RNS Number : 8973H
Bigblu Broadband PLC
08 May 2025
Bigblu Broadband plc
("BBB" or the "Company" or the "Group")
Director/PDMR Shareholding
Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative superfast and ultrafast broadband solutions throughout Australasia and the Nordics, announces that the Company that pursuant to the recently completed tender offer undertaken by the Company the following Directors tendered shares:
Name
No of Ordinary Shares tendered
Price per share
Resultant Shareholding
% of Issued Share Capital
Michael Tobin
111,148
40p
378,675
0.86%
Frank Waters
93,249
40p
363,499
0.83%
Paul Howard
57,360
40p
158,883
0.36%
For further information:
Bigblu Broadband Group PLC
www.bbb-plc.com
Frank Waters, CEO
Tel: +44 (0)20 7220 0500
Cavendish Capital Markets Limited (Nomad and Broker) Marc Milmo / Finn Gordon (Corporate Finance) Tim Redfern / Harriet Ward (ECM)
Tel: +44 (0)20 7220 0500
About Bigblu Broadband plc
Bigblu Broadband plc (AIM: BBB.L), is a leading provider of alternative superfast and ultrafast broadband solutions throughout Australasia and the Nordics. BBB delivers a portfolio of superfast and ultrafast 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 ultrafast broadband services increases around the world.
BBB's range of solutions includes satellite, next generation fixed wireless and 4G/5G FWA delivering between 30 Mbps and 150 Mbps for consumers, and up to 1 Gbps for businesses. BBB provides customers a full range of services including hardware supply, installation, pre-and post-sale support, billings and collections, whilst offering appropriate tariffs depending on each end user's 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 broadband and broadband services. BBB's 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 route
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
Michael Tobin
2
Reason for the notification
a)
Position/status
Director
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
Share sale under the Company's tender offer
c)
Price(s) and volume(s)
Price(s)
Volume(s)
0.40
111,148
d)
Aggregated information
- Aggregated volume
111,148
- Price
£44,459.20
e)
Date of the transaction
29 April 2025
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Frank Waters
2
Reason for the notification
a)
Position/status
Director
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
Share sale under the Company's tender offer
c)
Price(s) and volume(s)
Price(s)
Volume(s)
0.40
93,249
d)
Aggregated information
- Aggregated volume
93,249
- Price
£0.40
e)
Date of the transaction
29 April 2025
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Paul Howard
2
Reason for the notification
a)
Position/status
Director
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
Share sale under the Company's tender offer
c)
Price(s) and volume(s)
Price(s)
Volume(s)
0.40
57,360
d)
Aggregated information
- Aggregated volume
57,360
- Price
£22,944.00
e)
Date of the transaction
29 April 2025
f)
Place of the transaction
London Stock Exchange
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