Big Sofa Technologies Group PLC (AIM:BST) announced that to maximise value for its stakeholders, it has decided to pursue a potential sale of the Company, to be conducted by way of a "Formal Sale Process" under The City Code on Takeovers and Mergers (the "Takeover Code" or "Code"). The Board has appointed Wyvern Partners Limited ("Wyvern Partners") as its financial adviser for the purposes of the Formal Sale Process.