Exercise of Options and Issue of Equity
24th April 2019
The Company has issued, and will make an application to the London Stock Exchange for the admission to trading on AIM of, 838,936 new ordinary shares of 0.1 pence each in the Company ("New Ordinary Shares"). The New Ordinary Shares have been issued pursuant to the exercise of i) restricted stock units ("RSUs") by an employee under the Company's RSU Plan and ii) options granted in connection with the acquisition of Base79 Ltd in 2014.
The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares and admission to trading on AIM of the New Ordinary Shares is expected to become effective on 29 April 2019 ("Admission").
Total Voting Rights
Following Admission, the issued share capital of the Company will consist of 606,344,223 Ordinary Shares, with one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 606,344,223. The above figure 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 FCA's Disclosure Guidance and Transparency Rules.
For further information, contact:
Brave Bison Group
Kate Burns Chief Executive Officer
Tel: 020 7183 4545
Allenby Capital Limited
Virginia Bull / Jeremy Porter
Tel: 020 3328 5656
Elisabeth Cowell / Fiona Norman
Tel: 020 3757 6880
About Brave Bison
Brave Bison is a social video studio, 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.