REG - Bigblu Broadband PLC - Issue of Equity / PDMR Dealing
RNS Number : 2387LBigblu Broadband PLC04 September 2019Bigblu Broadband plc
("BBB" or the "Company")
Issue of Equity / PDMR Dealing
Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative super-fast broadband services, announces that on 30 August 2019 a total of 25,000 options over ordinary shares of £0.15 each in the Company ("Ordinary Shares") were exercised by Chris Hunter, Chief Sales Officer, at a price of 78.75 pence under the Company's Enterprise Management Incentive 2015 Share Option Scheme. 25,000 Ordinary Shares were subsequently disposed by Chris Hunter on 30 August 2019 at a price of 111 pence per share.
As a result of the transaction, application has been made for a total of 25,000 new Ordinary Shares to be admitted to trading on AIM on 13 September 2019.
Total voting rights
Following admission, the Company will have a total of 56,837,546 Ordinary Shares in issue with one voting right per share.
The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Chris Hunter
2
Reason for the notification
a)
Position/status
Chief Sales Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Bigblu Broadband plc
b)
LEI
2138008P6X5EX455KU41
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of £0.15 each
Identification code
ISIN: GB00BD5JMP10
b)
Nature of the transaction
Exercise of options
Disposal of shares
c.
Price(s) and volume(s)
Option exercise:
Share sale:
Name(s) Price(s) Volumes(s)
Chris Hunter £0.7875 25,000
Chris Hunter £1.11 25,000
d)
Aggregated information:
n/a
- Aggregated volume
- Price
e)
Date of the transaction
Option exercise: 30 August 2019
Share sale: 30 August 2019
f)
Place of the transaction
Option exercise: Outside a trading venue
Share sale: London Stock Exchange, AIM Market (XLON)
Contacts
Bigblu Broadband plc
www.bbb-plc.com
Andrew Walwyn, Chief Executive Officer
Simon Clifton, Chief Technology Officer
Dominic Del Mar, Corporate Development
Via Walbrook PR
Numis Securities (Nomad and broker)
Tel: +44 (0)20 7260 1000
Oliver Hardy (Corporate Advisory)
James Black (Corporate Broking)
Walbrook (Media and Investor Relations)
Tel: +44 (0)20 7933 8780
Paul Cornelius / Nick Rome
or bigblubroadband@walbrookpr.com
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