TIDMBBB

RNS Number : 2387L

Bigblu Broadband PLC

04 September 2019

Bigblu Broadband plc

("BBB" or the "Company")

Issue of Equity / PDMR Dealing

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative super-fast broadband services, announces that on 30 August 2019 a total of 25,000 options over ordinary shares of GBP0.15 each in the Company ("Ordinary Shares") were exercised by Chris Hunter, Chief Sales Officer, at a price of 78.75 pence under the Company's Enterprise Management Incentive 2015 Share Option Scheme. 25,000 Ordinary Shares were subsequently disposed by Chris Hunter on 30 August 2019 at a price of 111 pence per share.

As a result of the transaction, application has been made for a total of 25,000 new Ordinary Shares to be admitted to trading on AIM on 13 September 2019.

Total voting rights

Following admission, the Company will have a total of 56,837,546 Ordinary Shares in issue with one voting right per share.

The above figure may be used by shareholders in the Company 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.

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                        Chris Hunter 
     --------------------------  ------------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status             Chief Sales 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 of the          Ordinary shares of GBP0.15 each 
       financial instrument, 
       type of instrument 
 
      Identification code         ISIN: GB00BD5JMP10 
 
 b)   Nature of the transaction   Exercise of options 
                                   Disposal of shares 
     --------------------------  ------------------------------------ 
 c.   Price(s) and volume(s)      Name(s) Price(s) Volumes(s) 
       Option exercise:            Chris Hunter GBP0.7875 25,000 
       Share sale:                 Chris Hunter GBP1.11 25,000 
     --------------------------  ------------------------------------ 
 d)   Aggregated information:     n/a 
 
      - Aggregated volume 
 
      - Price 
 
 e)   Date of the transaction     Option exercise: 30 August 2019 
                                   Share sale: 30 August 2019 
     --------------------------  ------------------------------------ 
 f)   Place of the transaction    Option exercise: Outside a trading 
                                   venue 
                                   Share sale: London Stock Exchange, 
                                   AIM Market (XLON) 
     --------------------------  ------------------------------------

Contacts

 
 Bigblu Broadband plc                        www.bbb-plc.com 
 Andrew Walwyn, Chief Executive Officer      Via Walbrook PR 
  Simon Clifton, Chief Technology 
  Officer 
  Dominic Del Mar, Corporate Development 
                                             Tel: +44 (0)20 7260 1000 
   Numis Securities (Nomad and broker) 
 Oliver Hardy (Corporate Advisory) 
 James Black (Corporate Broking) 
                                             Tel: +44 (0)20 7933 8780 
   Walbrook (Media and Investor Relations) 
 Paul Cornelius / Nick Rome                  or bigblubroadband@walbrookpr.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHLIMJTMBBMBTL

(END) Dow Jones Newswires

September 04, 2019 09:13 ET (13:13 GMT)

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