Business
Mark Ritson Option Exercise
Brave Bison Group PLC announced that Mark Ritson, through Moonlight Graham Pty Limited, has exercised an option to acquire 4,081,632 new Ordinary Shares for £2 million at 49 pence per share, increasing his beneficial interest to 7.0% of the enlarged share capital. This investment will strengthen the Group's balance sheet and net cash position. The MiniMBA division, acquired by Brave Bison in 2025, has shown strong performance with 18% organic revenue growth in 2026. The new shares are locked in until July 15, 2027, and are expected to be admitted to trading on AIM on June 18, 2026, bringing the total issued Ordinary Shares to 116,319,751. Disclaimer*
About this update from Brave Bison Group Plc
15 June 2026 Brave Bison Group plc ("Brave Bison" or the "Company", together with its subsidiaries "the Group") Mark Ritson Option Exercise Mark Ritson invests a further £2 million in Brave Bison, increasing stake to 7% Proceeds to strengthen Group balance sheet and net cash position Brave Bison, the next-generation marketing and technology partner for global brands, announces that Moonlight Graham Pty Limited , a company beneficially owned by Professor Mark Ritson, has exercised in full its existing option (the "Option") to acquire 4,081,632 new Ordinary Shares in the Company ("Ordinary Shares") for a total consideration of £2 million (the "Option Exercise"). The exercise price for the Option Exercise is 49 pence per Ordinary Share. Professor Mark Ritson is Founder of MiniMBA, the category-leading training and eLearning business for marketing professionals acquired by Brave Bison in 2025. The terms of Option, which was put in place to enable meaningful ongoing management equity participation, were announced by the Company on 25 June 2025. MiniMBA has performed strongly since acquisition by Brave Bison, with the division reporting 18% organic revenue growth from the first cohort of learners in 2026, and recently announced two of its largest-ever contract wins. Following the Option Exercise, no further Ordinary Shares are capable of exercise under the Option and the new Ordinary Shares issued are locked in until 15 July 2027. Application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on 18 June 2026 and the new Ordinary Shares will, on issue, rank pari passu in all respects with the Company's existing Ordinary Shares. On Admission, Mark Ritson will be beneficially interested in 8,163,264 Ordinary Shares, representing 7.0% of the Company's enlarged issued share capital. Mark Ritson, Founder of MiniMBA, commented: "I'm delighted to be increasing my investment in Brave Bison. Having seen the business up close since the acquisition last year, I'm more convinced than ever that it's built on the right things - discipline, genuine commercial substance, and people who know what they're doing. I'm fully committed to the future here, and I'm backing that belief with my own money." &nbs...
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