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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Revolution Beauty Group Plc | LSE:REVB | London | Ordinary Share | GB00BP7L1T61 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.275 | -1.24% | 21.95 | 21.45 | 22.45 | 22.45 | 22.00 | 22.00 | 245,396 | 16:35:04 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Misc Retail Stores, Nec | 187.84M | -33.65M | -0.1055 | -2.13 | 70.88M |
TIDMREVB
RNS Number : 7018H
Revolution Beauty Group PLC
28 November 2022
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
For Immediate Release 28 November 2022
REVOLUTION BEAUTY GROUP PLC
("Revolution Beauty", the "Group" or the "Company")
Appointment of CEO
Revolution Beauty Group plc (AIM: REVB), the multi-channel mass beauty innovator, is pleased to announce the appointment of Bob Holt OBE as Chief Executive Officer (CEO). Bob has been providing leadership to the business as interim Chief Operating Officer since 14 October 2022, and will become CEO with immediate effect.
Bob is an accomplished executive with more than 30 years' experience in senior positions and executive roles across a wide range of sectors. Having led as CEO and Executive Chairman a number of UK listed companies, including the turnaround of SureServe Group Plc and significant growth of Mears Group Plc, the Board believe he is the right person to drive the business forward.
The independent investigation being carried out by Forensic Risk Alliance and Macfarlanes remains ongoing, and no conclusions have been drawn. An update will be released to the market in due course.
Bob holds no shares in the Company.
Bob Holt, Incoming CEO of Revolution Beauty said : "Over the past six weeks I have seen first-hand the quality of people working at Revolution Beauty, the overall popularity of the brand and innovation of products for customers around the world. I believe there is a huge opportunity for the business as it moves ahead and I am confident that, together with the team, we will drive the business forward."
Information on Bob required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies:
Robert ("Bob") Holt, aged 68, currently holds directorships and partnerships in the following companies:
Business Strategy LLP
Coal Hole Limited
Global Trees
Leadership Today Limited
The Logical Utilities Company Limited
Totally Plc
In addition, Bob has held the following directorships in the past five years:
Arbed Am Byth Limited
DX (Group) Plc
Ensco 996 Limited
Ensco 997 Limited
Inprova Group Ltd
Mears Group Plc
Seneca Partners Limited
Senone LLP
Sureserve Compliance Services Limited
Sureserve Design & Build Limited
Sureserve Energy Services Limited
Sureserve Group Plc
Sureserve Holdings Limited
Sureserve Vgs Limited
The Mears Foundation
For further information please contact:
Revolution Beauty Group plc Bob Holt / Elizabeth Lake Investor.Relations@revolutionbeautyplc.com J oint Corporate Brokers Zeus (NOMAD): Nick Cowles /Jamie Tel: +44 (0) 161 831 1512 Peel /Jordan Warburton Liberum: Clayton Bush / Edward Tel: +44 (0) 203 100 2222 Thomas / Miquela Bezuidenhoudt
Media enquiries:
Headland Consultancy Tel: +44 (0)7872 350428 Rosh Field / Will Smith / Marta Parry-Jones Tel: +44 (0)7884 742400 Revolutionbeauty@headlandconsultancy.com
- Ends -
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END
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(END) Dow Jones Newswires
November 28, 2022 02:00 ET (07:00 GMT)
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