Brave Bison Group PLC AGM Statement (6149C)
June 14 2023 - 2:00AM
UK Regulatory
TIDMBBSN
RNS Number : 6149C
Brave Bison Group PLC
14 June 2023
14 June 2022
Brave Bison Group plc
("Brave Bison" and the "Company")
AGM Statement
Brave Bison, the digital advertising and technology services
company, is pleased to provide the following trading update ahead
of the Company's Annual General Meeting to be held at 10.00 am
today.
Trading Update
Trading in the first five months of the year has continued
in-line with expectations and the Board reaffirms its ongoing
confidence in meeting full-year market forecasts.
The integration of Social Chain, which was acquired in February
2023, is now well advanced. The delivery teams have been
restructured and central functions including HR, IT, finance and
marketing have all been merged with Brave Bison. New engagements
have been won with Asda, Pinterest, Team GB and Warner Bros.
At Brave Bison Performance, our digital advertising practice,
contracts have been renewed and/or expanded with major customers
including Asus and Furniture Village. New business wins during the
first half include a US insurance company under NDA with revenues
of approximately $12bn, GHD, a consumer products company, and
Manual, a male wellness company.
At Brave Bison Commerce, our digital commerce practice,
customers are continuing to invest in their digital platforms.
Existing customer Muller ramped up activity in H1, and new
customers include a Finnish retailer under NDA with revenues of
approximately $1.5bn.
In the Brave Bison Media Network, our portfolio of 650 channels
across YouTube, Snapchat, Facebook, TikTok and Instagram, contracts
have been renewed in respect of partner channels for PGA Tour, DP
World Tour and Alofoke, each for 24 months.
The Board would like to thank shareholders for their support
over the past 12 months and we look forward to updating on further
progress in September 2023 on the publication of the Company's
interim results for the period to 30 June 2023.
For further information please contact:
Brave Bison Group plc
Oliver Green, Chairman via Cenkos
Theo Green, Chief Growth Officer
Philippa Norridge, Chief Financial Officer
Cenkos Securities plc +44 (0)20 7397 8900
Nominated Adviser & Broker
Ben Jeynes
Dan Hodkinson
About Brave Bison
Brave Bison (AIM: BBSN) is a digital advertising and technology
services company, headquartered in London with a globally
distributed workforce in over ten countries. The Company provides
services to global brand advertisers through four business
units.
Brave Bison Performance is a paid and organic media practice. It
plans and buys digital media on platforms like Google, Meta,
TikTok, Amazon and YouTube, as well as providing search engine
optimisation and digital PR services. Customers include New
Balance, Curry's and Asus.
Social Chain by Brave Bison is a social media advertising
practice. It creates content for social media platforms, and works
with influencers to create and distribute content. This creative
approach ensures that content more native to the platform it is on,
leading to higher engagements from its audience. Customers include
KFC, TikTok and General Mills.
Brave Bison Commerce is a digital commerce practice. It creates,
improves and maintains transactional websites and manages the
customer experience in a digital environment. This practice builds
ecommerce systems in a composable way - whereby different functions
of a website are provided by different software from different
vendors. Customers include MKM Building Supplies, Muller and
Furniture Village.
Brave Bison Media Network is a portfolio of channels across
YouTube, Facebook, Snapchat, TikTok and Instagram. These channels
generate over 1 billion monthly views, and the advertising
inventory from each channel is sold through online advertising
exchanges. Popular channels include The Hook, PGA Tour, US Open and
Link Up TV.
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END
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