Brave Bison Group PLC AGM Statement (9537Z)
May 27 2021 - 1:00AM
UK Regulatory
TIDMBBSN
RNS Number : 9537Z
Brave Bison Group PLC
27 May 2021
27 May 2021
Brave Bison Group plc
("Brave Bison", the "Company" and together with its subsidiaries
the "Group")
AGM Statement
Brave Bison, the social media and marketing group, announces
that at the Annual General Meeting of the Company to be held today,
Oliver Green, Executive Chairman of the Company, will make the
following statement:
"Brave Bison has made a strong start to the current financial
year and has now been trading profitably on an adjusted basis for
the last eight months. Adjusted EBITDA in the first four months
FY2021 was over GBP0.25m, despite this traditionally being the
weakest period of the year. The Group continues to see a strong
pipeline of clients beginning to release additional budget. As a
result, the Board is optimistic as to the Group's prospects and is
confident that Brave Bison is positioned to meet or exceed current
full year market expectations."
* Adjusted EBITDA is a non-IFRS measure that the Group uses to
measure its performance and is defined as earnings before interest,
taxation, depreciation and amortisation and after add back of costs
related to restructuring, acquisitions and share based
payments.
Enquiries:
Brave Bison Group plc
Oliver Green, Executive Chairman via Cenkos
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.
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END
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