EBT Share Purchase and Share Transfer

Source: RNS
RNS Number : 5040B
Big Technologies PLC
23 August 2024
 

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)







Zeus (Nominated Adviser and Sole Broker)

+44 (0) 20 3829 5000

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

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

 

 

 

 

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