Big Sofa Technologies Group PLC Result of General Meeting (3687Q)

TIDMBST

RNS Number : 3687Q

Big Sofa Technologies Group PLC

11 September 2017

11 September 2017

Big Sofa Technologies Group plc

("Big Sofa" or the "Company")

Result of General Meeting

Big Sofa (AIM: BST), a fast-growing international video analytics provider to consumer brands and market research agencies, announces that, at the General Meeting held earlier today, all resolutions were passed. As a result, 8,108,108 Placing Shares and 270,268 Settlement Shares (as defined in the Circular dated 25 August 2017) are expected to be admitted to trading on AIM on 12 September 2017.

Following Admission of the Placing Shares and the Settlement Shares, the resultant directors' holdings will be as follows:

 
 Name               Shareholding      % of issued 
                                    share capital 
 
 Paul Clark            2,410,249            3.70% 
 Steven Metcalfe       1,312,401            2.02% 
 Nicholas 
  Mustoe               2,698,780            4.14% 
 Adam Reynolds         1,354,067            2.08% 
 

For the purpose of the Disclosure Guidance and Transparency Rules, the Company's total issued ordinary share capital following Admission will be 65,131,480 ordinary shares of 3p each. This figure 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 Disclosure Guidance and Transparency Rules.

Enquiries

 
 Big Sofa Technologies Group        via Vigo Communications 
  plc 
 Simon Lidington, CEO 
 Matt Lynch, CSO 
 Joe MacCarthy, CFO 
 
 Vigo Communications (Financial     [phone] 
  Public Relations)                  9700 
 Ben Simons / Jeremy Garcia 
  / Antonia Pollock 
 
                                    [phone] 
 SPARK Advisory Partners (NOMAD)     3554 
 Neil Baldwin / Mark Brady 
 
                                    [phone] 
 Hobart Capital Markets (Broker)     5656 
 Lee Richardson / Raju Haldankar 
 

About Big Sofa Technologies Group plc

Big Sofa is a B2B technology business servicing the marketing and consumer insight industries with video analytics.

Our software platform collates, analyses and organises large volumes of raw/unstructured video content enabling companies to perform detailed and sophisticated consumer insight analysis; and make genuine use of their video content.

Until recently, video has been difficult and expensive to capture, upload, store, manage and analyse as a consumer insight tool. However, proliferation of smart phones has empowered consumers to speak directly to brands resulting in an evolution of consumer insight and data analytics techniques, with video emerging as a key platform in a massive $33 billion consumer research market.

Big Sofa's shares are admitted to trading on the London Stock Exchange's AIM market under the ticker BST.L.

To find out more, visit www.bigsofatech.com

Follow us on twitter at @bigsofatech

This information is provided by RNS

The company news service from the London Stock Exchange

END

ROMLIFEAAEILLID

(END) Dow Jones Newswires

September 11, 2017 05:59 ET (09:59 GMT)