Bango PLC Director/PDMR Shareholding (2969M)

TIDMBGO

RNS Number : 2969M

Bango PLC

27 July 2017

27 July 2017

BANGO PLC

("Bango")

PDMR Shareholding

Bango PLC (AIM: BGO), the mobile payments company, has today been informed that on 24 July 2017, Mark Rosten, SVP of Development of Bango, exercised options over 30,000 shares and subsequently sold the entire amount at a price of 265 pence per share.

ANNEX

Template for 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                       Mark Rosten 
---  -------------------------  ----------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------- 
 a)   Position/status            SVP Development 
---  -------------------------  ----------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ----------------------------- 
 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             Employee share option scheme 
       the financial              over ordinary shares 20p 
       instrument, type           each. 
       of instrument 
                                  GB00B0BRN552 
       Identification 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Exercise of share options 
       transaction                at a price of 88.5 pence 
                                  per share. 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    GBP2.65     30,000 
                                   ----------  ---------- 
---  -------------------------  ----------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         30,000 
 
       - Price                     GBP2.65 price per share 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    24 July 2017 
---  -------------------------  ----------------------------- 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  ----------------------------- 
 

For further information please contact:

 
 Bango plc 
                                  +44 3330 
 Ray Anderson, CEO                 770 247 
 Rachel Elias-Jones, CFO 
 Anil Malhotra, CMO 
 
 Cenkos Securities plc 
 
 Nick Tulloch / Beth McKiernan     +44 131 
  / Neil McDonald                   220 6939 
 
 
  FTI Consulting 
                                  [phone] 
 Chris Lane / Rob Mindell          1000 
 

About Bango

Bango is the standard platform chosen by leading global stores to deliver mobile payments to everyone. As the next billion consumers adopt their first smartphone and look for universal payment methods, Bango will be there to unlock the world of apps, video, music, games and other content that brings those smartphones to life. Global stores plugging into the Bango Payment Platform include Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG), Samsung (005930: Korea SE) and Microsoft (NASDAQ: MSFT). Bango also partners with leading payment providers around the world to drive new users and revenues through its industry-leading mobile payment solutions. For more information, visit www.bango.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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July 27, 2017 06:15 ET (10:15 GMT)