REG - Brave Bison Grp PLC - Grant of RSU's and Director/PDMR Shareholding

Brave BisonAnnouncement

12/12/2023 14:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231212:nRSL5266Wa&default-theme=true

RNS Number : 5266W  Brave Bison Group PLC  12 December 2023

12 December 2023

 

Brave Bison Group plc

 

("Brave Bison" or the "Company", together with its subsidiaries "the Group")

 

Grant of Restricted Stock Units

 

Director/PDMR Shareholding

 

Brave Bison, the digital advertising and technology services company,
announces that it has granted 10,000,000 restricted stock units ("RSUs")
to Philippa Norridge, Chief Financial Officer of the Group.

 

The RSUs have been granted as EMI-qualifying RSUs under the Company's
Restricted Stock Unit Plan, adopted in November 2017 (the "2017 Plan"), and
entitle the recipient to receive new ordinary shares in the Company upon
exercise of the RSUs at an exercise price of 1.875 pence per ordinary share.

 

The RSUs will vest in three equal tranches over a three-year period commencing
on 1 May 2023.

 

Philippa Norridge joined Brave Bison in 2020 and has served as the Company's
CFO during a period of significant growth in earnings per share. In 2020,
Philippa was granted 12,256,424 RSUs at an exercise price of 0.1p, which were
fully vested as at 30 April 2023, and remain unexercised. Furthermore,
Philippa holds an additional 1,354,319 ordinary shares which were acquired
during placings and open-market transactions as recently as 24 October 2023.

 

The total pool of RSUs under the 2017 Plan is limited to 12.5 per cent of the
Company's issued ordinary share capital and following the above grant, a total
of 85,067,288 RSUs are now in issue, representing approximately 6.6 per cent.
of Brave Bison's issued ordinary share capital.

 

The notification below, made in accordance with the requirements of the Market
Abuse Regulation, provides further details.

 

For further information please contact:

 

Brave Bison Group plc

Oliver Green,
Chairman
via Cavendish

Theo Green, Chief Growth Officer

Philippa Norridge, Chief Financial Officer

 

Cavendish Capital
Markets
Tel: +44 (0)20 7220 0500

Nominated Adviser & Broker

Ben Jeynes / Dan Hodkinson  - Corporate Finance

Michael Johnson / Tim Redfern - Sales & ECM

 

 

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.

 

SocialChain 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.

 

  1    Details of the person discharging managerial responsibilities / person closely
       associated (PCA)
 a)    Name                                                         Philippa Norridge
 2     Reason for the notification
 a)    Position/status                                              CFO
 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 Group 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  ordinary shares of 0.1p each

       Identification code

                                                                    Identification code (ISIN) for Brave Bison Group plc ordinary
                                                                    shares: GB00BF8HJ774

 b)    Nature of the transaction                                    Award of restricted stock units
 c)    Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                    nil       10,000,000

 
 d)    Aggregated information

       - Aggregated volume

       - Price
 e)    Date of the transaction                                      12 December 2023
 f)    Place of the transaction                                     Outside of a trading venue

 

d)

Aggregated information

 

- Aggregated volume

- Price

 

 

e)

Date of the transaction

12 December 2023

f)

Place of the transaction

Outside of a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFLFISFSLFLIV