Big Technologies Plc (BIG.L), a provider of electronic monitoring solutions, on Friday, announced that Alexander Brennan has intended to step down as Independent Non-Executive Chair with immediate effect. The company also said that it appointed Sangita Shah as Interim Independent Non-Executive Chair.
The company said the Board is awaiting confirmation that its offer of mediation will be accepted by former CEO Sara Murray
The company also said that such acceptance would enable the company to move forward with constructive settlement discussions related to the ongoing litigation.
Big Technologies is currently trading 0.05% lesser at 84.96 pence on the London Stock Exchange.
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