07:00 Wed 22 Sep 2021
Bigblu Broadband PLC - Director Dealing, Issue of Equity and TVR
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
Following the Option Exercise, Michael Tobin OBE has a beneficial interest in 371,174 Ordinary Shares, representing 0.64% of the Company's issued share capital. Michael Tobin OBE has outstanding options over 93,333 Ordinary Shares with an exercise price of 114.45p.
Further details on the exercise are included in the notifications below.
Total Voting Rights
Following the issue of 133,333 Ordinary Shares pursuant to the Option Exercise, the total number of shares in issue is 57,723,190 and there are no Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares with voting rights in the Company is 57,723,190.
Bigblu Broadband Group PLC |
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Via Walbrook PR |
finnCap (Nomad and Broker) |
Tel: +44 (0)20 7220 0500 |
Walbrook PR (PR / IR advisers) |
Tel: +44 (0)20 7933 8780 or |
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About Bigblu Broadband plc
Bigblu Broadband plc (AIM: BBB.L), is a leading provider of alternative super-fast broadband solutions throughout
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.
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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2
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Reason for the notification
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a)
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Position/status
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Non-Executive Chairman |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Bigblu Broadband PLC |
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b)
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LEI
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2138008P6X5EX455KU41
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of |
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Identification code |
GB00BD5JMP10 |
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b)
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Nature of the transaction
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Exercise of options |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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133,333 |
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d)
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Aggregated information |
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- Aggregated volume |
133,333 |
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- Aggregated Value |
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e)
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Date of the transaction
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f)
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Place of the transaction
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Outside a trading venue |
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