Brave Bison Group PLC Exercise of Options and Issue of Equity (6721N)
September 25 2019 - 8:54AM
UK Regulatory
TIDMBBSN
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: 020 3328 5656
Newgate Communications
Elisabeth Cowell / Robin Tozer / Fiona Norman
bravebison@newgatecomms.com
Tel: 020 3757 6880
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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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