Issue of Equity / PDMR Dealing
Source: RNSBigblu 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 |
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a) |
Name
|
Chris Hunter Francis Waters Jonathan Robinson |
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2 |
Reason for the notification |
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a) |
Position/status
|
Chief Sales Officer Chief Financial Officer Chief Marketing Officer |
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b) |
Initial notification /Amendment
|
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name
|
Bigblu Broadband plc |
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b) |
LEI
|
2138008P6X5EX455KU41 |
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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 |
ISIN: GB00BD5JMP10 |
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b) |
Nature of the transaction
|
Exercise of options Disposal of shares |
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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:
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d) |
Aggregated information: |
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- Aggregated volume |
733,333 |
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- Price |
£391,095.37 |
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e) |
Date of the transaction
|
Option exercise: 13 September 2019 Share sale: 13 September 2019 |
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f) |
Place of the transaction
|
Option exercise: Outside a trading venue Share sale: London Stock Exchange, AIM Market (XLON) |
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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: +44 (0)20 7260 1000 |
|
Oliver Hardy (Corporate Advisory) |
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|
James Black (Corporate Broking) |
|
|
Walbrook (Media and Investor Relations) |
Tel: +44 (0)20 7933 8780 |
|
Paul Cornelius / Nick Rome |
or bigblubroadband@walbrookpr.com |
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