17 April 2020
Brave Bison Group plc
("Brave Bison" or the "Company")
Director/PDMR Shareholding
Holding in Company
Social video company Brave Bison (AIM: BBSN) announces that it was notified yesterday that on 16 April 2020, Tangent Marketing Services Ltd purchased 31,610,503 ordinary shares in the Company ("Ordinary Shares") at a price of 0.7 pence per Ordinary Share. Following this purchase, Tangent Marketing Services Ltd holds 165,316,059 Ordinary Shares, which is equivalent to approximately 27 per cent. of the Company's total issued ordinary share capital.
Oli Green, Interim Chairman and Non-Executive Director of Brave Bison, is a director and shareholder of Tangent Marketing Services Ltd. Therefore, following this purchase, Oli Green is directly and indirectly interested in a total of 167,468,473 Ordinary Shares, representing approximately 27.35 per cent. of the Company's issued ordinary share capital, which includes the 1,100,000 Ordinary Shares held via Tangent Industries Ltd and the 1,052,414 Ordinary Shares held by Oli Green.
Tangent Marketing Services Ltd is a person closely associated with Oli Green, a person discharging managerial responsibilities. The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation, is appended below.
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 |
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a) |
Name |
Tangent Marketing Services Ltd |
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2 |
Reason for the notification |
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a) |
Position/status |
Tangent Marketing Services Ltd is a person closely associated with Brave Bison Group plc's Interim Chairman, Oli Green who is a person discharging managerial responsibilities
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Brave Bison Group plc |
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b) |
LEI |
213800BEII7EWIN8X308 |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 0.1p each in Brave Bison Group plc
Identification code (ISIN) for Brave Bison Group plc ordinary shares: GB00BF8HJ774
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b) |
Nature of the transaction |
Purchase of shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information
- Aggregated volume - Price |
N/A
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e) |
Date of the transaction |
16 April 2020 |
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f) |
Place of the transaction |
London Stock Exchange, XLON |
For further information please contact:
Brave Bison Group plc
Kate Burns, Chief Executive Officer
Via Rebecca Abigail - 0207 849 4513
Allenby Capital Limited - AIM Nominated Adviser and Broker
Jeremy Porter / Asha Chotai
Tel: 020 3328 5656
Rebecca Abigail ltd
Sebastian Aristizabal-Oviedo, Director
Email: sebastian@rebeccaabigailpr.com
Telephone: 0207 849 4513
About Brave Bison:
Brave Bison is a social video company, specialising in cross-platform video content, connecting global audiences through social media. Its online communities reach over 135 million followers.
Brave Bison is one of the largest YouTube channel partners, with more than 700 channels offering targeted inventory opportunities, alongside in-house specialists that deliver audience development and optimisation. Brave Bison provides expertise across strategy, research, data driven insights, creative and production.
Brave Bison's cultural connections and extensive networks have built long-standing client relationships with brands including P&G, Land Rover and Lego. With more than 70 members of staff across London, Singapore, Japan and Korea, the eight-year-old business continues to stay at the forefront of this fast-moving digital age.