REG - Bigblu Broadband PLC - Director/PDMR Shareholding

Bigblu BroadbandAnnouncement

20/09/2024 11:15

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RNS Number : 0712F  Bigblu Broadband PLC  20 September 2024

Bigblu Broadband plc

("BBB" or the "Company")

Director Dealings, Issue of Equity and Total Voting Rights

Exercise of LTIP awards (acquisition of shares) together with Further Director
Dealings

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative
super-fast broadband services, announces that, on 19 September 2024, Frank
Waters, Chief Executive Officer of BBB, exercised options over 131,658
ordinary shares of 15 pence each in the Company ("Ordinary Shares") at a price
of 15p per share under the Bigblu Broadband Long Term Incentive Plan 2018 (the
"LTIP").

Immediately following the exercise of his LTIP options on 19 September 2024,
Frank Waters sold 131,658 Ordinary Shares at a price of £0.31 per share and
then purchased into his self-invested personal pension account ("SIPP") a
total of 131,658 Ordinary Shares at a price of £0.31 per share.

Following the above transactions (further details of which are provided
below), Frank Waters has increased his beneficial interest to 456,748 Ordinary
Shares, representing 0.776% of the Company's issued share capital.

Issue of Equity and Total Voting Rights

In order to satisfy the above exercises of LTIP options, the Company has
issued and allotted 131,658 Ordinary Shares. Application will be made for
these new Ordinary Shares to be admitted to trading on AIM and dealings are
expected to commence on or around 26 September 2024.

The new Ordinary Shares will rank pari passu with the existing shares of the
Company. Following the exercise of the options, the Company's issued share
capital consists of 58,847,018 Ordinary Shares. Accordingly, the figure of
58,847,018 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/)
 Frank Waters, Chief Executive Officer                 www.bbb-plc.com
 Cavendish Capital Markets Limited (Nomad and Broker)  Tel: +44 (0)20 7220 0500

 Marc Milmo / Simon Hicks (Corporate Finance)

 Tim Redfern / Harriet Ward (ECM)

 

 

About BBB

Bigblu Broadband plc (AIM: BBB.L), is a market leading provider of alternative
superfast and ultrafast broadband solutions throughout Australia. BBB delivers
a portfolio of superfast and ultrafast wireless broadband products for
consumers and businesses.

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, GEO and LEO, 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 services. BBB's
alternative broadband offerings present a customer experience that is broadly
similar to that offered by wired broadband and the connection can be shared in
the normal way with PCs, tablets and smart phones.

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Frank Waters

 2    Reason for the notification
 a)   Position/status                                              Chief Executive 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

                                                                   GB00BD5JMP10
 b)   Nature of the transaction                                    Exercise of options granted under the LTIP

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

                                                            £0.15     131,658

 d)   Aggregated information

      -Aggregated volume                                           131,658

      - Aggregate value

                                                                   £19,748.70
 e)   Date of the transaction                                      19 September 2024

 f)   Place of the transaction                                     Outside a trading venue

 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                                    Sale of Ordinary Shares

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

                                                            £0.31     131,658

 d)   Aggregated information

      -Aggregated volume                                           131,658

      - Aggregate value

                                                                   £40,813.98
 e)   Date of the transaction                                      19 September 2024

 f)   Place of the transaction                                     London Stock Exchange

 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                                    Purchase of Ordinary Shares via SIPP

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

                                                            £0.31     131,658

 d)   Aggregated information

      -Aggregated volume                                           131,658

      - Aggregate value

                                                                   £40,813.98
 e)   Date of the transaction                                      19 September 2024

 f)   Place of the transaction                                     London Stock Exchange

d)

 

Aggregated information

-Aggregated volume

 

- Aggregate value

 

 

131,658

 

 

£19,748.70

e)

 

Date of the transaction

19 September 2024

f)

 

Place of the transaction

Outside a trading venue

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

 

Identification code

 

Ordinary Shares of £0.15 each

 

 

GB00BD5JMP10

b)

 

Nature of the transaction

 

Sale of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 Price(s)  Volume(s)
 £0.31     131,658

d)

 

Aggregated information

-Aggregated volume

 

- Aggregate value

 

 

131,658

 

 

£40,813.98

e)

 

Date of the transaction

19 September 2024

f)

 

Place of the transaction

London Stock Exchange

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

 

Identification code

 

Ordinary Shares of £0.15 each

 

 

GB00BD5JMP10

b)

 

Nature of the transaction

 

Purchase of Ordinary Shares via SIPP

c)

 

Price(s) and volume(s)

 

 Price(s)  Volume(s)
 £0.31     131,658

d)

 

Aggregated information

-Aggregated volume

 

- Aggregate value

 

 

131,658

 

 

£40,813.98

e)

 

Date of the transaction

19 September 2024

f)

 

Place of the transaction

London Stock Exchange

 

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