Director/PDMR Shareholding
Bango PLC announced the grant of share options to certain Directors and employees under its Employee Share Option Scheme, with the Chief Executive Officer receiving 75,000 options, the Chief Financial Officer 50,000, the Chief Operating Officer 30,000, and the General Counsel 12,000, all at a nominal exercise price of 20 pence per ordinary share. These options vest in three years and are exercisable up to seven years from the grant date, with executive director vesting subject to performance conditions related to share price and revenue growth.
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Cambridge, UK, 28 September 2026 - 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 |
| Matthew Wilson | Chief Financial Officer & Director | 50,000 |
| Rachel Ellis | General Counsel & Company Secretary | 12,000 |
| Wayne Griffiths | Chief Operating Officer | 30,000 |
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. Vested options may be exercised up to the seventh anniversary of the date of the grant.
| Bango PLC Paul Larbey, CEO Matt Wilson, CFO | +44 1223 617 387 |
| Singer Capital Markets (Nominated Adviser and Joint Broker) Jen Boorer Daniel Ingram Carl Diebitsch | +44 20 7496 3000 |
| Canaccord Genuity (Joint Broker) Simon Bridges Harry Gooden George Grainger | +44 20 7523 8000 |
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| 2 | Reason for notification | |
| a) | Position/Status | 1. Chief Executive Officer & Director 2. Chief Financial Officer & Director 3. General Counsel & Company Secretary 4. Chief Operating Officer |
| b) | Initial notification/Amendment | Initial Notification |
| a) | Name | Bango PLC |
| b) | LEI | 213800V5MWHQCL7RF574 |
| 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) | Price(s) Volume(s) 1. 20p 75,000 2. 2 0p 50,000 3. 2 0p 12,000 4. 2 0p 30,000 |
| d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction |
| e) | Date of the transaction | 28 September 2026 |
| f) | Place of the transaction | Off market |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.