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Bango Chair Ray Anderson Gifts Over 400,000 Shares to Family and Charity

Story Highlights
  • Bango’s executive chair Ray Anderson transferred 200,000 shares to his children, including 100,000 to Coco Anderson, at no cost.
  • He also gifted 203,194 shares to a UK charity and now holds about 7.39% of Bango’s issued share capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bango Chair Ray Anderson Gifts Over 400,000 Shares to Family and Charity

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Bango plc ( (GB:BGO) ) has shared an update.

Bango plc has disclosed a series of share transfers by Executive Chair Ray Anderson, who has gifted 200,000 ordinary shares to his children at no cost, including 100,000 shares to his closely associated person, Coco Anderson, and a further 203,194 shares to an independent UK-registered charity. Following these off-market transactions on 29 January 2026, Anderson retains a direct and indirect interest in 5,688,960 Bango shares, representing approximately 7.39% of the company’s issued share capital, signalling a redistribution of his holdings without a material reduction in his overall stake in the business.

The most recent analyst rating on (GB:BGO) stock is a Hold with a £95.00 price target. To see the full list of analyst forecasts on Bango plc stock, see the GB:BGO Stock Forecast page.

Spark’s Take on GB:BGO Stock

According to Spark, TipRanks’ AI Analyst, GB:BGO is a Neutral.

Bango plc’s overall stock score is driven by strong financial performance and positive earnings call highlights, particularly in the Digital Vending Machine segment and EBITDA growth. However, technical analysis indicates potential bearish momentum, and valuation concerns persist due to negative earnings and lack of dividends. The company’s strategic expansions and financial flexibility are positive, but profitability improvements are needed to enhance the stock’s attractiveness.

To see Spark’s full report on GB:BGO stock, click here.

More about Bango plc

Bango plc is a UK-based technology company that enables content providers to reach more paying customers through global partnerships. It specialises in monetizing digital content and services by facilitating online payments for mobile phone users worldwide, with its Digital Vending Machine® platform supporting the fast-growing subscriptions economy. Major global content providers, including Amazon, Google and Microsoft, use Bango’s technology to broaden their subscriber reach.

Average Trading Volume: 108,067

Technical Sentiment Signal: Strong Sell

Current Market Cap: £63.51M

Learn more about BGO stock on TipRanks’ Stock Analysis page.

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