markets (Nominated Adviser and Broker) | |
| +44 1223 617 387 | +44 20 7496 3000 | |
| | ||
| | | |
| Paul Larbey, CEO | Jen Boorer | |
| Matt Garner, CFO | Asha Chotai | |
| | | |
| | |
|
About Bango
Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.
The world's largest content providers, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) trust Bango technology to reach subscribers everywhere.
Bango, where people subscribe. 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 | Paul Douglas Larbey | ||||||||||
| 2 | Reason for notification | |||||||||||
| a) | Position/Status | Chief Executive Officer 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 | 1. Purchase of partnership shares under the SIP 2. Award of matching shares under the SIP | ||||||||||
| c) | Price(s) and volume(s)
|
| ||||||||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||||||||
| e) | Date of the transaction | 19 June 2024 | ||||||||||
| f) | Place of the transaction | London Stock Exchange XLON | ||||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||
| a) | Name | Wayne Griffiths | ||||||||||
| 2 | Reason for notification | |||||||||||
| a) | Position/Status | Chief Operating Officer and PDMR | ||||||||||
| 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 | 1. Purchase of partnership shares under the SIP 2. Award of matching shares under the SIP | ||||||||||
| c) | Price(s) and volume(s)
|
| ||||||||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||||||||
| e) | Date of the transaction | 19 June 2024 | ||||||||||
| f) | Place of the transaction | London Stock Exchange XLON | ||||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||
| a) | Name | Rachel Christine Ellis | ||||||||||
| 2 | Reason for notification | |||||||||||
| a) | Position/Status | Company Secretary and PDMR | ||||||||||
| 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 | 1. Purchase of partnership shares under the SIP 2. Award of matching shares under the SIP | ||||||||||
| c) | Price(s) and volume(s)
|
| ||||||||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||||||||
| e) | Date of the transaction | 19 June 2024 | ||||||||||
| f) | Place of the transaction | London Stock Exchange XLON | ||||||||||
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.