BST Big Sofa Technologies Group Plc

TIDMBST

RNS Number : 7828L

Big Sofa Technologies Group PLC

10 September 2019

10 September 2019

Big Sofa Technologies Group plc

("Big Sofa Technologies" or the "Company")

Statement Re Press Comment

Big Sofa Technologies (AIM:BST) notes an article in the Evening Standard Newspaper yesterday stating that the Company's revenues are expected to grow by 80% year on year. The Board wishes to clarify that the expectation of growth in revenue is in respect of the first half of 2019 compared to the same six month period in the prior year, as set out in the notification of 11 July 2019 in which the growth was estimated to be more than 70%.

Enquiries:

 
 Big Sofa Technologies Group plc 
 Kirsty Fuller, CEO 
 Joe MacCarthy, CFO 
 
 Arden Partners plc (Nominated Adviser 
  and Joint Broker)                       +44 (0)20 7614 5900 
 Paul Shackleton / Ben Cryer 
 
 Novum Securities (Joint Broker)          +44 (0)20 7399 9427 
 Colin Rowbury 
 
 

About Big Sofa Technologies Group plc

Big Sofa Technologies is an insight-led technology company. The design and development of our technology has been guided by expert understanding of the insight and analytics industries and the needs, pressures and business questions of the clients they serve.

We uncover and analyse new-to-the-industry behavioural data sets in video, enabled by the power of our pioneering data capture and platform technology. We are innovating both in how video-led projects and programmes are designed and in how the data is analysed, showcased, embedded and re-mined.

Our software platform collates, analyses and organises large volumes of raw/unstructured video enabling our clients, which include leading market research and data companies and major household brands, to perform detailed and sophisticated consumer insight analysis and make genuine use of video content.

Big Sofa Technologies' shares are admitted to trading on the London Stock Exchange's AIM market under the ticker BST.L.

To find out more, visit www.bigsofatech.com

Follow us on twitter at @bigsofatech

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September 10, 2019 03:00 ET (07:00 GMT)

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