Bigblu Broadband PLC Posting of Annual Report and Notice of AGM (6057X)

TIDMBBB

RNS Number : 6057X

Bigblu Broadband PLC

01 May 2019

Bigblu Broadband plc

("BBB" or the "Company" or the "Group")

Publication of Annual Report and Accounts, Notice of AGM

and Change of Registered Address

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative super-fast broadband services, announces that its Annual Report and Accounts for the financial year ended 30 November 2018, the Notice of its Annual General Meeting ("AGM") and accompanying circular, together with a Form of Proxy have been posted to shareholders.

AGM

The AGM will be held at will be held at the offices of Harwood Capital LLP, 6 Stratton Street, Mayfair, London, W1J 8LD on 22nd May 2019 at 1.00 p.m.

A copy of the Annual Report and Accounts, the notice of AGM and the accompanying circular will also be available on the Company's website at: www. bbb-plc.com.

Change of Registered Address

The Company also announces the change of name at its registered office address with immediate effect. The new registered address is Broadband House, 108 Churchill Road, Bicester OX26 4XD.

 
 Bigblu Broadband plc                       www.bbb-plc.com 
 Andrew Walwyn, Chief Executive Officer     Via Walbrook PR 
 
 Numis Securities (Nomad and joint          Tel: [phone] 
  broker) 
 Oliver Hardy (Corporate Advisory) 
 James Black / Jonathan Abbott (Corporate 
  Broking) 
 
 Dowgate Capital (Joint broker)             Tel: [phone] 
 David Poutney 
 James Serjeant 
 
 Walbrook PR (PR advisers)                  Tel: [phone] 
 Paul Cornelius / Nick Rome                 or [e-mail] 
 

About BBB

BigBlu Broadband plc (AIM: BBB), is a leading provider of alternative broadband solutions throughout Europe and Australia. BBB delivers a portfolio of super-fast wireless broadband products for consumers and businesses unserved or underserved by fibre.

The Company has a significant target market with 27m customers in Europe with speeds of under 4 Mb, and a further 1m in Australia who have been identified as only suitable for either satellite or fixed wireless broadband.

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.

Acquisitive and organic growth have enabled BBB to grow rapidly since inception in 2008 during which time the Company has completed 20 acquisitions across nine different countries. It is extremely well positioned to continue growing as it targets customers that are trapped in the 'digital divide' with limited fibre broadband options.

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. It provides customers ongoing services including hardware, pre and post-sale support, installation, billing and warranties whilst offering various tariffs depending on end user requirements.

Importantly, as its core technologies evolve, and cheaper 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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May 01, 2019 02:00 ET (06:00 GMT)