TIDMBGO

RNS Number : 9741J

Bango PLC

21 August 2023

21 August 2023

Bango PLC

("Bango")

Director Share purchase via Employee Share Incentive Plan

Bango (AIM: BGO), the global platform for data driven commerce, announces a director share purchase via its employee share incentive plan (the "SIP") which was established in in November 2022.

On 21 August 2023, the Company received notification from Equiniti Share Plan Trustees Limited, the trustee of the SIP, that on 18 August 2023 it purchased in aggregate 900 Ordinary Shares in the market at a price of 200p per Ordinary Share on behalf of Matt Garner, CFO & Director. Details are set out in the table below. Matching Shares were awarded in accordance with the terms of the SIP.

 
 Director        Title        Number of Partnership      Number of          Total beneficial holding 
   / PDMR     and Position       Shares acquired       Matching Shares     of Ordinary Shares following 
                                  under the SIP        acquired under           these acquisitions 
                                   on 18 August          the SIP on 
                                       2023               18 August 
                                                            2023 
                                                                          Number of       Approximate 
                                                                           Ordinary      % of Company's 
                                                                            Shares        issued share 
                                                                                            capital 
                                                                        ------------  ------------------ 
 Matthew     CFO and 
  Garner      Director                 900                 1,800           5, 481          0.00 7 % 
            ---------------  ----------------------  -----------------  ------------  ------------------ 
 

Contact Details:

 
Bango PLC            Singer Capital Markets    Stifel Nicolaus Europe 
                      (Nominated Adviser        Limited (Joint Broker) 
                      and Joint Broker) 
+44 1223 617 387     +44 20 7496 3000          +44 20 7710 7600 
investors@bango.com 
 
Paul Larbey, CEO     Harry Gooden              Nick Adams 
Matt Garner, CFO     Jen Boorer                Richard Short 
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                                       Matthew Jonathan Garner 
     -----------------------------------------  --------------------------------- 
 2    Reason for notification 
     ---------------------------------------------------------------------------- 
 a)   Position/Status                            Chief Financial 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,   Ordinary Shares of 20 
       type of instrument                         pence each 
       Identification code                        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)                                Price(s)   Volume(s) 
                                                        1.   200p       900 
                                                        2.   Nil        1,800 
                                                            ---------  ---------- 
     -----------------------------------------  --------------------------------- 
 d)        Aggregated information                1.    Partnership shares 
             *    Aggregated volume 
                                                        900 
                                                         200p 
             *    Price                                ------------------- 
                                                  2.    Matching shares 
                                                       ------------------- 
 
                                                        1,800 
                                                         Nil 
                                                       ------------------- 
     -----------------------------------------  --------------------------------- 
 e)   Date of the transaction                    18 August 2023 
     -----------------------------------------  --------------------------------- 
 f)   Place of the transaction                   London Stock Exchange 
                                                  XLON 
     -----------------------------------------  --------------------------------- 
 

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END

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(END) Dow Jones Newswires

August 21, 2023 11:27 ET (15:27 GMT)

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