Big Technologies PLC Increase in Share Capital (9778U)

TIDMBIG

RNS Number : 9778U

Big Technologies PLC

31 March 2023

31 March 2023

Big Technologies plc

("Big Technologies" or the "Company")

Increase in share capital

Big Technologies plc, the UK-based, remote people monitoring technology company, announces that 40,000 new ordinary shares of 1 pence each in Big Technologies ("Ordinary Shares") have been issued in order to satisfy the exercise of options by employees under the Big Technologies 2019 EMI Share Option Plan.

Charles Lewinton, Chief Operating Officer, exercised options under the 2019 EMI Share Option Plan over 40,000 ordinary shares of GBP0.01 each ("Ordinary Shares") in the Company with an exercise price of GBP0.2676 per Ordinary Share. Following this exercise, Mr Lewinton holds 121,200 ordinary shares in the Company, representing approximately 0.04 per cent. of the Company's issued Ordinary Share capital.

Application has been made for the new Ordinary Shares to be admitted to AIM, with the admission date expected to be 4 April 2023. On admission, the shares will rank pari passu in all respects with the existing Ordinary Shares of the Company. The company's total issued share capital following admission will consist of 290,440,082 ordinary shares of 1 pence each with one voting right per share. This figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information please contact:

 
                                                       [phone] 
 Big Technologies                                       1910 
 Sara Murray (Chief Executive Officer) 
  Daren Morris (Chief Financial Officer) 
 
                                                       [phone] 
 Zeus (Nominated Adviser and Sole Broker)               5000 
 Jamie Peel / Dan Bate / Kieran Russell (Investment 
  Banking) 
  Benjamin Robertson (Equity Capital Markets) 
 

The notification set out below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
       Details of the person discharging managerial responsibilities/person 
  1.    closely associated 
 a)    Name                                 Charles Lewinton 
      -----------------------------------  ---------------------------------- 
       Reason for the notification 
  2. 
      ----------------------------------------------------------------------- 
 a)    Position/status                      COO 
      -----------------------------------  ---------------------------------- 
 b)    Initial notification/Amendment       Initial notification 
      -----------------------------------  ---------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------- 
 a)    Name                                 Big Technologies PLC 
      -----------------------------------  ---------------------------------- 
 b)    LEI                                  2138001GM2MZ6I2D1W29 
      -----------------------------------  ---------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
      ----------------------------------------------------------------------- 
 a)    Description of the financial         Ordinary shares of GBP0.01 each 
        instrument, type of instrument 
 
        Identification code                  ISIN: GB00BN2TR932 
      -----------------------------------  ---------------------------------- 
 b)    Nature of the transaction            Exercise of share options 
      -----------------------------------  ---------------------------------- 
 c)    Price(s) and volume(s)                Price(s) Volume(s) 
                                              GBP0.268 40,000 
      -----------------------------------  ---------------------------------- 
 d)    Aggregated information               Price Volume 
                                             GBP0.268 40,000 
      -----------------------------------  ---------------------------------- 
 e)    Date of the transaction              31 March 2023 
      -----------------------------------  ---------------------------------- 
 f)    Place of the transaction             Outside a trading venue 
----  -----------------------------------  ---------------------------------- 
 
 

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March 31, 2023 07:12 ET (11:12 GMT)