Last checked at 6 Jun 2022 07:00
06 June 2022
Brave Bison Group plc
("Brave Bison" and the "Company")
Significant Contract Wins
Brave Bison, the social and digital media company, is pleased to announce the signing of two new significant contracts with an aggregate value of £1.7m (the "Contracts"). The Contracts will be delivered in the next six to nine months, and provide further revenue visibility for the current financial year.
The Contracts have been won across both Brave Bison Social & Influencer, the Company's social media advertising practice, and Brave Bison Commerce, the Company's digital commerce practice.
Brave Bison Social & Influencer has entered into a new engagement with a multi-billion-dollar global fintech company to provide influencer marketing services.
Brave Bison Commerce has entered into a new engagement with a leading UK office and stationery supply store to provide ecommerce technology services.
In addition to the Contracts, Brave Bison has now won a total of 16 new customers since the acquisition of Greenlight in September 2021, including Avalara, Feefo, Paperchase, Lloyds Direct, Autoglym, MKM and World Economic Forum.
Brave Bison looks forward to updating shareholders further in a trading update in respect of H1 2022 in mid-July 2022.
Oliver Green, Executive Chairman, commented:
"Brave Bison has a compelling proposition for customers and we are delighted to announce these new contracts. These new customers demonstrate our ability to continue to win market share in this fast-growing market. We are excited to be launching our new trade brand imminently, which we anticipate will build further momentum."
For further information please contact:
Brave Bison Group plc
Oliver Green, Executive Chairman via Cenkos
Theo Green, Chief Growth Officer
Philippa Norridge, Chief Financial Officer
Cenkos Securities plc Tel: +44 (0)20 7397 8900
Nominated Adviser & Broker
Nicholas Wells
Ben Jeynes
About Brave Bison
Brave Bison (AIM: BBSN) is a social and digital media company, headquartered in London with a globally distributed workforce across eight countries.
Brave Bison is unique in that it is both a digital media owner, as well as a digital media agency. The Company owns and operates its own channels, and the communities attached to them, as well as offering customers a suite of advertising services to help reach digital audiences.
Brave Bison has two core lines of business. Firstly, the publishing of content on social media channels to generate advertising revenue. Brave Bison operates over 650 channels including PGA Tour and US Open on YouTube, Cooking Wild and DIY & Crafts on Facebook and Slick and VSatisfying on Snap Discover.
The second line of business involves the execution of social and digital advertising campaigns for global, blue-chip brands such as Panasonic, New Balance, Primark, Vodafone and Samsung.
The Company operates through three divisions: Brave Bison Social & Influencer, a social advertising practice, Brave Bison Commerce, a digital commerce business, and Brave Bison Performance, a paid and organic digital media practice.
This announcement contains inside information.