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.