23 April 2025

This release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation (2014/596/EU), or EU MAR, and of the UK version of EU MAR as it forms part of UK law by virtue of the European Union (Withdrawal) Act (as amended).

Bigblu Broadband plc

(the "Company")

Result of Tender Offer

Bigblu Broadband plc (AIM:BBB), a leading provider of alternative super-fast and ultra-fast broadband services, is pleased to announce the results of the Tender Offer set out in the circular published by the Company on 3 March 2025 (the "Circular"), which closed at 1.00 p.m. on 22 April 2025. The Tender Price was 40 pence per Share.

Results of Tender Offer

The Company offered to purchase up to a maximum of 15,250,000 Ordinary Shares (being approximately 26 per cent. of the Company's existing issued share capital) under the Tender Offer. In total, 14,939,838 Ordinary Shares were validly tendered under the Tender Offer and excess applications were received in respect of 37,616,220 Ordinary Shares. As such, the total number of Ordinary Shares being acquired by the Company is the maximum of 15,250,000. All valid tenders were satisfied in full pursuant to their Basic Entitlement (rounded down to the nearest whole number of Ordinary Shares) and excess applications were satisfied based on a percentage proportion of the Total Excess tenders received.

It is expected that, in respect of Tender Offer proceeds for uncertificated Ordinary Shares. CREST accounts will be credited on or before 29 April 2025 and that, in respect of Tender Offer proceeds for certificated Ordinary Shares, cheques will be despatched by 6 May 2025.

The 15,250,000 Ordinary Shares tendered under the Tender Offer will be repurchased by the Company under the Option Agreement and cancelled.

The ordinary issued share capital of the Company following the purchase by the Company will be 43,597,018 (with no ordinary shares held in treasury). The total voting rights in the Company following the purchase by the Company and cancellation will be 43,597,018.

The figure of 43,597,018 may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules

Terms used in this announcement have the same meaning as in the Circular. The Circular can be viewed on, and downloaded from, the Company's website at: https://bbb-plc.com/investor-information/aim-rule-26

For further information

This announcement includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "forecasts", "plans", "prepares", "targets", "anticipates", "projects", "expects", "intends", "may", "will", "seeks", or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this announcement and include statements regarding the Company's and the Directors' intentions, beliefs or current expectations concerning, amongst other things, the Company's prospects, growth and strategy. No statement in this announcement is intended to be a profit forecast and no statement in this announcement should be interpreted to mean the Company's performance in future would necessarily match or exceed the historical published performance of the Company.

By their nature, forward-looking statements involve risks and uncertainties because they relate to future events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance. The Company's actual performance, achievements and financial condition may differ materially from those expressed or implied by the forward-looking statements in this announcement. In addition, even if the Company's results of operations, performance, achievements and financial condition are consistent with the forward-looking statements in this announcement, those results or developments may not be indicative of results or developments in subsequent periods.

Any forward-looking statements that the Company makes in this announcement speak only as of the date of such statement, and none of the Company or the Directors undertake any obligation to update such statements unless required to do so by applicable law. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data.