Completion of Acquisition of The Fifth Group
Completion of acquisition of The Fifth Group from News UK & Ireland Limited.
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Brave Bison, the digital media, marketing and technology company is pleased to announce the completion of the Group's acquisition of the entire issued share capital of The Fifth Limited, which comprises the trade and assets of The Fifth Group ("The Fifth") from News UK & Ireland Limited (the "Acquisition"). The terms of the Acquisition were announced by the Company on 10 April 2025.
Following admission of the consideration shares issued in connection with the Acquisition at 8.00 a.m. today, the Company confirms that it has been notified that News Corporation is now interested in 40,000,000 ordinary shares in the Company, representing 3.0% of the Company's issued ordinary share capital.
Further information concerning the notification of major holdings is provided below.
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : | BRAVE BISON GROUP PLC |
- Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
- Reason for the notification (please mark the appropriate box or boxes with an "X")
| An acquisition or disposal of voting rights | x |
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) iii :
Details of person subject to the notification obligation iv
| Name | News Corporation |
| City and country of registered office (if applicable) | Delaware, United States of America |
Full name of shareholder(s) (if different from 3.) v
| Name | News Corp UK & Ireland Limited |
| City and country of registered office (if applicable) | London, United Kingdom |
| 5. Date on which the threshold was crossed or reached vi : | 09/05/2025 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 09/05/2025 |
- Total positions of person(s) subject to the notification obligation
| % of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuer vii |
|---|---|---|---|
| Resulting situation on the date on which threshold was crossed or reached | 3% | 3% | 1,333,585,397 |
| Position of previous notification (if applicable) | |||
| A: Voting rights attached to shares | |||
| Class/type of shares ISIN code (if possible) | Number of voting rights ix | % of voting rights | |
| Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) |
| GB00BF8HJ774 | 40,000,000 | 3.0 | |
| SUBTOTAL 8. A | 40,000,000 | 3.0 | |
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
| Type of financial instrument | Expiration date x | Exercise/ Conversion Period xi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |
|---|---|---|---|---|---|
| N/A | |||||
| SUBTOTAL 8. B 1 | |||||
| Type of financial instrument | Expiration date x | Exercise/ Conversion Period xi | Physical or cash settlement xii | Number of voting rights | % of voting rights |
| N/A | |||||
| SUBTOTAL 8.B.2 | |||||
| Name xv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | ||
| News Corporation | 3% | 3% | |||
| NC UK Holdings Inc | 3% | 3% | |||
| NewsCorp Investments UK& Ireland | 3% | 3% | |||
| News Corp Holdings UK & Ireland | 3% | 3% | |||
| News Corp UK & Ireland Limited | 3% | 3% | |||
| 10. In case of proxy voting, please identify: | |||||
| Name of the proxy holder | N/A | ||||
| The number and % of voting rights held | N/A | ||||
| The date until which the voting rights will be held | N/A | ||||
| 11. Additional information xvi | |||||
| Place of completion | Delaware, United States of America | ||||
| Date of completion | 9 May 2025 | ||||
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.