Issue of Equity

RNS Number : 3232R

Brave Bison Group PLC

20 September 2017

 

20 September 2017

Brave Bison Group plc ("Brave Bison" or "the Company")

Issue of equity

Brave Bison, the independent digital media and social video business, notifies the issue of 2,131,104 new ordinary shares of 0.1 pence each in the Company ("Shares") following receipt of a notice of conversion in relation to the £383,598.72 Unsecured 5% Convertible Loan Notes, originally subscribed in August 2015 and convertible at 18 pence per share.

Application is being made for the admission to trading on AIM ("Admission") of the 2,131,104 new Shares, which will rank pari passu in all respects with the Company's existing Shares. Admission of the new Shares is expected to become effective on 21 September 2017.

Following Admission, the total number of Shares in the Company with voting rights will be 573,909,228. The Company does not hold any Ordinary Shares in Treasury. The above figure of 573,909,228 Ordinary Shares 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

ENDS

For further information, contact:

Brave Bison Group plc Claire Hungate, Chief Executive Officer	via FTI Consulting
Stockdale Securities Richard Johnson / Andy Crossley	Tel: [phone]
FTI Consulting (PR adviser to Brave Bison) Rob Mindell / Charles Palmer	Tel: [phone]

About Brave Bison

Brave Bison is an independent digital media and social video broadcaster, proudly working with some of the biggest brands and most followed YouTube and Facebook talent in the world. Clients include P&G, Shell, PGA Tour, Paramount and Google.

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.

 

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