Issue of Equity

17th January 2018

Application has been made for the admission to trading on AIM of 404,770 new ordinary shares of 0.1 pence each in the Company (the "New Shares"), pursuant to the exercise of options. The New Shares will rank pari passu in all respects with the Company's existing ordinary shares and admission of the New Shares is expected to become effective on 23 January 2018.

Following the issue of the New Shares the total number of ordinary shares of 0.1 pence each ("Ordinary Shares") in the Company with voting rights will be 574,313,998. The Company does not hold any Ordinary Shares in Treasury. The above figure of 574,313,998 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.

For further information, contact:

Brave Bison Group plc
Claire Hungate, Chief Executive Officer

Stockdale Securities
Richard Johnson / Andy Crossley
Tel: 020 7601 6100