Bigblu Broadband PLC Director/PDMR Shareholding (7717Q)

TIDMBBB

RNS Number : 7717Q

Bigblu Broadband PLC

23 February 2023

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 68,500 ordinary shares of 15 pence each in the Company ("Ordinary Shares") at a price of 48.5091p per Ordinary Share. In addition, Harwood Capital LLP, a PCA of Christopher Mills, purchased 41,500 Ordinary Shares at a price of 48.5091p per Ordinary Share.

Following the purchase, Christopher has a beneficial interest in 14,700,000 Ordinary Shares, representing 25.1% of the Company's issued share capital.

For further information:

 
 Bigblu Broadband Group PLC                   www.bbb-plc.com 
 Andrew Walwyn, Chief Executive Officer        Tel: [phone] 
  Frank Waters, Chief Financial Officer         0500 
 finnCap (Nomad and Broker)                   Tel: [phone] 
  Marc Milmo / Simon Hicks / Charlie Beeson    0500 
  (Corporate Finance) 
  Tim Redfern / H arriet Ward (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 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

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name 
                                                  Christopher Mills 
      ---------------------------------------  -------------------------------------- 
       Reason for the notification 
  2 
      ------------------------------------------------------------------------------- 
 a)    Position/status                          Non-Executive Director of Bigblu 
                                                 Broadband Plc 
      ---------------------------------------  -------------------------------------- 
 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 
  4     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                      GB00BD5JMP10 
 
 b)    Nature of the transaction                Share purchase 
      ---------------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s) 
                                                ----------------  ----------------- 
                                                 Price(s)          Volume(s) 
                                                ----------------  ----------------- 
                                                 0.485091          68,500 
                                                ----------------  ----------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      68,500 
 
  - Price                                  GBP33,228.73 
 
 e)    Date of the transaction                  21 February 2023 
      ---------------------------------------  -------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  -------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name 
                                                  Harwood Capital LLP 
      ---------------------------------------  ------------------------------------------------- 
       Reason for the notification 
  2 
      ------------------------------------------------------------------------------------------ 
 a)    Position/status                          Harwood Capital LLP is a PCA of Christopher 
                                                 Mills, Non-Executive Director of 
                                                 Bigblu Broadband Plc 
      ---------------------------------------  ------------------------------------------------- 
 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 
  4     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                      GB00BD5JMP10 
 
 b)    Nature of the transaction                Share purchase 
      ---------------------------------------  ------------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                ----------------------  ---------------------- 
                                                 Price(s)                Volume(s) 
                                                ----------------------  ---------------------- 
                                                 0.485091                41,500 
                                                ----------------------  ---------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      41,500 
 
  - Price                                  GBP20,131.28 
 
 e)    Date of the transaction                  21 February 2023 
      ---------------------------------------  ------------------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  ------------------------------------------------- 
 

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February 23, 2023 02:00 ET (07:00 GMT)