BIGBLU BROADBAND PLC

Remuneration Information • May 31, 2018

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RNS Number : 7616P

Bigblu Broadband PLC

31 May 2018

Bigblu Broadband plc

("BBB" or the "Company")

Bigblu Broadband plc

("BBB" or the "Company")

Grant of LTIP Awards and Share Options

Bigblu Broadband plc (AIM: BBB), a leading provider of alternative fast broadband services, announces that on 30 May 2018, the Company granted nominal-cost options over a total of 1,891,561 ordinary shares under the Company's 2018 Long Term Incentive Plan ("LTIP") to Executive Directors, senior management and certain employees (representing 3.4% of the Company's current issued share capital).

LTIP awards

LTIP awards have made to the following Executive Directors and members of the senior management team and are subject to vesting criteria over a three-year period based on total shareholder return ("TSR") targets:

Name	Position	Number of LTIP awards
Andrew Walwyn	Chief Executive Officer	421,907
Frank Waters	Chief Financial Officer	338,968
Simon Clifton	Chief Technical Officer	329,953
Mark Anderson	Chief Operating Officer	183,908
Christopher Hunter	Chief Sales Officer	270,344
Johnny Robinson	Chief Marketing Officer	270,344

These awards will be based on a range of challenging absolute TSR targets and relative TSR targets based on a broad comparator group of companies in the AIM All Share index, over a three-year period.

Grant of options

In addition, the Board has approved the grant of 413,333 share options to employees both in the UK and overseas under the Company's 2015 Unapproved Option Scheme.  The options will vest 24 months from the date of grant (being 30 May 2018) and are subject to performance conditions including EBITDA and cash flow targets.

Contacts:

Bigblu Broadband Plc	www.bbb-plc.com
Andrew Walwyn, Chief Executive Officer	Via Walbrook PR
Numis Securities (Nomad and broker)	Tel: +44 (0)20 7260 1000
Oliver Hardy (Corporate Advisory)
James Black / Jonathan Abbott (Corporate Broking)
Walbrook PR (PR advisers)	Tel: +44 (0)20 7933 8780
Paul Cornelius / Nick Rome	or bigblubroadband@walbrookpr.com

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

a)

Name

Andrew Walwyn
Frank Waters
Simon Clifton
Mark Anderson
Christopher Hunter
Johnny Robinson

2

Reason for the notification

a)

Position/status

Andrew Walwyn	Chief Executive Officer
Frank Waters	Chief Financial Officer
Simon Clifton	Chief Technical Officer
Mark Anderson	Chief Operating Officer
Christopher Hunter	Chief Sales Officer
Johnny Robinson	Chief Marketing Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Bigblu Broadband Plc

b)

LEI

2138008P6X5EX455KU41

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

a)

Description of the financial instrument, type of instrument

Nominal-cost options over ordinary shares of £0.15 each

Identification code

ISIN: GB00BD5JMP10

b)

Nature of the transaction

Grant of options under the LTIP

c.

Price(s) and volume(s)

Name(s)	Price(s)	Volumes(s)
Andrew Walwyn	£0.15 per share	421,907
Frank Waters	£0.15 per share	338,968
Simon Clifton	£0.15 per share	329,953
Mark Anderson	£0.15 per share	183,908
Christopher Hunter	£0.15 per share	270,344
Johnny Robinson	£0.15 per share	270,344

d)

Aggregated information:

- Aggregated volume

Options over 1,815,424 ordinary shares

- Price

Nil cost

e)

Date of the transaction

30 May 2018

f)

Place of the transaction

Outside a trading venue

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