8 December 2025 For immediate release
Bigblu Broadband plc
('BBB', the 'Group' or the 'Company')
Result of General Meeting
Bigblu Broadband (AIM: BBB.L), announces that, at the general meeting of the Company held earlier today (the "General Meeting"), all Resolutions put to the Company's shareholders ("Shareholders") were duly passed.
The poll votes by resolution are shown below.
| Resolution Number | Resolution Name | Votes For | Votes Against | Votes withheld (Note) | ||
| No. of shares | % of shares voted | No. of shares | % of shares voted |
| ||
| Resolution 1 | Cancellation Resolution | 16,178,729 | 97.46% | 420,939 | 2.54% | 21,148 |
| Resolution 2 | Re-registration as a private limited company and adoption of New Articles Resolution | 16,198,886 | 97.59% | 400,782 | 2.31% | 21,148 |
Note: A 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.
The full text of the Resolutions proposed and passed at the General Meeting can be found in the Circular containing, inter alia, the Notice of General Meeting, which was published on 19 November 2025 and is available on the Company's website at: www.bbb-plc.com.
AIM Cancellation
Following approval by Shareholders at the General Meeting, the admission of the Ordinary Shares to trading on AIM will be cancelled. The AIM Cancellation is expected to take place at 7:00 a.m. 18 December 2025 and, accordingly, the last day of dealings in Ordinary Shares on AIM is expected to be 17 December 2025.
Re-registration as a private company
In accordance with the passing of Resolution 2, the Company will re-register as a private limited company and adopt new articles of association, which is expected to take place by 31 December 2025.
Matched Bargain Facility
To facilitate future shareholder transactions in the Company's Ordinary Shares, the Company has made arrangements for JP Jenkins to provide a Matched Bargain Facility.
Under the Matched Bargain Facility, Shareholders or persons wishing to acquire or dispose of Ordinary Shares will be able to leave an indication with JP Jenkins, through their stockbroker (JP Jenkins is unable to deal directly with members of the public), of the number of Ordinary Shares that they are prepared to buy or sell at an agreed price. In the event that JP Jenkins is able to match that order with an opposite sell or buy instruction, it would contact both parties and then effect the bargain (trade). Shareholdings remain in CREST and can be traded during normal business hours via a UK regulated stockbroker. Should the Cancellation become effective, and the Company puts in place the Matched Bargain Facility, details will be made available to Shareholders on the Company's website at https://bbb-plc.com.
Following the Cancellation, the provision of the Matched Bargain Facility will be kept under review by the Board and, in determining whether to continue to offer a Matched Bargain Facility, the Company shall consider expected (and communicated) Shareholder demand for such a facility as well as the composition of the Company's register of members and the costs to the Company and Shareholders. Shareholders should therefore note that there can be no certainty that the Matched Bargain Facility will continue to be in place for an extended period of time following the Cancellation.
There can be no guarantee as to the level of the liquidity or marketability of the Ordinary Shares under the Matched Bargain Facility, or the level of difficultly for Shareholders seeking to realise their investment under the Matched Bargain Facility.
Capitalised terms used but not defined in this announcement shall have the same meaning given to such terms in the Circular which was published on 19 November 2025.
Unless otherwise defined, capitalised terms within this announcement have the same meaning as set out in the Definitions section within the Circular.
For further information:
| Bigblu Broadband Group PLC | |
| Frank Waters (CEO) | |
| Cavendish Capital Markets Limited (Nomad and Broker) Marc Milmo / Finn Gordon (Corporate Finance) Tim Redfern / Harriet Ward (ECM) | Tel: +44 (0)20 7220 0500 |
About Bigblu Broadband plc
Bigblu Broadband plc (AIM: BBB.L) is focused on supporting its retained shareholdings in Skymesh and Quickline to realise value for BBB shareholders as well as driving its Starlink performance.
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