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REVB Revolution Beauty Group Plc

26.00
-0.075 (-0.29%)
24 May 2024 - Closed
Delayed by 15 minutes
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
  -0.075 -0.29% 26.00 25.85 26.00 26.05 25.85 26.00 367,029 16:35:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Retail Stores, Nec 187.84M -33.65M -0.1079 -2.40 80.59M

Revolution Beauty Group PLC Grant of Share Options

20/02/2024 7:00am

RNS Regulatory News


RNS Number : 6834D
Revolution Beauty Group PLC
20 February 2024
 

20 February 2024

 

Revolution Beauty Group plc

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

 

Grant of Share Options

 

Revolution Beauty Group plc (AIM: REVB), announces that on 19 February 2024, the Group granted Neil Catto, Chief Financial Officer, options over 3,000,000 ordinary shares of £0.01 each in the Company (the "Options", "Ordinary Shares") under the terms of the Company's Long Term Incentive Plan ("LTIP").

 

The Options have an exercise price of £0.27 per Ordinary Share and are not subject to performance conditions other than continued employment by the Group. 750,000 of the Ordinary Shares under option vest immediately, with further tranches of 750,000 Ordinary Shares vesting annually thereafter. Once vested, each tranche of Ordinary Shares has a 12-month holding period before those Ordinary Shares can be disposed of.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

Neil Catto

 

2

 

Reason for the notification

a)

 

Position/status

Chief Financial Officer

 

 

b)

 

Initial notification /Amendment

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

Revolution Beauty Group plc

b)

 

LEI

 

 21380083TTJWXK677H17

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary Shares of £0.01 each in the capital of the Company

 

ISIN: GB00BP7L1T61

b)

 

Nature of the transaction

Grant of options under the Revolution Beauty Long Term Incentive Plan

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)


Exercise price £0.27

3,000,000

 

d)

Aggregated information

 

Aggregated volume Price

 

Single transaction as in 4 c) above

 

e)

 

Date of the transaction

19 February 2024

 

f)

 

Place of the transaction  

 

Outside a trading venue

 

 

For further information please contact:

 

Investor Relations

Lauren Brindley, CEO

Neil Catto, CFO

Investor.Relations@revolutionbeautyplc.com

 

Joint Corporate Brokers

Liberum (NOMAD): Edward Thomas / Dru Danford / John More

Tel: +44 (0) 203 100 2222

 

Zeus: Nick Cowles /Jamie Peel / Ben Robertson

Tel: +44 (0) 161 831 1512

 

Media enquiries

Headland Consultancy: Matt Denham / Will Smith / Antonia Pollock

Tel: +44 (0)20 3805 4822

Revolutionbeauty@headlandconsultancy.com

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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