Schedule One - Big Technologies plc | RNS | Ticker

Schedule One - Big Technologies plc

RNS Announcement

RNS Number : 1004F

AIM

14 July 2021

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")

COMPANY NAME:

Big Technologies plc

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

Talbot House

17 Church Street

Rickmansworth

WD3 1DE

COUNTRY OF INCORPORATION:

England and Wales

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

www.bigtechnologies.co.uk (from Admission)

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

Big Technologies plc (the "Company") provides products and services to the remote and personal monitoring industry under a number of brand and trading names, with 'Buddi' being the most well known and used in respect of activities within the core criminal justice market. The Company's criminal justice solution involves proprietary monitoring software combined with modular monitoring hardware being used to accurately track the location of tag wearers. Alongside this, the Company also offers monitoring services solutions for its customers.

The Company was founded in 2005 by Sara Murray OBE. Since 2005, Sara has led the business to develop its technologies and enter new related markets, including the entry to the criminal justice market in 2010.

The Company has a number of core technologies that the Directors believe could also be deployed into additional large markets, such as the health market and the market for the provision of care services.

The Company provides its solutions on a SaaS-like subscription-based model, with long-term contracts spanning up to twelve years in length, providing a secure revenue base from which to deliver contract expansion and to win new contracts.

The Company generates revenue across the world, with operations across the United Kingdom, Australia, United States and Colombia. The main country of operation is the United Kingdom.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

TBC Ordinary Shares of £0.01 each at an issue price of TBC pence

No restrictions on the transfer of shares

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

£TBC million via a placing of new ordinary shares

£TBC million via a sale of existing ordinary shares

Market capitalisation on admission based on an issue price of TBC pence of approximately £TBC million

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

TBC per cent.

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM COMPANY HAS APPLIED OR AGREED TO HAVE ANY OF ITS SECURITIES (INCLUDING ITS AIM SECURITIES) ADMITTED OR TRADED:

N/A

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

Simon Jeremy Collins - Non-Executive Chairman

Sara Elizabeth Murray - Chief Executive Officer

Daren John Morris - Chief Financial Officer

Charles James Lewinton - Chief Technology Officer

Camilla Macun - Non-Executive Director

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

	Before Admission		After Admission
	Ordinary Shares	%	Ordinary Shares	%
Sara Murray	TBC	TBC	TBC	TBC
RCP Ltd	27,400,000	TBC	TBC	TBC
Romelle Ltd	27,389,500	TBC	TBC	TBC
Monitoring Partners	26,697,500	TBC	TBC	TBC
Zinc Limited	25,901,000	TBC	TBC	TBC
Ernström Kapital AB	24,096,900	TBC	TBC	TBC
OEI MAC Inc	20,561,200	TBC	TBC	TBC
Odey European Inc	16,836,100	TBC	TBC	TBC
Iville Limited	9,140,000	TBC	TBC	TBC
Peter Lawson	8,614,000	TBC	TBC	TBC

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

Rockmount Financial Limited

Simon J Collins & Associates

(i) ANTICIPATED ACCOUNTING REFERENCE DATE

(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)

(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

(i) 31 December

(ii) 31 December 2020 (audited financial information)

(iii) 30 September 2021 (half yearly report for the six-month period ended 30 June 2021)

30 June 2022 (annual accounts for the full year to 31 December 2021)

30 September 2022 (half yearly report for the six-month period ended 30 June 2022)

EXPECTED ADMISSION DATE:

Late July 2021

NAME AND ADDRESS OF NOMINATED ADVISER:

Zeus Capital Limited

82 King Street

Manchester

M2 4WQ

10 Old Burlington Street

London

W1S 3AG

NAME AND ADDRESS OF BROKER:

Zeus Capital Limited

10 Old Burlington Street

London

W1S 3AG

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

The admission document, which will contain full details of the applicant and its securities, will be available from www.bigtechnologies.co.uk

THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO APPLY

QCA Corporate Governance Code

DATE OF NOTIFICATION:

14 July 2021

NEW/ UPDATE:

NEW

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 [email protected] 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

PAAGPUUAMUPGGGW

RNS metadata

Title: Schedule One - Big Technologies plc
Time: 08:00:03
Date: 14 Jul 2021
Category: Capital structure
ID: 1004F