Big Sofa Technologies Group PLC Directorate Change (4779B)
September 21 2018 - 1:01AM
UK Regulatory
TIDMBST
RNS Number : 4779B
Big Sofa Technologies Group PLC
21 September 2018
21 September 2018
Big Sofa Technologies Group plc
("Big Sofa" or the "Company")
Directorate Change
The directors of Big Sofa (AIM:BST), a fast-growing
international video analytics provider to the consumer insight
industry, intend to appoint John Howarth as a non-executive
director of Big Sofa, subject to the satisfactory outcome of
regulatory due diligence. A further announcement will be made in
due course.
Mr Haworth is Chief Financial Officer of Ipsos MORI UK, a UK
subsidiary of Ipsos Group, one of the world's largest market
research organisations and a 20% shareholder in the Company. Prior
to joining Ipsos MORI UK, Mr Haworth held various global and
European chief financial officer positions within the Kantar Group,
one of the world's largest insight, information and consultancy
groups. He has a successful track record of helping businesses to
grow over more than 20 years, ranging from divisions of FTSE 100
groups to small and medium-sized enterprises.
Mr Haworth, who is London-based, will replace Laurence Stoclet,
who is Paris-based, as Ipsos MORI UK's nominated director on the
board of Big Sofa. Ms Stoclet resigns as a non-executive director
of the Company with effect from today.
Simon Lidington, Chief Executive Officer of Big Sofa,
commented:
"We look forward to welcoming John Haworth as Ipsos MORI UK's
appointee to the board of Big Sofa, subject to customary
procedures. As Chief Financial Officer of Ipsos MORI UK, and
formerly of various businesses within the Kantar Group, John has a
keen understanding of the evolving insight industry. We are
grateful to Laurence Stoclet for her contribution to date and look
forward to working with John to further facilitate our commercial
relationship with Ipsos Group."
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
Enquiries
Big Sofa Technologies Group plc via Vigo Communications
Simon Lidington, CEO
Matt Lynch, CSO
Joe MacCarthy, CFO
Arden Partners plc (Nominated Adviser
and Broker) +44 (0)20 7614 5900
Paul Shackleton / Ben Cryer
Vigo Communications (Financial Public
Relations) +44 (0)20 7390 0237
Ben Simons / Jeremy Garcia / Antonia
Pollock
About Big Sofa Technologies Group plc
Big Sofa is a B2B technology business providing the marketing
and consumer insight industries with video observation and
analytics services, as video emerges as a key platform in a massive
$40 billion consumer research market.
Our software platform collates, analyses and organises large
volumes of raw/unstructured video enabling our clients, which
include leading market research organisations and major household
brands, to perform detailed and sophisticated consumer insight
analysis; and make genuine use of video content.
Big Sofa deploys three product solutions: Video Observer, which
captures and analyses real-time behaviour using fixed and wearable
cameras in-home or in-store; Video Manager, which enables clients
to upload, store and manage video using Big Sofa's analytics
platform; and Video Stories, which enables clients to collect video
embedded in consumer insight surveys.
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
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END
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