Increased Shareholding from Substantial Investors Since ListingSydney, Sep 25, 2017 AEST (ABN Newswire) - Big Un Limited (ASX:BIG) (or "the Company") is pleased to provide commentary on the substantial shareholding notices that were provided to the Company and lodged with the ASX on 22nd September 2017.
Hugh Massie, Chairman, says, "The Company's substantial shareholding notice highlights an increase in shareholding among key investors since listing in December 2014. They confirm that our largest shareholder positions have only increased since listing, due principally to their ongoing support in capital raises as announced.
In the case of our largest shareholder, A P Reyem Pty Ltd and associated entities, the notices show that 10,497,889 shares have been added since listing and only 20,000 divested in May 2017.
In the case of our second largest shareholder, Richbrandson Pty Ltd, the notices show the shareholding has increased by 2,748,334 shares and no shares have been sold.
The management team and founders remain resolute in maintaining their shareholding going forward."
About Big Un Ltd
Big Un Ltd (ASX:BIG) is the parent company of Big Review TV Ltd. Big Review TV is a social media, video review platform. BIG are innovative disruptors in the online video space delivering subscription based video technology products and services. The Company has operations across Australia and in New Zealand, the United Kingdom and the United States, Hong Kong, Singapore and Vancouver and was listed on the ASX in December 2014.
Big Un Ltd