Business
Share Option Grant & Addition
Share Option Grant & Addition.
About this update from Bango Plc
[{"type":"text","content":"\n RNS Number : 7851X Bango PLC 10 December 2010 \n \n\n10 December 2010\nImmediate Release\n \nBANGO PLC\n(\"Bango\" or \"the Company\")\n \nShare Options Grant and Additional Listing\n \nBango plc (AIM:BGO.L), the mobile web payments and analytics company, announces that on 10th December 2010 under the Company's Unapproved Share Option Scheme, Peter Saxton, a Director of the Company, was granted the following number of options to subscribe for ordinary shares of 20p each in the Company all at the exercise price of 131.5p being the closing mid-market price on 9th December 2010.\n \n\n\n\n\nDirector\n\n\nPeter Saxton\n\n\n\n\nPosition\n\n\nChief Financial Officer\n\n\n\n\nNumber of Options Granted\n\n\n31,250\n\n\n\n\n\nThe options vest over a three year period, in twelve equal instalments, one twelfth each quarter and may be exercised up to the tenth anniversary of the date of grant.\n \nThe Company also announces that 28,393 new Ordinary Shares of 20p each ('New Ordinary Shares') have been issued and allotted following exercises of employee options.\n \nApplication has been made to the London Stock Exchange for the New Ordinary Shares, which will rank pari passu with the existing shares in issue, to be admitted to trading on AIM, and admission is expected to become effective on 17 December 2010.\n \nThe Company's total issued share capital after the admission of the New Ordinary Shares will be 37,897,159 Ordinary Shares. The Company does not currently hold any shares in treasury. This figure of 37,897,159 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules. \n \nContact Details: \n \n\n\n\n\nBango plc \n\n\nThreadneedle Communications\n\n\nCenkos Securities plc\n\n\n\n\nTel. +44 1223 472777 \nwww.bango.com\n\n\nTel. +44 (0) 207 653 9850\n\n\nTel. +44 (0)207 397 8900\n \n\n\n\n\nRay Anderson, CEO \n\n\nCaroline Evans-Jones \n\n\nKen Fleming\n\n\n\n\nPeter Saxton, CFO \n\n\nFiona Conroy\n\n\nBeth McKiernan\n\n\n\n\n \nAbout Bango \n \nBango (AIM: BGO) provides technology that enables commerce on the mobile we...