Issue of Equity / PDMR Dealing

RNS Number : 0180N

Bigblu Broadband PLC

19 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 13 September 2019 a total of 733,333 options over ordinary shares of £0.15 each in the Company ("Ordinary Shares") were exercised and subsequently sold by a number of staff including Directors pursuant to the terms of the Company's Enterprise Management Incentive ("EMI") scheme and the Company's unapproved option scheme as per the table below:

Name of Option Holder	Type of Award	Exercise Price per Share	Number of Shares Exercised	Aggregate Exercise Price Payable	Number of Shares Sold	Price Sold At
Christopher Hunter (Chief Sales Officer)	EMI Option	£0.79	108.333	£104,999.73	133,333	£1.10
Francis Waters (Chief Financial Officer)	EMI Option	£0.79	227,272	£178,976.70	227,272	£1.10
Francis Waters (Chief Financial Officer)	Unapproved option	£0.79	6,060	£4.772.75	6,060	£1.10
Francis Waters (Chief Financial Officer)	EMI Option	£0.30	189,783	£56,251.68	189,783	£1.10
Jonathan Robinson (Chief Marketing Officer)	EMI Option	£0.30	189,783	£56,251.68	189,783	£1.10
Jonathan Robinson (Chief Marketing Officer)	EMI Option	£0.79	12,102	£9,268.08	12,102	£1.10
Total			733,333	£391,095.37	733,333

As a result of the above transactions, application has been made for a total of 733,333 new Ordinary Shares to be admitted to trading on AIM on 20 September 2019.

Total voting rights

Following admission, the Company will have a total of 57,570,879 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 Francis Waters Jonathan Robinson
2	Reason for the notification
a)	Position/status	Chief Sales Officer Chief Financial Officer Chief Marketing 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: Option exercise: Share sale: Option exercise: Share sale: Option exercise: Share sale: Option exercise: Share sale:	Name(s) Price(s) Volumes(s) Chris Hunter £0.79 108,333 Chris Hunter £1.10 108,333 Francis Waters             £0.79 233,332 Francis Waters             £1.10 233,332 Francis Waters             £0.30 189,783 Francis Waters             £1.10 189,783 Jonathan Robinson     £0.30 189,783 Jonathan Robinson     £1.10 189,783 Jonathan Robinson     £0.79 12,102 Jonathan Robinson     £1.10 12,102
d)	Aggregated information:
	- Aggregated volume	733,333
	- Price	£391,095.37
e)	Date of the transaction	Option exercise: 13 September 2019 Share sale: 13 September 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]

 

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