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BST Big Sofa Technologies Group Plc

2.55
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Big Sofa Technologies Group Plc LSE:BST London Ordinary Share GB00BZ1B7619 ORD 3P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.55 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Big Sofa Technologies Group PLC Directorate Change (5525G)

07/11/2018 7:00am

UK Regulatory


Big Sofa Technologies (LSE:BST)
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TIDMBST

RNS Number : 5525G

Big Sofa Technologies Group PLC

07 November 2018

7 November 2018

Big Sofa Technologies Group plc

("Big Sofa" or the "Company")

Directorate Change

Big Sofa (AIM:BST), a fast-growing international video analytics provider to the consumer insight industry, announces the appointment of Kirsty Fuller as Chief Executive Officer with immediate effect.

Kirsty was appointed to the board of Big Sofa on 1 October 2018 as Chief Commercial Officer. She is a leader in the global consumer insight and strategy industry having co-founded the Flamingo Group. Flamingo, which was acquired by Omnicom in 2006, grew under her leadership as co-CEO and latterly CEO to become one of the largest specialist qualitative research agencies in the world, with a network of eight offices on four continents, employing 340 staff.

At the same time, Simon Lidington has stepped down from his role as Chief Executive Officer and as an executive director of the Company. Big Sofa will continue to benefit from Simon's expertise, as he remains on the board as a non-executive director of the Company.

Nicholas Mustoe, Chairman of Big Sofa, commented:

"We are delighted that Kirsty has agreed to lead the business as we seek to commercialise Big Sofa's technology and services. Kirsty is a highly-regarded expert in the field of consumer insight. She has been instrumental in integrating innovative methods as the insight industry has evolved and has worked with leading blue-chip companies. Kirsty is also a proven business leader, having co-founded, grown, sold and thereafter continued to run one of the world's most successful qualitative research agencies. We welcome her into the position of chief executive officer and look forward to benefitting from her experience and expertise.

"I should also like to thank the Company's co-founder, Simon Lidington, for his ongoing contribution in identifying the opportunity for video analytics technology and services within consumer insight, in developing the business and, most recently, in attracting one of the world's largest market research organisations to become a major shareholder. We look forward to continuing to benefit from his expertise as a non-executive director."

Kirsty Fuller, Chief Executive Officer of Big Sofa, added:

"Integrating new methods which demand new client and agency behaviours is never an easy task, whatever the size of company; it is an exciting challenge. There is, however, growing client appreciation of the importance of video in understanding consumer behaviour. Claimed behaviour is no longer enough. Clients are seeking pioneering approaches in video capture, analysis and showcasing as critical inputs to business and product innovation and decision-making processes. Our technology platform enables a new form of insight delivery, a new mode of ongoing client engagement and a new resource for responding quickly to clients' business questions."

Enquiries:

 
 Big Sofa Technologies Group plc          via Vigo Communications 
 Kirsty Fuller, CEO 
 Joe MacCarthy, CFO 
 
 Arden Partners plc (Nominated Adviser 
  and Joint Broker)                       +44 (0)20 7614 5900 
 Paul Shackleton / Ben Cryer 
 
 Novum Securities (Joint Broker)          +44 (0)20 7399 9427 
 Colin Rowbury 
 
 Vigo Communications (Financial Public 
  Relations)                              +44 (0)20 7390 0237 
 Ben Simons / Jeremy Garcia / Antonia 
  Pollock 
 

About Big Sofa Technologies Group plc

Big Sofa is a B2B technology business providing the marketing and consumer insight industries with video observation and analytics services, as video emerges as a key platform in a massive US$40 billion consumer research market.

Our software platform collates, analyses and organises large volumes of raw/unstructured video enabling our clients, which include leading market research organisations and major household brands, to perform detailed and sophisticated consumer insight analysis; and make genuine use of video content.

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

November 07, 2018 02:00 ET (07:00 GMT)

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