Bigblu Broadband PLC Director/PDMR Shareholding (0020K)

TIDMBBB

RNS Number : 0020K

Bigblu Broadband PLC

16 December 2022

Bigblu Broadband plc

('BBB' or the 'Company')

Director/PDMR Shareholding

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative super-fast and ultra-fast broadband services, announces that, on 15 December 2022, Andrew Walwyn, Chief Executive Officer of the Company, purchased 26,549 ordinary shares of 15 pence each (the "Ordinary Shares") at a price of 37.65p per Ordinary Share (the "Purchase").

Following the Purchase Andrew Walwyn has a beneficial interest in 3,320,553 Ordinary Shares, representing 5.68% of the Company's issued share capital.

 
Bigblu Broadband Group PLC                                      www.bbb-plc.com 
Andrew Walwyn, Chief Executive Officer                          Tel: [phone] 
 Frank Waters, Chief Financial Officer 
finnCap (Nomad and Broker)                                      Tel: [phone] 
 Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance) 
 Tim Redfern / Harriet Ward Chambers (ECM) 
 

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 typically 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 500Mbps for consumers, and up to 1 Gbps for businesses. BBB provides customers with 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 router.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                      Andrew Walwyn 
     ------------------------  -------------------------------------- 
      Reason for the notification 
  2 
     ---------------------------------------------------------------- 
 a)   Position/status           Chief Executive Officer 
     ------------------------  -------------------------------------- 
 b)   Initial notification      Initial Notification 
       /Amendment 
     ------------------------  -------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                      Bigblu Broadband PLC 
     ------------------------  -------------------------------------- 
 b)   LEI                       2138008P6X5EX455KU41 
     ------------------------  -------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (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             P urchase of ordinary shares 
       transaction 
     ------------------------  -------------------------------------- 
 c)   Price(s) and               Price(s)   Volume(s) 
       volume(s)                   37.65p     26,549 
                                            ---------- 
     ------------------------  -------------------------------------- 
 d)   Aggregated information 
       -Aggregated 
       volume                     Single transaction as in 4c) above 
 
       - Aggregate 
       value 
     ------------------------  -------------------------------------- 
 e)   Date of the               15 December 2022 
       transaction 
     ------------------------  -------------------------------------- 
 f)   Place of the              London Stock Exchange 
       transaction 
     ------------------------  -------------------------------------- 
 

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December 16, 2022 05:00 ET (10:00 GMT)