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Investor News: Grant of RSUs to a Director


January 2019 • Regulatory News

Brave Bison Group plc (AIM: BBSN), the social video company, announces the grant of restricted stock units (“RSUs”) pursuant to the Companys 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.

Click here to see: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

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