Posting of Circular and Notice of GM

RNS Number : 0036V

Bigblu Broadband PLC

04 August 2020

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION (EU) NO 596/2014 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Bigblu Broadband plc

('BBB' or the 'Company' or the 'Group')

Posting of Circular

and

Notice of General Meeting

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative super-fast broadband services, announces that the Circular as referenced in the announcement dated 31 July 2020, has been sent to shareholders together with a notice of a General Meeting ("General Meeting") which is to be held at The Old Rectory, 72 Marychurch Street, London SE16 4HZ at 10.00 a.m. on 28 August 2020. Copies of the Circular and Notice of General Meeting are available from the Company's website, www.bbb-plc.com.

THE BOARD STRONGLY URGES SHAREHOLDERS TO COMPLY WITH GOVERNMENT PUBLIC HEALTH INSTRUCTIONS IN RESPECT OF THE COVID-19 PANDEMIC AND SOCIAL CONTACT, PUBLIC GATHERINGS AND NON-ESSENTIAL TRAVEL. PLEASE NOTE THAT THE COMPANY CURRENTLY INTENDS TO REFUSE ENTRY TO SHAREHOLDERS WHO DO ATTEMPT TO ATTEND THE GENERAL MEETING IN ORDER TO COMPLY WITH THOSE PUBLIC HEALTH INSTRUCTIONS.

For further information:

Bigblu Broadband plc	www.bbb-plc.com
Andrew Walwyn, Chief Executive Officer Frank Waters, Chief Financial Officer Dom Del Mar, Corporate Development	Via Walbrook PR
finnCap (Nomad and Broker)	Tel: [phone]
Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance) Tim Redfern / Richard Chambers / Manasa Patil (ECM)
Walbrook PR (PR / IR advisers)	Tel: [phone] or
Nick Rome / Tom Cooper / Nicholas Johnson	[e-mail]
Torch Partners (Financial Adviser) Rupert Robson / Tom Roberts / Gabriele Martini	Tel: [phone]

About Bigblu Broadband plc:

Bigblu Broadband plc (AIM: BBB.L), is a leading provider of alternative super-fast broadband solutions throughout Europe and Australia. BBB delivers a portfolio of super-fast 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 super-fast broadband services increases around the world.

Acquisitive and organic growth have enabled BBB to grow rapidly since inception in 2008 during which time the Company has completed 21 acquisitions across nine different countries. It is extremely well positioned to continue growing as it targets customers that are trapped in the 'digital divide' with limited fibre broadband options.

BBB's range of solutions includes satellite, next generation fixed wireless and 4G/5G delivering between 30 Mbps and 150 Mbps for consumers, and up to 1 Gbps for businesses. BBB provides customers ongoing 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 'video-on- demand'. Its 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 router.

 

END

 

 

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