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Brave Bison Group (BBSN): Offer for the company

This situation live

BBSN Brave Bison Group

£87m · 73.0p · −9% since the first step
Takeover target
Offer for the company
offer
Bidderprivate equity

As of 25 Sep 2026 ↗

Every step · 3
  1. 21 Apr 2026 approach – The Board of System1 is committed to acting in the interests of all its shareholders and we welcome Brave Bison as a significant shareholder in the Company. ↗
  2. 13 Jul 2026 offer – Offer period commenced: 23:59 10-Jul-2026 ↗
  3. 25 Sep 2026 offer – Brave Bison is able to count a total number of 3,534,010 System1 Shares, representing approximately 27.85 per cent. of the existing issued share capital of... ↗

What is happening

Brave Bison Group: Offer for the company – offer. ['offer']

Briefing

Brave Bison Group in 5 minutes

Brave Bison is a London-listed marketing and technology group. Since 2020 it has grown by acquisition from about £4m to £34m of net revenue. It is now trying to buy System1, an AIM-listed marketing research firm of...

  1. Act 1Rebuilding a listed shell, then buying SocialChain
  2. Act 22025: five deals in nine months
  3. Act 3The System1 bid
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Answered from its own announcements and reported figures, every statement linked to its source.

From the company's own announcements. Not investment advice.

Also at Brave Bison Group 2 open
Large acquisition / reverse takeoverContested final offer for System1 – Final offer open; first acceptances, 35.20% countable Activist campaignBrave Bison Group Plc campaign – vote Stake building towards controlMichael Anthony Ashcroft towards control – 25.33% (from 24.22%) · closed Stake building towards controlMichael Anthony Ashcroft towards control – 25.07% (from 24.68%) · closed Capital returnReturn of capital – paid · closed Brave Bison Group – company page →

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