Big Sofa Technologies Group PLC Replacement: Completion of Investment by Ipsos (3094H)

TIDMBST

RNS Number : 3094H

Big Sofa Technologies Group PLC

09 March 2018

9 March 2018

Big Sofa Technologies Group plc

("Big Sofa" or the "Company")

Replacement - Completion of Investment by Ipsos

&

Appointment of Director

The following replaces the "Completion of Investment by Ipsos & Appointment of Director" announcement released on 9 March 2018 at 8.12 a.m. under RNS Number 2373H. The only change relates to correcting the spelling of one of Ms Stoclet's previous directorships in the Appendix to this announcement.

The full amended text is shown below.

Big Sofa (AIM: BST), a fast-growing international video analytics provider to consumer brands and market research agencies, announces the completion of the Investment of GBP3 million in Big Sofa by Ipsos following Admission of the Subscription Shares to AIM.

Admission of Shares and Total Voting Rights

The 16,402,143 Subscription Shares were admitted to trading on AIM at 8:00 a.m. today ("Admission"). Ipsos is now interested in approximately 20 per cent of the Company's total issued ordinary share capital. The Company's total issued ordinary share capital is now 82,010,723 Ordinary Shares. No ordinary shares are held in treasury. 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Appointment of Director

Big Sofa is pleased to confirm the appointment of Ms Laurence Stoclet, Deputy Chief Executive Officer, Group Chief Financial Officer and Support Functions Director at Ipsos, as a Non-executive Director of the Company with immediate effect. Further information relating to the appointment of Ms Stoclet appears below in the appendix to this announcement.

Capitalised terms in this announcement have the same meaning given to them as defined in Big Sofa's announcement dated 2 March 2018.

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 / Phillip Worton 
 

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

Appendix - Appointment of Ms Laurence Stoclet

Save for the information disclosed below, there are no further disclosures to be made in accordance with Schedule Two paragraph (g) of the AIM Rules for Companies in respect of Ms Stoclet.

Full name: Laurence Catherine Dubois Usage Stoclet

Age: 51

Current directorships:

Ipsos SA

Ipsos Group GIE

Ipsos Stat

Ipsos Strategic Plus

Ipsos Proprietary Ltd

Ipsos Public Affairs Pty Ltd

I-View Proprietary Ltd

Synovate (Asia-Pacific-BVI) Ltd

Ipsos-Insight Corporation

Ipsos NPD, Inc.

Ipsos Napoleon Franco & Cia SAS

Ipsos AS (Denmark)

Ipsos GmbH

Ipsos Asia Limited

Ipsos Limited (Hong Kong)

Synovate Limited (Hong Kong)

Ipsos China Limited

Ipsos Observer Limited

Ipsos Research Private Limited

PT Ipsos Market Research Ltd

PT Field Force Indonesia

Ipsos Limited (Ireland)

Ipsos S.r.l

Ipsos Co. Ltd

Ipsos Sdn Bhd

Synovate Sdn Bhd

Ipsos SA de CV

Ipsos Ltd (New Zealand)

Ipsos AS (Norway)

Ipsos Opinion y Mercado S.A.

Ipsos Spolka z Ograniczona Odpowiedzialoscia,Ipsos Iberia S.A.U.

Ipsos Understanding Unlimited S.A.U.

Ipsos Ltd (Thailand)

IJD Ltd

Synovate Ltd (Thailand)

Recon Arastirma Danismanlik AS

Ipsos Arastirma ve Danismanlik AS

Synovate Holding BV

Ipsos BV

Ipsos Insight LLC

Ipsos Interactive Services US LLC

Research Data Analysis, Inc

Ipsos MMA, Inc.

Ipsos Public Affairs, LLC

Ipsos America Inc

Ipsos MORI UK Ltd

Ipsos Interactive Services Limited

Livra Europe Ltd

Ipsos Pan Africa Holding Ltd

Synovate Healthcare Ltd

Ipsos Pte Ltd

DT & Partners

SCI Bon

SCI La Villa du Set

SCI Le Gîvre

Ipsos EMEA Holdings Ltd

Previous directorships (last 5 years):

Synovate Treasury BV

Ipsos Latin America BV

Synovate Management Services Ltd

LT Participations

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 09, 2018 13:00 ET (18:00 GMT)