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Big Technologies PLC ( (GB:BIG) ) has shared an announcement.
Big Technologies PLC has announced the issuance of 1,187,796 new ordinary shares to facilitate the exchange of A shares in Buddi Limited into shares in Big Technologies, following the partial exercise of put options under the Buddi Limited Growth Share Plan. This move aligns with the company’s strategic growth plan and reflects the satisfaction of specific criteria outlined in their admission document. The new shares are set to be admitted to AIM, with the total issued share capital increasing to 299,756,517 ordinary shares, impacting the total voting rights available to shareholders.
The most recent analyst rating on (GB:BIG) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Big Technologies PLC stock, see the GB:BIG Stock Forecast page.
Spark’s Take on GB:BIG Stock
According to Spark, TipRanks’ AI Analyst, GB:BIG is a Neutral.
Big Technologies PLC receives a moderate overall score of 65, driven by solid financial health but tempered by valuation concerns and technical indicators suggesting weak momentum. The robust balance sheet and profitability are positive, but legal disputes and high P/E ratio pose risks.
To see Spark’s full report on GB:BIG stock, click here.
More about Big Technologies PLC
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.
Average Trading Volume: 528,252
Technical Sentiment Signal: Sell
Current Market Cap: £268M
Find detailed analytics on BIG stock on TipRanks’ Stock Analysis page.