Litigation Update
Summary by AI BETAClose X
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
14 September 2026
Big Technologies plc
("Big Technologies" or "the Company" and, together with its subsidiaries, the "Group")
Litigation Update
Big Technologies plc (AIM: BIG), a leading provider of electronic monitoring solutions announces that mediated discussions between the Company and Sara Murray have ended.
The Company's preferred outcome for the SM Proceedings remains for a settlement, whether mediated or otherwise. However, in the absence of meaningful settlement discussions, the Company will continue to litigate the SM Proceedings. The Company will provide further updates as appropriate.
For further information please contact:
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Big Technologies plc |
+44 (0) 19 2360 1910 |
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Sangita Shah (Interim Chair) |
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Charles Lewinton (Acting CEO) Mike Johns (CFO) |
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Zeus (Nominated Adviser and Joint Broker) |
+44 (0) 203 829 5000 |
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Dan Bate / Kieran Russell (Investment Banking) |
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Nick Searle (Equity Capital Markets) |
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Singer Capital Markets (Joint Broker) |
+44 (0) 207 496 3000 |
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James Moat / Shaun Dobson / James Todd (Investment Banking) |
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About Big Technologies
Our mission is to deliver innovative, high-quality electronic monitoring solutions that combine advanced hardware and software to support monitoring of individuals in our core criminal justice business. Big Technologies is a market leader in the electronic monitoring industry, operating under the trusted 'Buddi' brand. Through its integrated technology platform, Buddi 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.
For more information, please visit www.buddi.com
Forward-looking statements
This announcement contains certain projections and other forward-looking statements with respect to the financial condition, results of operations, businesses and prospects of Big Technologies PLC. The use of terms such as "may", "will", "should", "expect", "anticipate", "project", "estimate", "intend", "continue", "target" or "believe" and similar expressions (or the negatives thereof) are generally intended to identify forward-looking statements. These statements are based on current expectations and involve risk and uncertainty because they relate to events and depend upon circumstances that may or may not occur in the future. There are a number of factors that could cause actual results or developments to differ materially from those expressed or implied by these forward-looking statements. Any of the assumptions underlying these forward-looking statements could prove inaccurate or incorrect and therefore any results contemplated in the forward-looking statements may not actually be achieved. Nothing contained in this announcement should be construed as a profit forecast or profit estimate. Investors or other recipients are cautioned not to place undue reliance on any forward-looking statements contained herein. Big Technologies PLC undertakes no obligation to update or revise (publicly or otherwise) any forward-looking statement, whether as a result of new information, future events or other circumstances.
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