Bigblu Broadband PLC Issue of Equity / PDMR Dealing (4716U)
July 12 2018 - 6:27AM
UK Regulatory
TIDMBBB
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 GBP0.15 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 GBP0.7875 and subsequently sold the resulting
Ordinary Shares at GBP1.20 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 Initial Notification
/Amendment
-------------------------- ------------------------------------------
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 Ordinary shares of GBP0.15 each
financial instrument,
type of instrument
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 GBP0.7875 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 Initial Notification
/Amendment
-------------------------- -----------------------------------------
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 Ordinary shares of GBP0.15 each
financial instrument,
type of instrument
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 GBP1.20 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 Via Walbrook PR
Officer
Numis Securities (Nomad and broker) Tel: +44 (0)20 7260 1000
Oliver Hardy (Corporate Advisory)
James Black / Jonathan Abbott
(Corporate Broking)
Walbrook PR (PR advisers) Tel: +44 (0)20 7933 8780
Paul Cornelius / Nick Rome or bigblubroadband@walbrookpr.com
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END
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