Director/PDMR Shareholding

1.

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

David Richardson

2.

Reason for the notification

a.

Position / Status

Chairman of Supervisory Board

b.

Initial Notification / Amendment

Initial

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

BBGI SICAV S.A.

b.

LEI

5299 00CV 0RWC OP5Y HK95

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

Identification code

Ordinary Shares - No Par Value

ISIN - LU0686550053

b.

Nature of the transaction

Acquisition of Shares pursuant to Scrip Dividend Alternative

c.

Price(s) and volume(s)

d.

Aggregated information

- Aggregated volume

- Price

-Total Value

As in 4 c) above

e.

Date of the transaction

26 October 2016

f.

Place of the transaction

London Stock Exchange

1.

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Colin Maltby

2.

Reason for the notification

a.

Position / Status

Supervisory Board Non-Executive Director

b.

Initial Notification / Amendment

Initial

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

BBGI SICAV S.A.

b.

LEI

5299 00CV 0RWC OP5Y HK95

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

Identification code

Ordinary Shares - No Par Value

ISIN - LU0686550053

b.

Nature of the transaction

Acquisition of Shares pursuant to Scrip Dividend Alternative

c.

Price(s) and volume(s)

d.

Aggregated information

- Aggregated volume

- Price

-Total Value

As in 4 c) above

e.

Date of the transaction

26 October 2016

f.

Place of the transaction

London Stock Exchange

1.

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Duncan Ball

2.

Reason for the notification

a.

Position / Status

Management Board Director / Co-CEO

b.

Initial Notification / Amendment

Initial

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

BBGI SICAV S.A.

b.

LEI

5299 00CV 0RWC OP5Y HK95

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

Identification code

Ordinary Shares - No Par Value

ISIN - LU0686550053

b.

Nature of the transaction

Acquisition of Shares pursuant to Scrip Dividend Alternative

c.

Price(s) and volume(s)

d.

Aggregated information

- Aggregated volume

- Price

-Total Value

As in 4 c) above

e.

Date of the transaction

26 October 2016

f.

Place of the transaction

London Stock Exchange

1.

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Frank Schramm

2.

Reason for the notification

a.

Position / Status

Management Board Director / Co-CEO

b.

Initial Notification / Amendment

Initial

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

BBGI SICAV S.A.

b.

LEI

5299 00CV 0RWC OP5Y HK95

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

Identification code

Ordinary Shares - No Par Value

ISIN - LU0686550053

b.

Nature of the transaction

Acquisition of Shares pursuant to Scrip Dividend Alternative

c.

Price(s) and volume(s)

d.

Aggregated information

- Aggregated volume

- Price

-Total Value

As in 4 c) above

e.

Date of the transaction

26 October 2016

f.

Place of the transaction

London Stock Exchange

1.

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Michael Denny

2.

Reason for the notification

a.

Position / Status

Management Board Director / CFO

b.

Initial Notification / Amendment

Initial

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

BBGI SICAV S.A.

b.

LEI

5299 00CV 0RWC OP5Y HK95

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

Identification code

Ordinary Shares - No Par Value

ISIN - LU0686550053

b.

Nature of the transaction

Acquisition of Shares pursuant to Scrip Dividend Alternative

c.

Price(s) and volume(s)

d.

Aggregated information

- Aggregated volume

- Price

-Total Value

As in 4 c) above

e.

Date of the transaction

26 October 2016

f.

Place of the transaction

London Stock Exchange