REG - Bigblu Broadband PLC - Issue of Equity and Total Voting Rights

Bigblu BroadbandAnnouncement

07/09/2022 07:00

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RNS Number : 5087Y  Bigblu Broadband PLC  07 September 2022

Bigblu Broadband plc

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

 

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, following an
exercise of options, it has issued and allotted 56,344 new ordinary shares in
the Company of 15 pence each ("Ordinary Shares"). 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 12 September 2022.

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 58,422,072 Ordinary Shares. Accordingly, the figure of 58,422,072
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 / Richard Chambers

 (ECM)

 

ABOUT BBB

 

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 router.

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