06 aug 25   big technologies plc - board change and issue of shares big technologies plc | big | 91.7 0 0.0% | mkt cap: 270.3m    rns number : 1171u big technologies plc 06 august 2025       big technologies plc   ("big technologies" or the "company", and together with its subsidiaries, the "group")     board change and issue of shares   rickmansworth - 6 august 2025: big technologies plc (aim: big), a leading provider of electronic monitoring solutions for criminal justice and remote care, announces that, to continue the recent evolution and balance of the board, specifically with regard to improving governance practices and structures, charles lewinton, coo, has agreed to stand down from the board with immediate effect. charles will continue as the group's coo and a member of its executive team. the board believes this change will deliver a better balance between executive and non-executive directors and establish clearer lines of responsibility and accountability.   issue of shares the group separately announces that 1,187,796 new ordinary shares of 1 pence each  in big technologies ("ordinary shares") have been issued to charles lewinton in order to satisfy the exchange of a shares in buddi limited into shares in big technologies, following the remaining exercise of the second tranche of put options under the buddi limited growth share plan (the "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 11 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 300,944,313 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 295,944,313 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. alexander brennan, chairman said: "this change, together with the recent addition of sangita shah as a non-executive director, will improve the structure and balance of our board".      ian johnson, ceo said: "i look forward to continuing to work closely with charles, executing the group's strategy for growth, developing new and improved products and building our business in the americas".   enquiries         big technologies plc +44 (0) 192 360 1910 alexander brennan (chairman)   ian johnson (chief executive officer)     zeus (nominated adviser and joint broker)  +44 (0) 203 829 5000 dan bate / kieran russell (investment banking)   benjamin robertson (equity capital markets)    singer capital markets (joint broker) +44 (0) 207 496 3000 james moat / james todd (investment banking)    -ends-   about big technologies is a market leader in the remote personal monitoring industry, operating under the trusted 'buddi' brand. the company delivers innovative, high-quality solutions that combine advanced hardware and software to support the monitoring of individuals in both the criminal justice and remote care sectors. through its integrated technology platform, big technologies offers state-of-the-art electronic monitoring solutions on a subscription-based, saas-like model. this platform is highly flexible and scalable, enabling tailored deployments across diverse use cases and geographies. the company's core technologies are designed to meet the evolving needs of governments, agencies, and care providers, ensuring safety, compliance, and peace of mind through reliable, real-time monitoring.       this information is provided by rns, the news service of the london stock exchange. rns is approved by the financial conduct authority to act as a primary information provider in the united kingdom. terms and conditions relating to the use and distribution of this information may apply. for further information, please contact rns@lseg.com or visit www.rns.com.  rns may use your ip address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. for further information about how rns and the london stock exchange use the personal data you provide us, please see our privacy policy.   end   boapkpbkobkdcfk return to news summary

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