8th May 2025 10:49
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 that pursuant to the recently completed tender offer undertaken by the Company the following Directors tendered shares:
Name | No of Ordinary Shares tendered | Price per share | Resultant Shareholding | % of Issued Share Capital |
Michael Tobin | 111,148 | 40p | 378,675 | 0.86% |
Frank Waters | 93,249 | 40p | 363,499 | 0.83% |
Paul Howard | 57,360 | 40p | 158,883 | 0.36% |
For further information:
Bigblu Broadband Group PLC | www.bbb-plc.com |
Frank Waters, CEO | Tel: +44 (0)20 7220 0500 |
Cavendish Capital Markets Limited (Nomad and Broker)
Marc Milmo / Finn Gordon (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)
| Name
|
Michael Tobin
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Director | |||
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 | GB00BD5JMP10 | ||||
b)
| Nature of the transaction
| Share sale under the Company's tender offer | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
0.40 | 111,148 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 111,148 | ||||
- Price | £44,459.20 | ||||
e)
| Date of the transaction
| 29 April 2025 | |||
f)
| Place of the transaction | London Stock Exchange |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Frank Waters
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Director | |||
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 | GB00BD5JMP10 | ||||
b)
| Nature of the transaction
| Share sale under the Company's tender offer | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
0.40 | 93,249 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 93,249 | ||||
- Price | £0.40 | ||||
e)
| Date of the transaction
| 29 April 2025 | |||
f)
| Place of the transaction | London Stock Exchange |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Paul Howard
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Director | |||
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 | GB00BD5JMP10 | ||||
b)
| Nature of the transaction
| Share sale under the Company's tender offer | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
0.40 | 57,360 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 57,360 | ||||
- Price | £22,944.00 | ||||
e)
| Date of the transaction
| 29 April 2025 | |||
f)
| Place of the transaction | London Stock Exchange |
Related Shares:
Bigblu Broadb.