Increase in share capital and director dealing

Big Technologies PLC

18 July 2023

 

18 July 2023

Big Technologies plc

("Big Technologies" or the "Company" and the "Group")

Increase in share capital
and
Director / PDMR Shareholding

Big Technologies plc, the UK-based, remote people monitoring technology company, announces that Charles Lewinton, Chief Operating Officer, exercised options under the 2019 EMI Share Option Plan over  90,000 ordinary shares of £0.01 each ("Ordinary Shares") in the Company with an exercise price of £0.2676 per Ordinary Share. Following this exercise, Mr Lewinton holds 171,200 ordinary shares in the Company, representing approximately 0.06 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 21 July 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 290,635,082 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:

Big Technologies	[phone]
Sara Murray (Chief Executive Officer) Daren Morris (Chief Financial Officer)
Zeus (Nominated Adviser and Sole Broker)	[phone]
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.

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Charles Lewinton
2.	Reason for the notification
a)	Position/status	COO
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	Exercise of share options
c)	Price(s) and volume(s)	Price(s)                        Volume(s)  £0.268                           90,000
d)	Aggregated information	Price                              Volume  £0.268                           90,000
e)	Date of the transaction	18 July 2023
f)	Place of the transaction	Outside a trading venue

 

END