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AUSSIE BROADBAND LIMITED — Director's Dealing 2023
Aug 28, 2023
64278_rns_2023-08-28_e279f0e0-2025-497d-8edb-30828ff2c97e.pdf
Director's Dealing
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ASX Announcement 29 August 2023
Director share sale
Aussie Broadband Limited today announces that Managing Director Phillip Britt has sold 1,000,000 shares and has notified the board of his intention to exercise 698,228 options which will be held for at least 12 months.
The net effect of share sale and options exercised (once completed) will be a 301,772 reduction in shares held. Post these transactions, Phil will hold 15,451,287 shares in ABB and remains a substantial shareholder at 6.5%
The proceeds will be used to fund the exercise of options and for personal reasons.
ENDS
Authorised for release by the Aussie Broadband Board.
Investor enquiries contact Ronn Bechler on 0400 009 774 or [email protected]
Media enquiries contact Alex Walker on 0448 110 962 or [email protected]
Registry queries contact Link Market Services on 1300 554 474
About Aussie Broadband Limited
Aussie Broadband is an Australian operated telecommunications and technology company that formed in 2008 and is headquartered in Morwell Victoria, Australia.
The Company provides a broad range of solutions to residential, business, enterprise and government customers, and provides wholesale access to other telcos and managed service providers.
As a licensed carrier, the Company provides broadband services nationally through a wholesale agreement with NBN Co, its own fibre network, and some leased backhaul infrastructure from third parties.
The Company is the 5[th] largest provider of broadband services in Australia and is one of only six tier 1 voice providers in Australia.
Aussie Broadband is focused on building market share in the business, enterprise and government and wholesale segments through its range of cloud, security, broadband, voice, and managed solutions, whilst continuing to build share in the residential segment.
The Company also offers a range of other telecommunications services including voice, mobile plans and handsets, entertainment bundles through its partnership with Fetch TV and connections through the Opticomm network and its white-label platform.
For further information please visit: https://www.aussiebroadband.com.au/
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