REG - Brave Bison Grp PLC - AGM Statement

Brave BisonAnnouncement

14/06/2023 07:00

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RNS Number : 6149C  Brave Bison Group PLC  14 June 2023

14 June 2022

 

 Brave Bison Group plc

 

("Brave Bison" and the "Company")

 

AGM Statement

 

Brave Bison, the digital advertising and technology services company, is
pleased to provide the following trading update ahead of the Company's Annual
General Meeting to be held at 10.00 am today.

 

Trading Update

 

Trading in the first five months of the year has continued in-line with
expectations and the Board reaffirms its ongoing confidence in meeting
full-year market forecasts.

 

The integration of Social Chain, which was acquired in February 2023, is now
well advanced. The delivery teams have been restructured and central functions
including HR, IT, finance and marketing have all been merged with Brave Bison.
New engagements have been won with Asda, Pinterest, Team GB and Warner Bros.

 

At Brave Bison Performance, our digital advertising practice, contracts have
been renewed and/or expanded with major customers including Asus and Furniture
Village. New business wins during the first half include a US insurance
company under NDA with revenues of approximately $12bn, GHD, a consumer
products company, and Manual, a male wellness company.

 

At Brave Bison Commerce, our digital commerce practice, customers are
continuing to invest in their digital platforms. Existing customer Muller
ramped up activity in H1, and new customers include a Finnish retailer under
NDA with revenues of approximately $1.5bn.

 

In the Brave Bison Media Network, our portfolio of ~650 channels across
YouTube, Snapchat, Facebook, TikTok and Instagram, contracts have been renewed
in respect of partner channels for PGA Tour, DP World Tour and Alofoke, each
for 24 months.

 

The Board would like to thank shareholders for their support over the past 12
months and we look forward to updating on further progress in September 2023
on the publication of the Company's interim results for the period to 30 June
2023.

 

For further information please contact:

 

Brave Bison Group plc

Oliver Green,
Chairman
via Cenkos

Theo Green, Chief Growth Officer

Philippa Norridge, Chief Financial Officer

 

Cenkos Securities
plc
+44 (0)20 7397 8900

Nominated Adviser & Broker

Ben Jeynes

Dan Hodkinson

 

About Brave Bison

 

Brave Bison (AIM: BBSN) is a digital advertising and technology services
company, headquartered in London with a globally distributed workforce in over
ten countries. The Company provides services to global brand advertisers
through four business units.

 

Brave Bison Performance is a paid and organic media practice. It plans and
buys digital media on platforms like Google, Meta, TikTok, Amazon and YouTube,
as well as providing search engine optimisation and digital PR services.
Customers include New Balance, Curry's and Asus.

 

Social Chain by Brave Bison is a social media advertising practice. It creates
content for social media platforms, and works with influencers to create and
distribute content. This creative approach ensures that content more native to
the platform it is on, leading to higher engagements from its audience.
Customers include KFC, TikTok and General Mills.

 

Brave Bison Commerce is a digital commerce practice. It creates, improves and
maintains transactional websites and manages the customer experience in a
digital environment. This practice builds ecommerce systems in a composable
way - whereby different functions of a website are provided by different
software from different vendors. Customers include MKM Building Supplies,
Muller and Furniture Village.

 

Brave Bison Media Network is a portfolio of channels across YouTube, Facebook,
Snapchat, TikTok and Instagram. These channels generate over 1 billion monthly
views, and the advertising inventory from each channel is sold through online
advertising exchanges. Popular channels include The Hook, PGA Tour, US Open
and Link Up TV.

 

 

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