31 March 2023
Big Technologies plc
("Big Technologies" or the "Company")
Increase in share capital
Big Technologies plc, the UK-based, remote people monitoring technology company, announces that 40,000 new ordinary shares of 1 pence each in Big Technologies ("Ordinary Shares") have been issued in order to satisfy the exercise of options by employees under the Big Technologies 2019 EMI Share Option Plan.
Charles Lewinton, Chief Operating Officer, exercised options under the 2019 EMI Share Option Plan over 40,000 ordinary shares of £0.01 each ("Ordinary Shares") in the Company with an exercise price of £0.2676 per Ordinary Share. Following this exercise, Mr Lewinton holds 121,200 ordinary shares in the Company, representing approximately 0.04 per cent. of the Company's issued Ordinary Share capital.
Application has been made for the new Ordinary Shares to be admitted to AIM, with the admission date expected to be 4 April 2023. On admission, the shares will rank pari passu in all respects with the existing Ordinary Shares of the Company. The company's total issued share capital following admission will consist of 290,440,082 ordinary shares of 1 pence each with one voting right per share. This figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information please contact:
|
Big Technologies |
+44 (0) 19 2360 1910 |
|
Sara Murray (Chief Executive Officer) Daren Morris (Chief Financial Officer) |
|
|
|
|
|
Zeus (Nominated Adviser and Sole Broker) |
+44 (0) 20 3829 5000 |
|
Jamie Peel / Dan Bate / Kieran Russell (Investment Banking) Benjamin Robertson (Equity Capital Markets)
|
|
The notification set out below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
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 |
Charles Lewinton |
|
2. |
Reason for the notification |
|
|
a) |
Position/status |
COO |
|
b) |
Initial notification/Amendment |
Initial notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
Big Technologies PLC |
|
b) |
LEI |
2138001GM2MZ6I2D1W29 |
|
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
Identification code |
Ordinary shares of £0.01 each
ISIN: GB00BN2TR932 |
|
b) |
Nature of the transaction |
Exercise of share options |
|
c) |
Price(s) and volume(s)
|
Price(s) Volume(s) £0.268 40,000
|
|
d) |
Aggregated information
|
Price Volume £0.268 40,000
|
|
e) |
Date of the transaction |
31 March 2023 |
|
f) |
Place of the transaction |
Outside a trading venue |
|
|
|
|
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.
