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Brave Bison Grp PLC (BBSN)

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Thursday 27 May, 2021

Brave Bison Grp PLC

AGM Statement

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 £0.25m, 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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