Issue of Equity / PDMR Dealing

RNS Number : 4716U

Bigblu Broadband PLC

12 July 2018

 

Bigblu Broadband plc

("BBB" or the "Company")

Issue of Equity / PDMR Dealing

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative fast broadband services, announces that a total of 394,072 options over ordinary shares of £0.15 each in the Company ("Ordinary Shares") were exercised on 10 July 2018 by various current and former employees. The options were issued under the Company's Enterprise Management Incentive 2015 Share Option Scheme. As a result application has been made for a total of 394,072 new Ordinary Shares to be admitted to trading on AIM on 17 July 2018.

Chris Hunter (Chief Sales Officer) exercised 100,000 of these options at a price of £0.7875 and subsequently sold the resulting Ordinary Shares at £1.20 per share as set out below. 

Total voting rights

Following admission, the Company will have a total of 56,704,078 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
c.	Price(s) and volume(s)	Name(s) Price(s)  Volumes(s) Chris Hunter         £0.7875 per share               100,000
d)	Aggregated information:	n/a
	- Aggregated volume
	- Price
e)	Date of the transaction	10 July 2018
f)	Place of the transaction	Outside a trading venue

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	Sale of Ordinary Shares
c.	Price(s) and volume(s)	Name(s) Price(s)  Volumes(s) Chris Hunter         £1.20 per share   100,000
d)	Aggregated information:	n/a
	- Aggregated volume
	- Price
e)	Date of the transaction	10 July 2018
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

Contacts:

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

 

END

 

 

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