Big Technologies PLC Increase in Share Capital (9778U)
March 31 2023 - 6:12AM
UK Regulatory
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:
+44 (0) 19 2360
Big Technologies 1910
Sara Murray (Chief Executive Officer)
Daren Morris (Chief Financial Officer)
+44 (0) 20 3829
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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END
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