Revolution Beauty Share Discussion Threads

[kirk 6] 28/6/2023 07:59

Pile in time

[hamhamham1] 28/6/2023 07:54

Well time will tell if there's more buyers than sellers, let's see how it performs today, in a month and in a years time ;)

Happy holder.

[roberth176] 28/6/2023 07:52

Alot of trapped money waiting to dump remember

[hamhamham1] 28/6/2023 07:50

Look how much WarPaint has risen since this has been traded...



See the last 1yr chart.

[hamhamham1] 28/6/2023 07:40

REVOLUTION BEAUTY GROUP PLC

("Revolution Beauty", the "Group" or the "Company")

Shares to be restored to trading on AIM today

Confirmation of grant of share options

Update on hostile shareholder action

Revolution Beauty Group plc (AIM: REVB), the multi-channel mass beauty innovator:

· announces that its shares are due to be restored to trading on AIM at 7.30 a.m. today;

· provides an update on the position with boohoo Group plc ("boohoo") following the Company's annual general meeting ("AGM") which was held yesterday, as previously announced; and

· confirms the grant of share options disclosed in the Company's annual report and accounts for the financial year to 28 February 2022, which were published on 26 May 2023 (the "FY22 Accounts").

The board of Revolution Beauty ("Board") remains focussed on value creation at this critical time for the Company, and continues to believe that boohoo's hostile actions are value-destructive, opportunistic and self-serving, as well as not being in the interests of the Company's shareholders as a whole.

[hamhamham1] 28/6/2023 07:39

Enjoy the ride

[pngasef] 28/6/2023 07:26

Will Minto and Boohoo scramble to buy shares at the open? Could be an amazing day with shorts closing. Let the fireworks commence. Price at close anyone? I'll go for 45p.

[kirk 6] 28/6/2023 07:22

Get your rockets out today

[babbler] 27/6/2023 22:02

Hilarious really.

[pngasef] 27/6/2023 19:45

Such drama!!!

[senor_sensible] 27/6/2023 19:03

I have no position here and don't intend to open one, I suspect shorters will have a field day. I'm avoiding like the plague!!!!!, good look to the roulette players having a punt :-)

[millennialinvestor] 26/6/2023 09:22

go revvy b go up to 100p and then boo boo take over will send share price higher as mahmud WANTS IT and he will GET IT

[factsandfigures] 25/6/2023 10:05

Boohoo PLC would need to pay a substantial premium to win overall control of Revolution Beauty and the problem is, Boohoo PLC is only surviving thanks to the goodwill of its Lenders and it's Revolving Credit Facility (RCF).

If REVB management digs deep into Boohoo's Financial Accounts, it will find it already has the perfect robust defence to see off Kamani !!

Boohoo's cash reserves are all gone. (Mostly handed over to Boohoo Chairman, Mahmud Kamani's eldest son, Umar Kamani)

[factsandfigures] 25/6/2023 10:01

Boohoo PLC would need to pay a substantial premium to win overall control of Revolution Beauty and the problem is, Boohoo PLC is only surviving thanks to the goodwill of its Lenders and it's Revolving Credit Facility (RCF).

If REVB management digs deep into Boohoo's Financial Accounts, it will find it already has the perfect robust defence to see off Kamani !!

Boohoo's cash reserves are all gone. (Mostly handed over to Boohoo Chairman, Mahmud Kamani's eldest son, Umar Kamani)

[pngasef] 23/6/2023 14:45

Totally!! Also, given the sales increase this will open at 80p on relisting. Don't be short here gents!!

[millennialinvestor] 23/6/2023 12:53

Screaming buy then ready for boohoo takeover.

[ukneonboy] 23/6/2023 10:27

According to the FCA's Daily Short Positions report there are currently no declared short positions in REVOLUTION BEAUTY GROUP PLC

[kirk 6] 23/6/2023 09:48

Shorts going to be utter obliterated here

[goforgold1] 23/6/2023 07:45

RB will be bought out by BOO watch and learn only need another 5% for a hostile bid

[factsandfigures] 23/6/2023 07:44

BOOHOO SLAPPED DOWN AGAIN BY REVOLUTION BEAUTY PLC
===================================================

The Response:

"The board of Revolution Beauty believes that Boohoo's hostile Requisition is value-destructive, opportunistic and self-serving, as well as not being in the best interests of Revolution Beauty's shareholders as a whole".



Boohoo shareholders can confirm that Chairman, Mahmud Kamani specializes in value destruction !!

[pugugly] 23/6/2023 07:15

RNS today says all you need to know. Current management far more experience in cosmetic business than those proposed.
"The Group notes the announcement released on 22 June 2023 by boohoo, stating boohoo's intention to include Rachel Horsefield (the former CEO of Beauty at THG plc ("THG"), a business with which Revolution Beauty has recently undertaken to cease commercial relationships) in the future independent board appointment process of Revolution Beauty. According to boohoo's announcement, Ms Horsefield "brings with her a wealth of direct relevant experience and expertise in the beauty sector".

The board of Revolution Beauty believes that boohoo's announcement yesterday vindicates its view, as stated in the Company's announcement of 21 June 2023, that Alistair McGeorge and Neil Catto (boohoo's two current board candidates for Revolution Beauty) do not have the relevant experience in running a business in the beauty sector, nor in supplying a store estate and beauty product range which is focussed on the high street.

The board of Revolution Beauty continues to be of the view that it is much better placed than the proposed boohoo candidates to deliver shareholder value. Together with a broad executive leadership team with significant beauty and e-commerce expertise, the Company reminds shareholders that, in Jeremy Schwartz, they already have a director with a wealth of experience in the beauty sector. Jeremy spent 12 years at L'Oréal, including as managing director in the UK responsible for all consumer, luxury, salon and active cosmetics divisions, and five years as chairman and CEO of The Body Shop, which has some 3,000 stores in 70 countries. Therefore, Ms Horsefield's proposed addition to the board is not required."

[kirk 6] 22/6/2023 21:08

This is going to surge on open probably over 50p

[factsandfigures] 22/6/2023 17:17

Mahmud Kamani is just miffed because he got caught using Boohoo shareholder funds (without a valid mandate from Boohoo shareholders) to purchase Rev B shares and has lost heavily.