REG - Brave Bison Grp PLC - Grant of RSUs to a Director

Brave BisonAnnouncement

18/01/2019 12:10

RNS Number : 5365N
Brave Bison Group PLC
18 January 2019
 


18 January 2019
 
Brave Bison Group plc
("Brave Bison" or the "Company")
 
Grant of RSUs to a Director
 
Brave Bison Group plc (AIM: BBSN), the social video company, announces the grant of restricted stock units ("RSUs") pursuant to the Company's RSU Plan, adopted in November 2017. The RSUs shall entitle the participant to receive new ordinary shares of 0.1p in the Company ("Shares") upon exercise of the RSUs on a one-for-one basis.
 
The remuneration committee has approved the grant of 5,761,400 RSUs to Claire Hungate, Chief Executive Officer.  The RSUs have an exercise price of 0.1 pence per Share, shall vest on a monthly straight-line basis over a three-year period and are subject only to continued employment. 
 
Following this grant, Claire Hungate now has an interest in 34,456,861 RSUs, representing 5.98 per cent. of the Company's current issued share capital.
 
The total pool of RSUs is limited to 12.5 per cent. of the Company's issued ordinary share capital under the RSU Plan. Following today's grant, a total of 68,618,650 RSUs have been issued, representing 11.9 per cent. of the Company's issued share capital.
 
For further information please contact:
 
Brave Bison Group plc
Jack Bates, Communications Manager
Email: jackbates@bravebison.io
 
Allenby Capital Limited
Jeremy Porter / Asha Chotai
Tel: 020 3328 5656
 
Newgate Communications
Elisabeth Cowell / Robin Tozer/ Fiona Norman
bravebison@newgatecomms.com
Tel: 020 3757 6880
 

About Brave Bison:
Brave Bison is a social video company, proudly working with some of the biggest brands and most followed YouTube and Facebook talent in the world. Clients include P&G, Shell, PUMA and Hyundai.
 
Brave Bison makes it simple for content owners, creators, brands, publishers and platforms to unlock the value of online video, whether on a licensed, ad-funded, direct to consumer or paid placement basis.
 
The business is based in two regions - Europe, with headquarters in London; and APAC, with offices in Singapore.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name


Claire Hungate




2
 


Reason for the notification
 




a)
 


Position/status
 


CEO




b)
 


Initial notification /Amendment
 


Initial notification




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 




a)
 


Name
 


Brave Bison plc




b)
 


LEI
 


213800BEII7EWIN8X308 




4
 


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




a)
 


Description of the financial instrument, type of instrument
Identification code
 


Restricted stock units (over ordinary shares of 0.1p)
 
 
GB00BF8HJ774




b)
 


Nature of the transaction
 


Grant of restricted stock units




c)
 


Price(s) and volume(s)





Price(s)
 


Volume(s)




0.1p exercise price


5,761,400



 




d)
 


Aggregated information
- Aggregated volume
- Price
 


  n/a
 




e)
 


Date of the transaction 


17 January 2019




f)
 


Place of the transaction
 


Outside a trading venue



 
 
 
 




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