Brave Bison Group PLC CEO Appointment and AGM Statement (7413I)
21 June 2017 - 8:00PM
UK Regulatory
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RNS Number : 7413I
Brave Bison Group PLC
21 June 2017
21 June 2017
Brave Bison Group plc ("Brave Bison" or "the Company")
CEO Appointment and AGM Statement
Brave Bison, the independent digital media and social video
business, is pleased to announce that Claire Hungate will be
joining the Company as Chief Executive Officer.
Claire brings a wealth of experience in the media and
entertainment industry, and is a proven business leader in the
sector. Claire joins from Warner Bros. Television Production UK,
where she is Managing Director. She was previously COO of
AIM-quoted Shed Media PLC, seeing the company through its
acquisition by Warner Bros in 2010, and before then was Managing
Director of Wall to Wall Ltd, which was acquired by Shed Media PLC
in 2007. Claire's prior roles in the industry include running the
commercial operations of the Institute of Contemporary Arts, and as
head of business affairs for production company and talent agency
Princess Productions. Claire is a non-executive director of
reach4entertainment enterprises plc, the AIM media and
entertainment company.
Robin Miller, Chairman of Brave Bison, said: "I am delighted
that Claire has chosen to join Brave Bison and further the Group's
efforts to create value as the owner and operator of captive video
content. Claire has an excellent track record in working in the UK
creative industry, alongside her digital strategy experience of
forming and developing relationships with companies such as
Facebook and Google. This gives the Board confidence that she can
deliver strong and profitable growth. At this stage, I would also
like to thank Kevin Deeley, Chief Operating and Finance Officer,
who has taken on the interim responsibilities of Chief Executive
Officer since January 2017. As a result of Kevin's efforts, the
Company has progressed towards our goal of being a high-margin and
profitable business while making strategic investments to support
long-term growth, including the recently launched Yellowstone
Studios and Rebel FC."
Claire Hungate said: "At a dynamic time for the global content
market, Brave Bison is on an exciting journey to becoming a
formidable force in modern media. The focus on social video,
quality content and powerful distribution places the business
within one of the fastest growing segments of the industry. Content
is still king and distribution has become queen; the creation and
distribution of owned intellectual property provides a high-value
route to further content monetisation opportunities. I thoroughly
look forward to joining."
Claire Hungate commences her executive role and joins the Board
of Directors in September 2017.
AGM Statement
On 18 May 2017, following an approach from Zinc Media Group plc,
Brave Bison announced that preliminary discussions had taken place
in respect of a possible combination of the two companies. After an
assessment of the benefits that might be achieved from the
combination, it was concluded that it would not be in the best
interests of either Company. Brave Bison continues on its strategy
to grow as an independent business moving from a third-party
technology provider to a social video broadcaster, developing new
intellectual property and reducing reliance on low margin legacy
business.
Current trading is in line with management and market
expectations.
The Group intends to publish its 2017 Interim Results in the
week commencing 31 July 2017.
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
ENDS
For further information, contact:
Brave Bison Group plc
Sir Robin Miller (Chairman) via FTI Consulting
Kevin Deeley (Chief Operating
and Finance Officer)
Stockdale Securities (Broker
and Nomad to Brave Bison) Tel: 020 7601
Richard Johnson / Andy Crossley 6100
FTI Consulting (PR adviser
to Brave Bison) Tel: 020 3727
Rob Mindell / Charles Palmer 1000
Regulatory disclosures (in accordance with Rule 17 and Schedule
Two paragraph (g) of the AIM Rules for Companies)
Claire Elizabeth Hungate, aged 47, is, or has been during the
last five years, a director or partner of the following companies
and/or partnerships:
Current directorships/partnerships Past directorships/partnerships
* reach4entertainment enterprises plc * Talpa Media UK Ltd
* Warner Bros. Television Production UK Ltd * Supernanny Web Ltd
* Renegade Pictures (UK) Ltd
* WBTVPUK WGA Writers Ltd
* Ricochet Ltd
* Wall to Wall South Ltd
* Watershed Television Ltd
* Ricochet Productions Ltd
* Wall to Wall Television Ltd
* Wall to Wall Drama Ltd
* Wall to Wall Media Ltd
* Shed Productions (Jailbirds) Ltd
* Twenty Twenty Kids Ltd
* WBTVPUK Pictures (WR) Ltd
* Shed Media Scotland Ltd
* Twenty Twenty Productions Ltd
* WBTVPUK Pictures Ltd
* Twenty Twenty Brighton Ltd
* New Tricks TV Productions Ltd
* Wall to Wall (Holdings) Ltd
* Renegade South Ltd
* Genealogy Events Ltd
* Outright Distribution Ltd
* Shed Media Ltd
* Warner Bros. TV Production Services Ltd
* Yalli Productions Ltd
About Brave Bison Group plc
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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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