TIDMBBSN
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.
Details of the person discharging managerial responsibilities
1 / person closely associated (PCA)
a) Name Philippa Norridge
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2 Reason for the notification
-------------------------------------------------------------------
a) Position/status CFO
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b) Initial notification Initial notification
/Amendment
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3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Brave Bison Group plc
--------------------- --------------------------------------------
b) LEI 213800BEII7EWIN8X308
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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
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a) Description ordinary shares of 0.1p each
of the financial
instrument,
type of instrument
Identification code (ISIN) for Brave Bison
Identification Group plc ordinary shares: GB00BF8HJ774
code
--------------------- --------------------------------------------
b) Nature of Award of restricted stock units
the transaction
--------------------- --------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) nil 10,000,000
-----------
--------------------- --------------------------------------------
d) Aggregated
information
- Aggregated
volume
- Price
--------------------- --------------------------------------------
e) Date of the 12 December 2023
transaction
--------------------- --------------------------------------------
f) Place of the Outside of a trading venue
transaction
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END
DSHFLFISFSLFLIV
(END) Dow Jones Newswires
December 12, 2023 09:30 ET (14:30 GMT)
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