REG - Bigblu Broadband PLC - Result of AGM

Bigblu BroadbandAnnouncement

28/05/2021 12:40

RNS Number : 2326A
  
Bigblu Broadband PLC
  
28 May 2021
  
 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR"). Upon the publication of this announcement, the inside information is now considered to be in the public domain for the purposes of MAR.
 
 
Bigblu Broadband plc 
("BBB" or the "Company")
 
Result of AGM
 
Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative super-fast and ultrafast broadband services, announces that at its Annual General Meeting held yesterday, all resolutions were duly passed.
 
The results for each resolution were as follows:
 



Resolution


For


%


Against


%


Vote Total


Vote Total as % of Issued Share Capital


Withheld*




1.    To receive adopt the accounts of the Company for the period ended 30th November 2020


27,863,218


99.98


5,333


0.02


27,868,551


48.39


160




2.    To re-elect Philip Moses as a Director


27,862,552


99.98


4,928


0.02


27,867,480


48.39


1,231




3.    To re-elect Frank Waters as a Director


27,864,042


99.99


2,938


0.01


27,866,980


48.39


1,731




4.    To re-appoint Haysmacintyre LLP as auditors


27,864,561


99.99


1,500


0.01


27,866,061


48.39


2,650




5.    To authorise the Directors to allot shares in the Company pursuant to Section 551 of the Companies Act 2006 **


27,856,627


99.96


11,924


0.04


27,868,551


48.39


160




6.    To authorise the Directors to allot equity securities pursuant to Section 570 of the Companies Act 2006 in connection with an issue in favour of shareholders**


27,858,004


99.96


10,047


0.04


27,868,051


48.39


660



 
* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" a resolution.
**Indicates Special Resolution
 
 
For further information:
 



Bigblu Broadband Group PLC


www.bbb-plc.com




Andrew Walwyn, Chief Executive Officer
Frank Waters, Chief Financial Officer
 
 


Via Walbrook PR




finnCap (Nomad and Broker)
Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance)
Tim Redfern / Richard Chambers
(ECM)
 


Tel: +44 (0)20 7220 0500




Walbrook PR (PR / IR Advisers)


Tel: +44 (0)20 7933 8780 or




Nick Rome/Tom Cooper/Nicholas Johnson 


BigbluBroadband@walbrookpr.com



 
About Bigblu Broadband plc
 
Bigblu Broadband plc (AIM: BBB.L), is a leading provider of alternative super-fast broadband solutions throughout Europe and Australia. BBB delivers a portfolio of super-fast 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 super-fast broadband services increases around the world.
 
Acquisitive and organic growth have enabled BBB to grow rapidly since inception in 2008 during which time the Company has completed 21 acquisitions across nine different countries. It is extremely well positioned to continue growing as it targets customers that are trapped in the 'digital divide' with limited fibre broadband options.
 
BBB's range of solutions includes satellite, next generation fixed wireless and 4G/5G delivering between 30 Mbps and 150 Mbps for consumers, and up to 1 Gbps for businesses. BBB provides customers ongoing services including hardware supply, installation, pre and post-sale support billings and collections, whilst offering appropriate tariffs depending on each end user 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 'video-on- demand'. Its 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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