Bigblu Broadband PLC Director Dealing, Issue of Equity & TVR (8157Q)
01 Noviembre 2021 - 1:00AM
UK Regulatory
TIDMBBB
RNS Number : 8157Q
Bigblu Broadband PLC
01 November 2021
Bigblu Broadband plc
('BBB' or the 'Company')
Director Dealing, 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, on 29 October 2021, Andrew Walwyn, Chief Executive Officer of
the Company, exercised an option over 48,057 ordinary shares of 15
pence each (the "Ordinary Shares") at a price of 69.45p per share
under the Satellite Solutions Worldwide Group plc 2015 EMI Share
Option Scheme (the "Option Exercise"). 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 4 November 2021.
Andrew Walwyn has retained all the shares following this
exercise and, as a result, his beneficial interest has increased to
3,294,004 Ordinary Shares, representing 5.6% of the Company's
issued share capital.
Further details on the exercise are included in the
notifications below.
Total Voting Rights
Following the issue of 48,057 Ordinary Shares pursuant to the
Option Exercise, the total number of shares in issue is 58,326,120
and there are no Ordinary Shares in treasury. Therefore, the total
number of Ordinary Shares with voting rights in the Company is
58,326,120.
Bigblu Broadband Group PLC www.bbb-plc.com
Andrew Walwyn, Chief Executive Officer Via Walbrook PR
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)
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.
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.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Andrew Walwyn
-------------------------- ------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Chief Executive Officer
-------------------------- ------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- ------------------------------------
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 Ordinary shares of GBP0.15 each
of the financial
instrument,
type of instrument GB00BD5JMP10
Identification
code
-------------------------- ------------------------------------
b) Nature of the Exercise of option
transaction
-------------------------- ------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) GBP0.6945 48,057
----------
-------------------------- ------------------------------------
d) Aggregated information
-Aggregated
volume 48,057
- Aggregate
value GBP33,375.59
-------------------------- ------------------------------------
e) Date of the 29 October 2021
transaction
-------------------------- ------------------------------------
f) Place of the Outside a trading venue
transaction
-------------------------- ------------------------------------
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END
IOEEAXEFDLPFFFA
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