Grant of RSUs to a Director

RNS Number : 1717P

Brave Bison Group PLC

16 February 2021

 

16 February 2021

Brave Bison Group plc

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

Grant of Restricted Stock Units

Director/PDMR Shareholding

Brave Bison, the social media and marketing group, announces that it has granted 12,256,424 restricted stock units ("RSUs") to Philippa Norridge, Chief Financial Officer of Brave Bison.

The RSUs have been granted as EMI-qualifying RSUs under the Company's RSU Plan, adopted in November 2017 (the "2017 Plan"), and entitle the recipient to receive new ordinary shares of 0.1p in the Company ("Ordinary Shares") upon exercise of the RSUs on a one-for-one basis at an exercise price of 0.1 pence per Ordinary Share.

The RSUs now issued will vest in three equal tranches over a three-year period commencing on 1 May 2020. 

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 28,008,936 RSUs are now in issue, representing approximately 4.6 per cent. of the Company's issued ordinary share capital.

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

Brave Bison Group plc

Oliver Green, Executive Chairman                                              via Cenkos Securities plc

Cenkos Securities plc  Tel: [phone]

Nominated Adviser & Broker

Nicholas Wells

Ben Jeynes

About Brave Bison

Brave Bison is a new-era media and marketing group that specialises in social media. Brave Bison combines a leading social marketing agency and content studio with a media network of over 650 channels and 158m followers. Recent advertising partners include Panasonic, Vodafone, Uniqlo and BBC. The company is headquartered in London with additional offices in Singapore.

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philippa Norridge
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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 Identification code	Restricted stock units (over ordinary shares of 0.1p) Identification code (ISIN) for Brave Bison Group plc ordinary shares:  GB00BF8HJ774
b)	Nature of the transaction	Grant of restricted stock unit
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 12,256,424
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	15 February 2021
f)	Place of the transaction	Outside a trading venue

 

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