BANGO PLC
("Bango" or the "Company")
Share Options Grant and Director/PDMR Dealings
Cambridge, UK, 10 June 2025 - Bango (AIM: BGO), announces that, in line with the established policy of allocating employee share options, certain Directors and employees were granted options ("Share Options") to subscribe for ordinary shares of 20 pence each in the capital of Bango ("Ordinary Shares") at the nominal value of 20 pence per Ordinary Share under the Bango Employee Share Option Scheme. Details of those Persons Discharging Managerial Responsibilities (PDMRs) who were granted Share Options can be found below:
| Director / PDMR | Role / Position | Number of Share Options Granted |
| Paul Larbey | Chief Executive Officer & Director | 75,000 |
| Ray Anderson | Executive Chair & Director | 20,000 |
| Matthew Wilson | Chief Financial Officer & Director | 50,000 |
| Rachel Ellis | General Counsel & Company Secretary | 12,000 |
| Wayne Griffiths | Chief Operating Officer | 25,000 |
All Share Options vest in one tranche after 3 years from date of issue and may be exercised up to the seventh anniversary of the date of grant and have been granted as part of The Bango Employee Share Option Scheme.
The vesting of Share Options for the Executive Directors is subject to certain performance conditions being met. The number of vested Share Options can be less than those listed above depending on the result of the performance condition measurement. Performance conditions have been set against both share price and revenue growth.
ENDS
Engage with the Bango management team directly by asking questions, watching video summaries and seeing what other shareholders have to say. Navigate to our interactive Investor hub here: https://bangoinvestor.com/
For further information, please contact:
| Investor questions on this announcement We encourage all investors to share questions on this announcement via our investor hub | https://bangoinvestor.com/ |
| Bango PLC Paul Larbey, CEO Matt Wilson, CFO | +44 1223 617 387 |
| Singer Capital Markets (Nominated Adviser and Broker) Jen Boorer Asha Chotai | +44 20 7496 3000 |
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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 |
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| a) | Name | 1. Paul Larbey 2. Ray Anderson 3. Matthew Wilson 4. Rachel Ellis 5. Wayne Griffiths | ||||||||||||||||||
| 2 | Reason for notification |
| ||||||||||||||||||
| a) | Position/Status | 1. Chief Executive Officer & Director 2. Executive Chair & Director 3. Chief Financial Officer & Director 4. General Counsel & Company Secretary 5. Chief Operating Officer | ||||||||||||||||||
| 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 over Ordinary Shares of 20 pence each GB00B0BRN552 | ||||||||||||||||||
| b) | Nature of the transaction | Grant of Share Options pursuant to The Bango Employee Share Option Scheme. | ||||||||||||||||||
| c) | Price(s) and volume(s)
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| d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction
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| e) | Date of the transaction | 9 June 2025 | ||||||||||||||||||
| f) | Place of the transaction | Off market |
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