Business
Establishment of an Employee Benefit Trust
Establishment of an Employee Benefit Trust.
About this update from Big Technologies Plc
[{"type":"text","content":"\n\n21 September 2023\nBig Technologies plc\n(\"Big Technologies\" or the \"Company\" and the \"Group\")\n\n\nEstablishment of an Employee Benefit Trust\nBig Technologies plc, the UK-based, remote people monitoring technology company, is pleased to announce it has established an Employee Benefit Trust (the \"EBT\").\nThe EBT will be funded by the Company and will hold shares for the benefit of the Company's employees to satisfy the vesting of awards made under the Company's share incentive schemes.\n\nDaren Morris (Chief Financial Officer) and Oliver Bonwick (Group Financial Controller) are the Trustees of the EBT.\n\nThe Company received notification on 20 September 2023 from the Trustees of the EBT that the EBT had purchased a total of 400,000 ordinary shares of £0.01 each in the Company (\"Shares\") at a price of £2.195 per Share on 19 September 2023.\n\nFollowing this transaction, a total of 400,000 Shares representing 0.14 per cent of the Company's total voting rights are held in the EBT.\n \nFor further information please contact:\n \n\n\n\nBig Technologies\n\n\n+44 (0) 19 2360 1910\n\n\n\n\nSara Murray (Chief Executive Officer)\nDaren Morris (Chief Financial Officer)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nZeus (Nominated Adviser and Sole Broker)\n\n\n+44 (0) 20 3829 5000\n\n\n\n\nJamie Peel / Dan Bate / Kieran Russell (Investment Banking)\nBenjamin Robertson (Equity Capital Markets)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n","length":3859,"tagName":"div"}]