Bigblu Broadband
plc
("BBB" or the "Company")
Issue of Equity and Total
Voting Rights
Bigblu Broadband plc (AIM: BBB.L), a
leading provider of alternative super-fast broadband services,
announces that, following an exercise of options by a former
employee, it has issued and allotted 163,873 new ordinary shares of
15 pence each in the Company ("Ordinary Shares"). Application will
be made for these new Ordinary Shares to be admitted to trading on
AIM and dealings are expected to commence on or around 24 September
2024.
Total Voting Rights
The new Ordinary Shares will rank
pari passu with the existing shares of the Company. Following the
exercise of the options, the Company's issued share capital
consists of 58,715,360 Ordinary Shares. Accordingly, the figure of
58,715,360 may be used by shareholders 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.
For
further information
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Bigblu Broadband Group PLC
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www.bbb-plc.com
|
|
Frank Waters, Chief Executive
Officer
|
www.bbb-plc.com
|
|
Cavendish Capital Markets Limited (Nomad and
Broker)
Marc Milmo / Simon Hicks (Corporate
Finance)
Tim Redfern / Harriet Ward
(ECM)
|
Tel: +44 (0)20 7220 0500
|
About BBB
Bigblu Broadband plc (AIM: BBB.L),
is a market leading provider of alternative superfast and ultrafast
broadband solutions throughout Australia. BBB delivers a portfolio
of superfast and ultrafast wireless broadband products for
consumers and businesses.
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, GEO and LEO, next generation fixed wireless and 4G/5G
FWA delivering between 30 Mbps and 500Mbps for consumers, and up to
1 Gbps for businesses. BBB provides customers with 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 services.
BBB's alternative broadband offerings present a customer experience
that is broadly similar to that offered by wired broadband and the
connection can be shared in the normal way with PCs, tablets and
smart phones.