Issue of Equity / PDMR Dealing

RNS Number : 2387L

Bigblu Broadband PLC

04 September 2019

 

Bigblu Broadband plc

("BBB" or the "Company")

Issue of Equity / PDMR Dealing

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative super-fast broadband services, announces that on  30 August 2019 a total of 25,000 options over ordinary shares of £0.15 each in the Company ("Ordinary Shares") were exercised by Chris Hunter, Chief Sales Officer, at a price of 78.75 pence under the Company's Enterprise Management Incentive 2015 Share Option Scheme. 25,000 Ordinary Shares were subsequently disposed by Chris Hunter on 30 August 2019 at a price of 111 pence per share.  

As a result of the transaction, application has been made for a total of 25,000 new Ordinary Shares to be admitted to trading on AIM on 13 September 2019.

Total voting rights

Following admission, the Company will have a total of 56,837,546 Ordinary Shares in issue with one voting right per share.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

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	Chris Hunter
2	Reason for the notification
a)	Position/status	Chief Sales Officer
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	ISIN: GB00BD5JMP10
b)	Nature of the transaction	Exercise of options Disposal of shares
c.	Price(s) and volume(s) Option exercise: Share sale:	Name(s)              Price(s)       Volumes(s) Chris Hunter      £0.7875        25,000 Chris Hunter      £1.11             25,000
d)	Aggregated information:	n/a
	- Aggregated volume
	- Price
e)	Date of the transaction	Option exercise: 30 August 2019 Share sale: 30 August 2019
f)	Place of the transaction	Option exercise: Outside a trading venue Share sale: London Stock Exchange, AIM Market (XLON)

 

Contacts

Bigblu Broadband plc	www.bbb-plc.com
Andrew Walwyn, Chief Executive Officer Simon Clifton, Chief Technology Officer Dominic Del Mar, Corporate Development	Via Walbrook PR
Numis Securities (Nomad and broker)	Tel: [phone]
Oliver Hardy (Corporate Advisory)
James Black (Corporate Broking)
Walbrook (Media and Investor Relations)	Tel: [phone]
Paul Cornelius / Nick Rome	or [e-mail]

 

END

 

 

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