Bigblu Broadband plc
("BBB" or the "Company" or the "Group")
Director/PDMR Shareholding
Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative superfast and ultrafast broadband solutions throughout Australasia and the Nordics, announces that Christopher Mills, Non-Executive Director of the Company, purchased 3,500 ordinary shares of 15 pence each in the Company ("Ordinary Shares") at a price of 44p per Ordinary Share. In addition, Harwood Capital LLP, a PCA of Christopher Mills, purchased 1,500 Ordinary Shares at a price of 44p per Ordinary Share.
Following the purchase, Christopher has a beneficial interest in 14,505,000 Ordinary Shares, representing 24.8% of the Company's issued share capital.
For further information:
| Bigblu Broadband Group PLC | |
| Andrew Walwyn, Chief Executive Officer Frank Waters, Chief Financial Officer
| Tel: +44 (0)20 7220 0500 |
| finnCap (Nomad and Broker) Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance) Tim Redfern / Harriet Ward (ECM)
| Tel: +44 (0)20 7220 0500 |
About Bigblu Broadband plc
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 route.
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
|
Christopher Mills | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Non-Executive Director of Bigblu Broadband Plc | |||
| b)
| Initial notification /Amendment
| Initial Notification | |||
| 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 financial instrument, type of instrument | Ordinary shares of £0.15 each | |||
| | | ||||
| Identification code | GB00BD5JMP10 | ||||
| | | ||||
| b)
| Nature of the transaction
| Share purchase | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 0.44 | 3500 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 3500 | ||||
| | | ||||
| - Price | £1540 | ||||
| | | ||||
| e)
| Date of the transaction
| 03 February 2023 | |||
| f)
| Place of the transaction
| London Stock Exchange | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
|
Harwood Capital LLP | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Harwood Capital LLP is a PCA of Christopher Mills, Non-Executive Director of Bigblu Broadband Plc | |||
| b)
| Initial notification /Amendment
| Initial Notification | |||
| 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 financial instrument, type of instrument | Ordinary shares of £0.15 each | |||
| | | ||||
| Identification code | GB00BD5JMP10 | ||||
| | | ||||
| b)
| Nature of the transaction
| Share purchase | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 0.44 | 1500 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 1500 | ||||
| | | ||||
| - Price | £660 | ||||
| | | ||||
| e)
| Date of the transaction
| 03 February 2023 | |||
| f)
| Place of the transaction
| London Stock Exchange | |||
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