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

(Sharecast News) - 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

Top Director Buys

Jubilee Metals Group (JLP) Director name: Oliveira,Ollie Amount purchased: 326,000 @ 9.11p Value: £29,711.64

Britvic (BVIC) Director name: Durant,Ian Amount purchased: 3,075 @ 810.30p Value: £24,916.72

Jubilee Metals Group (JLP) Director name: Coetzer,Leon Amount purchased: 270,000 @ 9.10p Value: £24,570.00

Staffline Group (STAF) Director name: Quint,Daniel Amount purchased: 50,000 @ 35.50p Value: £17,750.00

Victrex Plc (VCT) Director name: Court ,Martin Amount purchased: 8 @ 1,876.50p Value: £150.12

Superdry (SDRY) Director name: Dunkerton,Julian Amount purchased: 1 @ 111.80p Value: £1.12

Top Director Sells

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

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.