RNS Number : 4897A
Bango PLC
01 August 2008
01 August 2008
Bango plc
("Bango" or "the Company")
Directors Shareholding and Shares in Issue
Following the announcement on the 29 July 2008 of the conditional placing of 1,345,000 new
Ordinary Shares at 33.5 pence each ( "Placing
Price") (the "Placing Shares") the Placing Shares have today been admitted to trading on AIM.There are now 28,295,606 Ordinary Shares in
issue.
As part of the Placing, Mr. Ray Anderson, CEO and co-founder of the Company, subscribed
for 476,776 of the Placing Shares at the Placing
price. Following the subscription, Mr. Anderson is interested in 6,424,036 Ordinary Shares, or
22.7% of the current issued share capital of
the Company.
In additional, Mr. Anil Malhotra, VP Marketing and Alliances and co-founder of the
Company, subscribed for 20,000 of the Placing Shares
at the Placing Price. Following the subscription, Mr. Malhotra is interested in 4,027,000
Ordinary Shares, or 14.2% of the current issued
share capital of the Company.
For further information please contact:
Bango plc ICIS Panmure Gordon & Co
Tel. +44 1223 472777 Tel. +44 20 7651 8688 Tel. +44 20 7459 3600
www.bango.com
Ray Anderson, CEO Tom Moriarty Aubrey Powell
Peter Saxton, CFO Caroline Evans-Jones Stuart Gledhill
About Bango
Bango (AIM: BGO) has developed and operates the technology that enables content providers
to quickly and easily market, sell and deliver
their products and services directly to mobile phone users on all mobile networks using the
mobile web.
Businesses of all sizes, from individuals to global brands use Bango to engage with their
existing and potential mobile customers
directly - irrespective of mobile operator.
For further information visit www.bango.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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