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: +44 (0)20 7397 8900
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) |
| ||||
| 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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