REG - Bigblu Broadband PLC - Director/PDMR Shareholding

Bigblu BroadbandAnnouncement

20/12/2022 11:00

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RNS Number : 3347K  Bigblu Broadband PLC  20 December 2022

Bigblu Broadband plc

('BBB' or the 'Company' or the 'Group')

 

Director/PDMR Shareholding and Total Voting Rights

 

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative
super-fast and ultra-fast broadband services, announces that it has issued and
allotted 93,255 ordinary shares in the Company of 15 pence each ("Ordinary
Shares") following an exercise of options (the "Exercise").

Included within the Exercise are 66,666 options exercised at 33.75p per
Ordinary Share by Paul Howard, Non-Executive Director of the Company.
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 23 December 2022.

Following the Exercise, Paul Howard has a beneficial interest in 216,243
Ordinary Shares, representing 0.37% of the Company's issued share capital.

Total Voting Rights

The new Ordinary Shares will rank pari passu with the existing shares of the
Company. Following the exercise of options, the Company's issued share capital
consists of 58,515,327 Ordinary Shares. Accordingly, the figure of 58,515,327
may be used by shareholders 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.

 

For further information:

 

 Bigblu Broadband Group plc                                      www.bbb-plc.com (http://www.bbb-plc.com)
 Andrew Walwyn, Chief Executive Officer

 Frank Waters, Chief Financial Officer

 finnCap (Nomad and Broker)                                      Tel: +44 (0)20 7220 0500

 Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance)

 Tim Redfern / Harriet Ward (ECM)

 

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 typically 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 500Mbps for consumers, and up to
1 Gbps for businesses. BBB provides customers with 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 router.

 

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                                                         Paul Howard

 2    Reason for the notification
 a)   Position/status                                              Non-Executive 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  Options over Ordinary shares of £0.15 each

      Identification code

                                                                   GB00BD5JMP10
 b)   Nature of the transaction                                    Exercise of options

 c)   Price(s) and volume(s)                                       Exercise Price(s)  Volume(s)

                                                            33.75p             66,666

 d)   Aggregated information

      -Aggregated volume                                           Single transaction as in 4c) above

      - Aggregate value
 e)   Date of the transaction                                      19 December 2022

 f)   Place of the transaction                                     London Stock Exchange

d)

 

Aggregated information

-Aggregated volume

 

- Aggregate value

 

Single transaction as in 4c) above

e)

 

Date of the transaction

19 December 2022

f)

 

Place of the transaction

London Stock Exchange

 

 

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