Exercise of Options and Issue of Equity

RNS Number : 6721N

Brave Bison Group PLC

25 September 2019

 

25 September 2019

Brave Bison Group plc

("Brave Bison" or the "Company")

Exercise of Options and Issue of Equity

Brave Bison Group plc (AIM: BBSN), the social video company, has made application to the London Stock Exchange for the admission to trading on AIM ("Admission") of 3,127,342 new ordinary shares of 0.1p each in the Company ("New Ordinary Shares"). 

The New Ordinary Shares have been issued pursuant to the exercise of restricted stock units ("RSUs") awarded to certain employees in January 2018 under the Company's RSU Plan and exercise of options granted in connection with the acquisition of Base79 Ltd in 2014. The New Ordinary Shares rank pari passu in all respects with the Company's existing ordinary shares and Admission is expected to become effective at 8.00 a.m. on 1 October 2019.

Total Voting Rights

Following Admission, the issued share capital of the Company will consist of 611,862,853 ordinary shares of 0.1p each ("Ordinary Shares"), with one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 611,862,853. From Admission, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information please contact:

Brave Bison Group plc

Kate Burns, Chief Executive Officer

Via Newgate - 020 3757 6880

Allenby Capital Limited - AIM Nominated Adviser and Broker

Jeremy Porter / Asha Chotai

Tel: [phone]

Newgate Communications

Elisabeth Cowell / Robin Tozer / Fiona Norman

[e-mail]

Tel: [phone]

 
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.

 

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