Big Sofa Technologies Group PLC Results of AGM and General Meeting (7296U)

TIDMBST

RNS Number : 7296U

Big Sofa Technologies Group PLC

01 April 2019

01 April 2019

Big Sofa Technologies Group plc

("Big Sofa Technologies" or the "Company")

Results of Annual General Meeting and General Meeting

Big Sofa Technologies (AIM:BST), a video analytics provider to the global insight and analytics industries, announces that all resolutions put to shareholders at the Annual General Meeting and General Meeting respectively held earlier today were passed. Consequently, following the Company's announcement on 8 March 2019, the Company has issued and allotted 25,000,000 New Ordinary Shares pursuant to the Capital Raising and Settlement Share Issue, conditional on Admission.

Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. It is expected that Admission will become effective at 8.00 a.m. on 5 April 2019. The 25,000,000 New Ordinary Shares will be credited as fully paid and will rank pari passu with the Company's existing Ordinary Shares.

Total Voting Rights

Following Admission, the total number of voting rights in the Company will be 163,750,692 Ordinary Shares and shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Other than where defined, capitalised terms used in this announcement have the meanings given to them in the circular posted to shareholders by the Company on 8 March 2019, a copy of which is available to view on the Company's website at www.bigsofatech.com.

Enquiries

 
 Big Sofa Technologies Group plc          [phone] 
 Kirsty Fuller, CEO 
 Joe MacCarthy, CFO 
 
 Arden Partners plc (Nominated Adviser 
  and Broker)                             [phone] 
 Paul Shackleton / Ben Cryer 
 
 Novum Securities (Joint Broker)          [phone] 
 Colin Rowbury 
 

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

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 [e-mail] or visit www.rns.com.

END

RAGSSMFLFFUSELL

(END) Dow Jones Newswires

April 01, 2019 10:51 ET (14:51 GMT)