Issue of Shares
1.19m new shares issued to satisfy Buddi Limited put option exercise following fourth anniversary of AIM admission.
- New ordinary shares issued 1,187,796
- Total issued share capital post-admission 299,756,517 ordinary shares
- Total voting rights 294,756,517
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RICKMANSWORTH - 01 August 2025: Big Technologies plc (AIM: BIG), a leading provider of electronic monitoring solutions for criminal justice and remote care, announces that 1,187,796 new ordinary shares of 1 pence each ("Ordinary Shares") in Big Technologies have been issued in order to satisfy the exchange of A shares in Buddi Limited into shares in Big Technologies, following the partial exercise of the second tranche of put options under the Buddi Limited Growth Share Plan ("Put Option") (as set out in paragraph 13.5 of Part V of the Big Technologies Admission Document dated 26 July 2021 (the "Admission Document")). This exercise of the Put Option follows the satisfaction of the Time Criteria, which is set out in the Admission Document (the Time Criteria being the fourth anniversary of the date of the Company's admission to trading on AIM).
Admission and Total Voting Rights
Application has been made for the new Ordinary Shares to be admitted to AIM, with the admission date expected to be 5 August 2025. 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 299,756,517 ordinary shares of 1 pence each. The Company now holds 5,000,000 shares in treasury. The total voting rights in the Company is now 294,756,517 which may be used by shareholders 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, Big Technologies under the FCA's Disclosure Guidance and Transparency Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.