REG - Bigblu Broadband PLC - Director/PDMR Shareholding

Bigblu BroadbandAnnouncement

14/02/2024 07:00

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RNS Number : 0434D  Bigblu Broadband PLC  14 February 2024

  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 has been informed that certain investment vehicles
connected with Christopher Mills, Non-Executive Director have purchased 40,000
Ordinary Shares at a price of 40.50p per Ordinary Share on 09 February 2024.

 

Following the purchase, Christopher Mills and the investment vehicles
connected with him are interested in 15,240,000 Ordinary Shares, representing
26.03% of the Company's issued share capital.

 

 

For further information:

 Bigblu Broadband Group PLC                                      www.bbb-plc.com (http://www.bbb-plc.com/)
 Andrew Walwyn, Chief Executive Officer                           Tel: +44 (0)20 7220 0500

 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 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

                                                                   North Atlantic Smaller Companies Investment Trust plc *

 2    Reason for the notification

 a)   Position/status                                              North Atlantic Smaller Companies Investment Trust plc is a PCA of Christopher

                                                            Mills, Non-Executive Director of Bigblu Broadband Plc

 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 purchase

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0.405                 40,000

 d)   Aggregated information

      - Aggregated volume                                          40,000

      - Price                                                      £16,200.00

 e)   Date of the transaction                                      09 February 2024

 f)   Place of the transaction                                     London Stock Exchange

 

*Christopher Mills is partner and Chief Investment Officer of Harwood Capital
LLP. Harwood Capital LLP is Investment Manager to North Atlantic Smaller
Companies Investment Trust plc and investment adviser to Oryx International
Growth Fund Limited. Christopher Mill's shareholding is made up of ordinary
shares held by North Atlantic Smaller Companies Investment Trust PLC, Oryx
International Growth Fund Limited and Harwood Capital LLP.

 

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