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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 |
TIDMBST
RNS Number : 6234J
Big Sofa Technologies Group PLC
14 April 2020
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION
The information communicated in this announcement includes inside information for the purposes of Article 7 Regulation 596/2014.
14 April 2020
Big Sofa Technologies Group plc
("Big Sofa Technologies" or the "Company")
Result of General Meeting
Cancellation of admission to trading on AIM of the Ordinary Shares
Result of General Meeting
Big Sofa Technologies Group plc (AIM:BST), ("Company"), an international video analytics provider to the insight and analytics industries, announces that the special resolution put to Shareholders at the General Meeting held earlier today was duly passed. Of the 186,250,692 ordinary shares in issue, the votes cast were as follows:
Number For 72,017,909 Against 2,282,744 Total 74,300,653
As such more than 96 per cent of votes cast were in favour of the resolution. There were no abstentions.
Cancellation of Admission to trading on AIM
The Directors of the Company will now take all steps necessary to cancel the admission of the Ordinary Shares to trading on AIM. It is anticipated that the last day of dealings in the Ordinary Shares will be 28 April 2020. The expected time and date of Cancellation is 7.00 a.m. on Wednesday 29 April 2020.
Formal Sales Process ("FSP")
The process for the FSP will not change as a result of Cancellation and the Company will continue to be subject to the City Code. The Directors will provide shareholders with updates on the FSP, as applicable, by way of an announcement through a Regulatory Information Service and also via the Company's website, www.bigsofatech.com.
Enquiries:
Big Sofa Technologies Group plc +44 (0)20 7357 0033 Kirsty Fuller, CEO Joe MacCarthy, CFO Arden Partners plc (Nominated Adviser and Joint Broker) +44 (0)20 7614 5900 Paul Shackleton / Ben Cryer
About Big Sofa Technologies Group plc
Big Sofa Technologies is an insight-led technology company. The design and development of our technology has been guided by expert understanding of the insight and analytics industries and the needs, pressures and business questions of the clients they serve.
We uncover and analyse new-to-the-industry behavioural data sets in video, enabled by the power of our pioneering data capture and platform technology. We are innovating both in how video-led projects and programmes are designed and in how the data is analysed, showcased, embedded and re-mined.
Our software platform collates, analyses and organises large volumes of raw/unstructured video enabling our clients, which include leading market research and data companies and major household brands, to perform detailed and sophisticated consumer insight analysis and make genuine use of video content.
Big Sofa Technologies' 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
Arden Partners plc, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser and joint broker to the Company and for no one else in connection with the Cancellation. Persons receiving this announcement should note that Arden will not be responsible to anyone other than the Company for providing the protections afforded to customers of Arden or for advising any other person on the arrangements described in this announcement. Arden has not authorised the contents of, or any part of, this announcement and no liability whatsoever is accepted by Arden for the accuracy of any information or opinions contained in this announcement or for the omission of any information. Arden, as nominated adviser and joint broker to the Company, owes certain responsibilities to the London Stock Exchange which are not owed to the Company, the Directors, the Shareholders or any other person.
This announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or otherwise.
This announcement contains inside information for the purposes of Article 7 of the Regulation (EU) No 596/2014 on Market Abuse. Upon the publication of this announcement, this information is considered to be in the public domain.
The distribution of this announcement in jurisdictions outside the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.
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.
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(END) Dow Jones Newswires
April 14, 2020 10:29 ET (14:29 GMT)
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