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
the Company has been informed that certain investment vehicles
connected with Christopher Mills, Non-Executive Director have
purchased 40,000 Ordinary Shares at a price of 40.50p per Ordinary
Share on 09 February 2024.
Following the purchase, Christopher
Mills and the investment vehicles connected with him are interested
in 15,240,000 Ordinary Shares, representing 26.03% of the Company's
issued share capital.
For
further information:
|
Bigblu Broadband Group PLC
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www.bbb-plc.com
|
|
Andrew Walwyn, Chief Executive
Officer
Frank Waters, Chief Financial
Officer
|
Tel: +44 (0)20 7220 0500
|
|
finnCap (Nomad and Broker)
Marc Milmo / Simon Hicks / Charlie
Beeson (Corporate Finance)
Tim Redfern / Harriet Ward (ECM)
|
Tel:
+44 (0)20 7220 0500
|
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
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
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Name
|
North Atlantic Smaller Companies
Investment Trust plc *
|
|
2
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Reason for the notification
|
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a)
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Position/status
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North Atlantic Smaller Companies
Investment Trust plc is a PCA of
Christopher Mills, Non-Executive Director of Bigblu Broadband
Plc
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
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Name
|
Bigblu Broadband Plc
|
|
b)
|
LEI
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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
|
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a)
|
Description of the financial
instrument, type of instrument
|
Ordinary shares of £0.15
each
|
|
|
|
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Identification code
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GB00BD5JMP10
|
|
|
|
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b)
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Nature of the transaction
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Share purchase
|
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c)
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Price(s) and volume(s)
|
|
|
|
|
|
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Price(s)
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Volume(s)
|
|
|
|
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0.405
|
40,000
|
|
|
|
|
|
|
|
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d)
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Aggregated information
|
|
|
|
|
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- Aggregated volume
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40,000
|
|
|
|
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- Price
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£16,200.00
|
|
|
|
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e)
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Date of the transaction
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09 February 2024
|
|
f)
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Place of the transaction
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London Stock Exchange
|
*Christopher Mills is partner and Chief
Investment Officer of Harwood Capital LLP. Harwood Capital LLP is
Investment Manager to North Atlantic Smaller Companies Investment
Trust plc and investment adviser to Oryx International Growth Fund
Limited. Christopher Mill's shareholding is made up of ordinary
shares held by North Atlantic Smaller Companies Investment Trust
PLC, Oryx International Growth Fund Limited and Harwood Capital
LLP.
