Brave Bison Group PLC Grant of RSUs to a Director (5365N)
18 January 2019 - 11:09PM
UK Regulatory
TIDMBBSN
RNS Number : 5365N
Brave Bison Group PLC
18 January 2019
18 January 2019
Brave Bison Group plc
("Brave Bison" or the "Company")
Grant of RSUs to a Director
Brave Bison Group plc (AIM: BBSN), the social video company,
announces the grant of restricted stock units ("RSUs") pursuant to
the Company's RSU Plan, adopted in November 2017. The RSUs shall
entitle the participant to receive new ordinary shares of 0.1p in
the Company ("Shares") upon exercise of the RSUs on a one-for-one
basis.
The remuneration committee has approved the grant of 5,761,400
RSUs to Claire Hungate, Chief Executive Officer. The RSUs have an
exercise price of 0.1 pence per Share, shall vest on a monthly
straight-line basis over a three-year period and are subject only
to continued employment.
Following this grant, Claire Hungate now has an interest in
34,456,861 RSUs, representing 5.98 per cent. of the Company's
current issued share capital.
The total pool of RSUs is limited to 12.5 per cent. of the
Company's issued ordinary share capital under the RSU Plan.
Following today's grant, a total of 68,618,650 RSUs have been
issued, representing 11.9 per cent. of the Company's issued share
capital.
For further information please contact:
Brave Bison Group plc
Jack Bates, Communications Manager
Email: jackbates@bravebison.io
Allenby Capital Limited
Jeremy Porter / Asha Chotai
Tel: 020 3328 5656
Newgate Communications
Elisabeth Cowell / Robin Tozer/ Fiona Norman
bravebison@newgatecomms.com
Tel: 020 3757 6880
About Brave Bison:
Brave Bison is a social video company, proudly working with some
of the biggest brands and most followed YouTube and Facebook talent
in the world. Clients include P&G, Shell, PUMA and Hyundai.
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.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Claire Hungate
----------------- ---------------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status CEO
----------------- ---------------------------------------------
b) Initial Initial notification
notification
/Amendment
----------------- ---------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a) Name Brave Bison plc
----------------- ---------------------------------------------
b) LEI 213800BEII7EWIN8X308
----------------- ---------------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------
a) Description Restricted stock units (over ordinary shares
of the of 0.1p)
financial
instrument,
type of GB00BF8HJ774
instrument
Identification
code
----------------- ---------------------------------------------
b) Nature Grant of restricted stock units
of the
transaction
----------------- ---------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) 0.1p exercise price 5,761,400
----------
----------------- ---------------------------------------------
d) Aggregated n/a
information
- Aggregated
volume
- Price
----------------- ---------------------------------------------
e) Date of 17 January 2019
the transaction
----------------- ---------------------------------------------
f) Place of Outside a trading venue
the transaction
----------------- ---------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHGGUMUGUPBGPR
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January 18, 2019 07:09 ET (12:09 GMT)
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