REG - Bango PLC - Directorate Change

BangoAnnouncement

13/06/2024 07:00

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RNS Number : 2250S  Bango PLC  13 June 2024

Bango PLC

 

("Bango")

 

Appointment of Non-Executive Director

 

 

Cambridge, UK, 13 June 2024 - Bango (AIM: BGO), announces that, on 12 June
2024, Anthony (Tony) Perkins FCA, joined its Board as a Non-Executive
Director. Tony has been appointed as Chair of the Audit Committee.

 

Tony, a Chartered Accountant, is currently the Senior Independent
Non-Executive Director and Chair of the Audit Committee at Yu Group PLC, an
AIM-listed B2B energy provider. He provides specialist knowledge of consumer
markets through a directorship at DJ Squire & Co. Ltd, alongside other
business advisory roles.

 

Tony brings skills and experience in audit, risk management and financial
reporting to the Bango Board. His early career was spent at BDO, one of the
top five accounting firms, advising global clients. He was a member of the BDO
leadership team where his roles included Head of the London Office and Head of
National Audit.

 

Commenting on his appointment, Tony Perkins said:

"I am thrilled to be joining the Board of Bango, an exceptional growth company
serving a high value, global market opportunity, backed-up by an outstanding
team and strong culture. Bango has developed powerful technology for its
Digital Vending Machine®, which has been quickly adopted by global merchants
and leading telcos. Bango has taken a market leading position in subscriptions
bundling, which I see as a fundamental structural feature in the subscriptions
market, and I am excited about contributing to this unique growth story".

 

Bango Chair, Ray Anderson, said:

"Tony Perkins brings valuable expertise and financial oversight to Bango,
honed through a successful career in audit and accounting, both as an advisor
and in Board roles. Bango exceeded a 40% compound annual growth rate over the
last six years, and Tony's skills and experience will be crucial as we
continue our rapid expansion in subscription bundling. I welcome his
contribution to our future success."

 

Additional Information

 

Anthony (Tony) John Perkins (aged 65) 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
 ·      D.J. Squire & Co., Limited                                          ·      Bernhard & Co. Ltd

 ·      Kal Portfolio Trading Company Limited (previously Yu Energy
 Limited)

 ·      Yu Energy Holding Limited

 ·      Yu Energy Retail Limited

 ·      Yu Group plc

 ·      Yu Propco Ltd

 ·      Yu Water Limited

 ·      Yu Services Limited

 ·    Yu-Smart Limited

 

Save as set out above, there are no disclosures in respect of the appointment
of Tony Perkins to be made under paragraph (g) of Schedule Two of the AIM
Rules for Companies.

 

ENDS

 

 

Contact Details:

 

 Bango PLC                                         Singer Capital Markets (Nominated Adviser and Broker)
 +44 1223 617 387                                  +44 20 7496 3000
 investors@bango.com (mailto:investors@bango.com)

 Paul Larbey, CEO                                  Jen Boorer
 Matt Garner, CFO                                  Asha Chotai

 

About Bango

 

Bango enables content providers to reach more paying customers through global
partnerships. Bango revolutionized the monetization of digital content and
services, by opening-up online payments to mobile phone users worldwide.
Today, the Digital Vending Machine(®) is driving the rapid growth of the
subscriptions economy, powering choice and control for subscribers.

 

The world's largest content providers, including Amazon (NASDAQ: AMZN), Google
(NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) trust Bango technology to reach
subscribers everywhere.

 

Bango, where people subscribe. For more information, visit
www.bangoinvestor.com (http://www.bangoinvestor.com/)

 

 

 

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