8 May 2025

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

Big Technologies plc

("Big Technologies" or "the Company", together with its subsidiaries the "Group")

Board and Management Changes and Trading Update

Big Technologies plc (AIM: BIG) is pleased to announce that it has appointed Ian Johnson as Chief Executive Officer and Mike Johns as Director and Chief Financial Officer of the Company, in each case with immediate effect.  Ian and Mike have already been supporting the Company as Non-Executive Director and Chief Financial Officer Designate, respectively, since April 2025.

Mike will now oversee the remainder of the audit and publication of both the Company's preliminary results and its audited financial statements for the year ended 31 December 2024 in line with the previously announced timetable.  

The Company also announces that Daren Morris has been stood down by the Company as Director and Interim Chief Executive Officer with immediate effect and will leave the Group after a period of garden leave.

The Board changes announced today follow consultation with shareholders.

Alexander Brennan, Chairman of the Company, said: "We thank Daren for his hard work at the Group as Chief Financial Officer and, more recently, as Interim Chief Executive Officer, where he has helped to stabilise the business and its people at what has been a difficult time.  We wish him well in his future endeavours.  I am very pleased to welcome Ian, as a highly experienced Chief Executive Officer, in his new role and I look forward to working with him to deliver on the Company's strategy and objectives.  We are equally pleased that Mike will be joining the Board in his role as Chief Financial Officer and we are excited to see him continue the hard work he has been doing since joining the Company."

Ian Johnson said: "I am delighted to accept the role of Chief Executive Officer and am excited to lead the company into a new era of growth and innovation. I look forward to working closely with our talented team to achieve our strategic goals and drive further success. Buddi is a market leader in electronic monitoring solutions and I am confident that the Company can make a lasting impact in our industry whilst making the world a safer place."

Trading Update

Unaudited underlying revenue for the quarter ended 31 March 2025 increased 11% to £12.9 million compared to £11.6 million for Q1 2024 (excl. the Colombia contract which ceased in 2024). Further updates will be provided at the time of the announcement of the Company's preliminary results for the year ended 31 December 2024.

Biography of Mike Johns

Mike is a qualified chartered accountant and was most recently CFO of Aptitude Software Group plc, where he held a number of senior finance positions before being appointed as CFO in 2023.

Information required to be disclosed by the Company under Rule 17 of the AIM Rules for Companies

Michael Stratford Johns, aged 37, is, or has been, a director or partner of the following companies or partnerships within the past five years:

Mike Johns owns no shares in the Company.

There are no further disclosures required in accordance with Rule 17 and Schedule Two, paragraph (g) of the AIM Rules for Companies.

Further announcements will be made as appropriate.

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