Result of AGM

RNS Number : 2326A
Bigblu Broadband PLC
28 May 2021
 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR"). Upon the publication of this announcement, the inside information is now considered to be in the public domain for the purposes of MAR.

 

 

Bigblu Broadband plc

("BBB" or the "Company")

 

Result of AGM

 

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative super-fast and ultrafast broadband services, announces that at its Annual General Meeting held yesterday, all resolutions were duly passed.

 

The results for each resolution were as follows:

 

Resolution

For

%

Against

%

Vote Total

Vote Total as % of Issued Share Capital

Withheld*

1.  To receive adopt the accounts of the Company for the period ended 30th November 2020

27,863,218

99.98

5,333

0.02

27,868,551

48.39

160

2.  To re-elect Philip Moses as a Director

27,862,552

99.98

4,928

0.02

27,867,480

48.39

1,231

3.  To re-elect Frank Waters as a Director

27,864,042

99.99

2,938

0.01

27,866,980

48.39

1,731

4.  To re-appoint Haysmacintyre LLP as auditors

27,864,561

99.99

1,500

0.01

27,866,061

48.39

2,650

5.  To authorise the Directors to allot shares in the Company pursuant to Section 551 of the Companies Act 2006 **

27,856,627

99.96

11,924

0.04

27,868,551

48.39

160

6.  To authorise the Directors to allot equity securities pursuant to Section 570 of the Companies Act 2006 in connection with an issue in favour of shareholders**

27,858,004

99.96

10,047

0.04

27,868,051

48.39

660

 

* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" a resolution.

**Indicates Special Resolution

 

 

For further information:

 

Bigblu Broadband Group PLC

www.bbb-plc.com

Andrew Walwyn, Chief Executive Officer

Frank Waters, Chief Financial Officer

 

 

Via Walbrook PR

finnCap (Nomad and Broker)

Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance)

Tim Redfern / Richard Chambers

(ECM)

 

Tel: +44 (0)20 7220 0500

Walbrook PR (PR / IR Advisers)

Tel: +44 (0)20 7933 8780 or

Nick Rome/Tom Cooper/Nicholas Johnson

BigbluBroadband@walbrookpr.com

 

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 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.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RAGSEWFFAEFSEDI
UK 100

Latest directors dealings