Allegation by Big TechnologiesLast updated 5 October 2026

Questions Surrounding Big Technologies' 2021 AIM Admission

Big Technologies later alleged that Sara Murray failed to disclose certain interests affecting the stated extent of her interest at admission. This page sets out the questions — and what has and has not been established.

5-point summary
  • 1.Big Technologies admitted to AIM in 2021 under the ticker BIG.
  • 2.The company later alleged Murray failed to disclose interests in certain entities.
  • 3.It said this affected the stated extent of her interest at admission.
  • 4.The allegations are denied and not judicially determined.
  • 5.This publication does not state the IPO was fraudulent unless a competent court or regulator finds so.

Big Technologies was admitted to trading on AIM in 2021. The admission documents set out the company's business, governance and the interests of its directors and shareholders at the time of admission.

In its 12 September 2025 litigation update, Big Technologies alleged that Sara Murray had failed to disclose interests or relationships with certain entities — including Zinc Limited, Monitoring Partners Limited, RCP Limited and Romelle Limited — and that this affected the disclosure of her interests around the AIM IPO.

The chain of events

2021
AIM admission
↓
2025
Subsequent discoveries (per the company)
↓
12 Sep 2025
Allegations published (RNS 0481Z)
↓
Ongoing
Litigation
Do not state

That the IPO was fraudulent, or that admission was obtained by fraud, unless a competent court or regulator makes such a finding. The matters described here are allegations by the company, denied by Sara Murray, and remain subject to ongoing proceedings.

What this publication says

This site records that Big Technologies has made allegations concerning disclosure around the IPO, attributes those allegations to the company, and notes that they are denied. Readers should consult the September 2025 allegations page and the facts vs allegations page for the status of each matter.

Sources & documents used in this article

  1. [1] London Stock Exchange — AIM admission backgroundRead original ↗
  2. [2] Big Technologies plc, RNS 0481Z, 12 September 2025
  3. [3] Companies House, company no. 10791781Read original ↗

Related investigation pages

Published 2025 · Updated 5 October 2026
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