Grant of options

25th September 2017 | Bango plc

Bango (AIM: BGO), the mobile payments company, announces that on 22 September 2017, and in line with the previous policy of allocating employee share options to directors, the following directors were granted options to subscribe for ordinary shares at the exercise price of 255 pence being the closing price on 21 September 2017.

Ray Anderson (CEO) – 50,000 options

Anil Malhotra (CMO) – 50,000 options

Rachel Elias-Jones (CFO) –  50,000 options

The options vest over a three year period, in twelve equal installments, one twelfth each quarter and may be exercised up to the tenth anniversary of the date of grant. The options have been granted as part of The Bango Employee Share Option Scheme.