Director dealings: Bango co-founder offloads 600,000 shares

Bango revealed on Friday that chairman Raymond Anderson had disposed of 600,000 ordinary shares in the AIM-listed commerce platform operator.

Anderson, who co-founded Bango in 1999, offloaded the shares on Thursday at an average price of 231.50p each, for a total value of £1.38m.

Following the sale, Anderson has a direct interest in 5.8m ordinary Bango shares, representing approximately 7.59% of the company's issued share capital.

As of 1555 GMT, Bango shares were down 1.23% at 231.12p.

Reporting by Iain Gilbert at Sharecast.com

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Jubilee Metals Group (JLP)
Director name: Oliveira,Ollie
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Top Director Sells

Bango (BGO)
Director name: Anderson, Ray
Amount sold: 600,000 @ 231.50p
Value: £1,389,000.03