23 August 2024
Big Technologies plc
("Big Technologies" or the "Company")
EBT Share Purchase and Share Transfer
The Company was notified on 22 August 2024 by the Trustees of the Company's Employee Benefit Trust ("EBT"), that the EBT had purchased in aggregate 2,000,000 ordinary shares of £0.01 pence each in the Company at an average price of £1.06 per ordinary share. Further details are contained in the disclosure table below.
The EBT has also agreed to transfer 7,500 ordinary shares of £0.01 pence each in the Company to employees of Buddi Limited, a subsidiary of the Company. The transfer was in satisfaction of certain share options exercised under the 2021 long-term incentive plan ("LTIP"). Awards under the LTIP have no exercise price.
The EBT is a discretionary trust for the benefit of employees of the Company and its subsidiaries.
Following the above transactions, a total of 5,443,314 shares representing 1.82 per cent of the Company's total voting rights, are held in the EBT.
For further information please contact:
Big Technologies |
+44 (0) 19 2360 1910 |
Sara Murray (Chief Executive Officer) Daren Morris (Chief Financial Officer) |
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Zeus (Nominated Adviser and Sole Broker) |
+44 (0) 20 3829 5000 |
Dan Bate / Kieran Russell (Investment Banking) Benjamin Robertson (Equity Capital Markets)
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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.
1. |
Details of the person discharging managerial responsibilities/person closely associated |
|
a) |
Name |
Big Technologies PLC Employee Benefit Trust |
2. |
Reason for the notification |
|
a) |
Position/status |
PCA to Daren Morris (CFO) who is a trustee of the EBT and PDMR of the Company |
b) |
Initial notification/Amendment |
Initial notification |
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Big Technologies PLC |
b) |
LEI |
2138001GM2MZ6I2D1W29 |
4. |
Details of the transaction(s): section to be repeated 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 instrument, type of instrument
Identification code |
Ordinary shares of £0.01 each
ISIN: GB00BN2TR932 |
b) |
Nature of the transaction |
a) Purchase of ordinary shares by EBT b) Purchase of ordinary shares by EBT |
c) |
Price and volume
|
Price Volume a) £1.075 1,000,000 b) £1.045 1,000,000 |
d) |
Aggregated information
|
Price Volume £1.06 2,000,000
|
e) |
Date of the transaction |
a) 21 August 2024 b) 22 August 2024 |
f) |
Place of the transaction |
a) London Stock Exchange, AIM b) London Stock Exchange, AIM |
1. |
Details of the person discharging managerial responsibilities/person closely associated |
|
a) |
Name |
Big Technologies PLC Employee Benefit Trust |
2. |
Reason for the notification |
|
a) |
Position/status |
PCA to Daren Morris (CFO) who is a trustee of the EBT and PDMR of the Company |
b) |
Initial notification/Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Big Technologies PLC |
b) |
LEI |
2138001GM2MZ6I2D1W29 |
4 |
Details of the transaction(s): section to be repeated 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 instrument, type of instrument
Identification code |
Ordinary shares of £0.01 each
ISIN: GB00BN2TR932 |
b) |
Nature of the transaction |
Transfer of ordinary shares by EBT |
c) |
Price(s) and volume(s)
|
Price(s) Volume(s) £0.00 7,500
|
d) |
Aggregated information
|
Price Volume £0.00 7,500
|
e) |
Date of the transaction |
22 August 2024 |
f) |
Place of the transaction |
London Stock Exchange, AIM |