Director Dealing, Issue of Equity & TVR

Bigblu Broadband

30/09/2021 13:59

RNS Number : 5927N

Bigblu Broadband PLC

30 September 2021

 

Bigblu Broadband plc

('BBB' or the 'Company')

Director Dealing, Issue of Equity and Total Voting Rights

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative super-fast and ultra-fast broadband services, announces that, on 30 September 2021, Michael Tobin OBE, Non-Executive Chairman of the Company, has exercised options over 93,333 ordinary shares of 15 pence each (the "Ordinary Shares") at a price of 114.45p per share (the "Option Exercise"). Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on or around the 6 October 2021.

Following the Option Exercise, Michael Tobin OBE has a beneficial interest in 464,507 Ordinary Shares, representing 0.80% of the Company's issued share capital.

Further details on the exercise are included in the notifications below.

Total Voting Rights

Following the issue of 93,333 Ordinary Shares pursuant to the Option Exercise, the total number of shares in issue is 58,044,730 and there are no Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares with voting rights in the Company is 58,044,730.

 

Bigblu Broadband Group PLC
www.bbb-plc.com
Andrew Walwyn, Chief Executive Officer
Frank Waters, Chief Financial Officer
Via Walbrook PR
finnCap (Nomad and Broker)
Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance)
Tim Redfern / Richard Chambers (ECM)
Tel: +44 (0)20 7220 0500
Walbrook PR (PR / IR advisers)
Tel: +44 (0)20 7933 8780 or
Nick Rome/Tom Cooper/Nicholas Johnson
BigbluBroadband@walbrookpr.com

 

 

About Bigblu Broadband plc

Bigblu Broadband plc (AIM: BBB.L), is a leading provider of alternative super-fast broadband solutions throughout Europe and Australia. BBB delivers a portfolio of super-fast wireless broadband products for consumers and businesses unserved or underserved by fibre.

High levels of recurring revenue, increasing economies of scale and Government stimulation of the alternative broadband market in many countries provide a solid foundation for significant organic growth as demand for alternative super-fast broadband services increases around the world.

BBB's range of solutions includes satellite, next generation fixed wireless and 4G/5G delivering between 30 Mbps and 150 Mbps for consumers, and up to 1 Gbps for businesses. BBB provides customers ongoing services including hardware supply, installation, pre and post-sale support billings and collections, whilst offering appropriate tariffs depending on each end user requirements.

Importantly, as its core technologies evolve, and more affordable capacity is made available, BBB continues to offer ever-increasing speeds and higher data throughputs to satisfy market demands for 'video-on- demand'. Its alternative broadband offerings present a customer experience that is similar to that offered by wired broadband and the connection can be shared in the normal way with PCs, tablets and smart-phones via a normal wired or wireless router.

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Michael Tobin
2
Reason for the notification
a)
Position/status
Non-Executive Chairman
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
GB00BD5JMP10
b)
Nature of the transaction
Exercise of options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£1.1445
93,333
d)
Aggregated information
- Aggregated volume
93,333
- Aggregated Value
£106,819.62
e)
Date of the transaction
30 September 2021
f)
Place of the transaction
Outside a trading venue

 

 

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