Business
Directorate change
Bango PLC announced the immediate appointment of Duncan Magrath as a Non-Executive Director and Chair of the Audit Committee, effective June 26, 2026. Magrath brings extensive financial management experience, having served as CFO of FTSE 250 company Alfa Financial Software Holdings PLC since 2020 and previously holding CFO roles at Brammer plc and Balfour Beatty. His appointment is expected to strengthen the board and support Bango's strategic initiatives and growth within the subscription economy. Disclaimer*
About this update from Bango Plc
Bango PLC ("Bango") Appointment of Non-Executive Director Cambridge, UK, 26 June 2026 - Bango (AIM: BGO), is pleased to announce that, effective immediately, Duncan Magrath has been appointed to the Bango Board as a Non-Executive Director and Chair of the Audit Committee. Duncan brings extensive expertise across all aspects of financial management, including financial reporting, treasury, investor relations, governance, and risk management in both listed and private companies. Duncan is the CFO of the FTSE 250 listed Alfa Financial Software Holdings PLC, a position he has held since 2020. Before that, he was Group CFO at Brammer plc, where he oversaw the transition from public to private ownership and supported its transformation into Rubix through acquisitions and mergers. Previously, Duncan spent seven years as Group CFO at Balfour Beatty. Duncan began his career at Price Waterhouse, where he spent six years and qualified as a Chartered Accountant. Darcy Antonellis, Chair of Bango commented: "I am pleased to welcome Duncan to Bango. His extensive financial management, reporting and governance expertise will further strengthen the Board and support Bango's strategic initiatives and growth." Commenting on his appointment, Duncan Magrath said: "I am delighted to be joining the Bango Board at such an exciting time for the business. Bango is uniquely positioned at the center of the rapidly expanding subscription economy, and I look forward to working with the Board and management team to deliver value for shareholders." Additional Information Duncan Jonathan Magrath (aged 62) is, or has been, a Director or partner of the following companies or partnerships during the previous five years: Current Directorships/partnerships Previous Directorships/partnerships · Alfa Financial Software Holdings PLC · Alfa Financial Software International Limited · Alfa Financial Software Limited · Alfa Financial Software Group Limited · N/A Save as set out above, there are no disclosures in respect of the appointment of Duncan Magrath to be made under paragraph (g) of Schedule Two of the AIM Rules for Companies. ...