TIDMBBSN

RNS Number : 8187N

Brave Bison Group PLC

26 May 2020

26 May 2020

Brave Bison Group plc

("Brave Bison" or the "Company")

Grant of RSUs to a Director

London, 26 May 2020: Social video group Brave Bison (AIM: BBSN) announces that it has today granted 18,165,159 restricted stock units ("RSUs") to Kate Burns, Chief Executive Officer of Brave Bison, representing approximately 2.96 per cent. of the Company's issued ordinary share capital.

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

The RSUs are being granted pursuant to Kate Burns' employment contract and represent 3 per cent. of the Company's issued ordinary share capital as at the date of Kate Burns' appointment as Chief Executive of the Company on 3 April 2019. The RSUs vest over a three-year period commencing on 3 April 2019, as to a third at the end of each anniversary. Kate Burns does not hold any other RSUs or options over Shares, but her employment contract entitles her to be granted further share options in the future of up to 3 per cent. of the Company's share capital.

The total pool of RSUs is limited to 12.5 per cent. of the Company's issued ordinary share capital and following the above grant, a total of 46,206,760 RSUs are currently in issue, representing 7.54 per cent. of the Company's issued share capital.

The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation, is appended below.

For further information please contact:

Brave Bison Group plc

Kate Burns, Chief Executive Officer

Via Rebecca Abigail: +44 775 704 2837

Allenby Capital - AIM Nominated Adviser and Broker

Jeremy Porter / Asha Chotai

Telephone: +44 20 3328 5656

Rebecca Abigail Ltd

Abigail Carrigan, Account Manager

Email: abigail@rebeccaabigailpr.com

Telephone: +44 775 704 2837

About Brave Bison

Brave Bison is a social video group, 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.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name               Kate Burns 
     -----------------  --------------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status    CEO 
     -----------------  --------------------------------------------- 
 b)   Initial            Initial notification 
       notification 
       /Amendment 
     -----------------  --------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name               Brave Bison 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        Restricted stock units (over ordinary shares 
       of the             of 0.1p) 
       financial 
       instrument, 
       type 
       of instrument 
       Identification     GB00BF8HJ774 
       code 
     -----------------  --------------------------------------------- 
 b)   Nature             Grant of restricted stock units 
       of the 
       transaction 
     -----------------  --------------------------------------------- 
 c)   Price(s)            Price(s)               Volume(s) 
       and volume(s)       0.1p exercise price    18,165,159 
                                                 ----------- 
     -----------------  --------------------------------------------- 
 d)   Aggregated           n/a 
       information 
       - Aggregated 
       volume 
       - Price 
     -----------------  --------------------------------------------- 
 e)   Date               26 May 2020 
       of the 
       transaction 
     -----------------  --------------------------------------------- 
 f)   Place              Outside a trading venue 
       of the 
       transaction 
     -----------------  ---------------------------------------------

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END

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May 26, 2020 02:01 ET (06:01 GMT)

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