Big Sofa Technologies Group PLC Results of AGM and General Meeting (7296U)
02 April 2019 - 1:51AM
UK Regulatory
TIDMBST
RNS Number : 7296U
Big Sofa Technologies Group PLC
01 April 2019
01 April 2019
Big Sofa Technologies Group plc
("Big Sofa Technologies" or the "Company")
Results of Annual General Meeting and General Meeting
Big Sofa Technologies (AIM:BST), a video analytics provider to
the global insight and analytics industries, announces that all
resolutions put to shareholders at the Annual General Meeting and
General Meeting respectively held earlier today were passed.
Consequently, following the Company's announcement on 8 March 2019,
the Company has issued and allotted 25,000,000 New Ordinary Shares
pursuant to the Capital Raising and Settlement Share Issue,
conditional on Admission.
Application has been made to the London Stock Exchange for the
New Ordinary Shares to be admitted to trading on AIM. It is
expected that Admission will become effective at 8.00 a.m. on 5
April 2019. The 25,000,000 New Ordinary Shares will be credited as
fully paid and will rank pari passu with the Company's existing
Ordinary Shares.
Total Voting Rights
Following Admission, the total number of voting rights in the
Company will be 163,750,692 Ordinary Shares and shareholders may
use this figure as the denominator for the calculations by which
they will determine if they are required to notify their interest
in, or change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
Other than where defined, capitalised terms used in this
announcement have the meanings given to them in the circular posted
to shareholders by the Company on 8 March 2019, a copy of which is
available to view on the Company's website at
www.bigsofatech.com.
Enquiries
Big Sofa Technologies Group plc +44 (0) 20 7357 0033
Kirsty Fuller, CEO
Joe MacCarthy, CFO
Arden Partners plc (Nominated Adviser
and Broker) +44 (0)20 7614 5900
Paul Shackleton / Ben Cryer
Novum Securities (Joint Broker) +44 (0)20 7399 9427
Colin Rowbury
About Big Sofa Technologies Group plc
Big Sofa Technologies is an insight-led technology company. The
design and development of our technology has been guided by expert
understanding of the insight and analytics industries and the
needs, pressures and business questions of the clients they
serve.
We uncover and analyse new-to-the-industry behavioural data sets
in video, enabled by the power of our pioneering data capture and
platform technology. We are innovating both in how video-led
projects and programmes are designed and in how the data is
analysed, showcased, embedded and re-mined.
Our software platform collates, analyses and organises large
volumes of raw/unstructured video enabling our clients, which
include leading market research and data companies and major
household brands, to perform detailed and sophisticated consumer
insight analysis and make genuine use of video content.
Big Sofa Technologies' 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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