REG - Revolution Bars - Form 8 (OPD) Revolution Bars Group plc

Revolution BarsAnnouncement

27/03/2024 18:30

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RNS Number : 5931I  Revolution Bars Group  27 March 2024

FORM 8 (OPD)

 

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

 (a) Full name of discloser:                                                     Revolution Bars Group plc
 (b) Owner or controller of interests and short positions disclosed, if          N/A
 different from 1(a):

      The naming of nominee or vehicle companies is insufficient.  For a
 trust, the trustee(s), settlor and beneficiaries must be named.
 (c) Name of offeror/offeree in relation to whose relevant securities this form  Revolution Bars Group plc
 relates:

      Use a separate form for each offeror/offeree
 (d) Is the discloser the offeror or the offeree?                                OFFEREE
 (e) Date position held:                                                         27 March 2024

      The latest practicable date prior to the disclosure
 (f)  In addition to the company in 1(c) above, is the discloser making          NO
 disclosures in respect of any other party to the offer?

      If it is a cash offer or possible cash offer, state "N/A"

 

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one
class of relevant securities of the offeror or offeree named in 1(c), copy
table 2(a) or (b) (as appropriate) for each additional class of relevant
security.

 

(a)        Interests and short positions in the relevant securities of
the offeror or offeree to which the disclosure relates

 

 Class of relevant security:                                          Ordinary 0.1p

                                                                      Interests      Short positions

                                                                      Number  %      Number    %
 (1) Relevant securities owned and/or controlled:                     Nil     Nil    Nil       Nil

 (2) Cash-settled derivatives:                                        Nil     Nil    Nil       Nil

 (3) Stock-settled derivatives (including options) and agreements to  Nil     Nil    Nil       Nil
 purchase/sell:
                                                                      Nil     Nil    Nil       Nil

      TOTAL:

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded
options), or agreements to purchase or sell relevant securities, should be
given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial
collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

(b)        Rights to subscribe for new securities

 

 Class of relevant security in relation to which subscription right exists:   None
 Details, including nature of the rights concerned and relevant percentages:  N/A

 

 

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO
THE OFFER MAKING THE DISCLOSURE

 

 Details of any interests, short positions and rights to subscribe (including
 directors' and other employee options) of any person acting in concert with
 the party to the offer making the disclosure:

 a)   Interests in Revolution Bars Group plc's ordinary shares of 0.1p each
 held by the directors of Revolution Bars Group plc:

Director         Number of Ordinary Shares  % of issued share capital
 Rob Pitcher      1,500,000                  0.65%
 Danielle Davies   305,993                   0.13%
 Keith Edelman     370,000                   0.16%
 William Tuffy     100,000                   0.04%
 Jemima Bird       7,500                     0.00%

 

 b)   Rights to subscribe for Interests in Revolution Bars Group plc's
 ordinary shares of 0.1p each held by the directors of Revolution Bars Group
 plc:

Director         Type  Number of Options  Exercise price  Date of grant  Vesting date from  Expiry date
 Rob Pitcher      PSP   475,759            0.1             24.12.20       24.12.23           24.12.30
 Rob Pitcher      PSP   1,519,149          0.1             23.11.21       23.11.24           23.11.31
 Rob Pitcher      PSP   1,798,621          0.1             25.10.22       25.10.25           25.10.32
 Danielle Davies  PSP   244,676            0.1             24.12.20       24.12.23           24.12.30
 Danielle Davies  PSP   781,277            0.1             23.11.21       23.11.24           23.11.31

 Danielle Davies  PSP   925,005            0.1             25.10.22       25.10.25           25.10.32

 

 

b)   Rights to subscribe for Interests in Revolution Bars Group plc's
ordinary shares of 0.1p each held by the directors of Revolution Bars Group
plc:

 

 Director         Type  Number of Options  Exercise price  Date of grant  Vesting date from  Expiry date
 Rob Pitcher      PSP   475,759            0.1             24.12.20       24.12.23           24.12.30
 Rob Pitcher      PSP   1,519,149          0.1             23.11.21       23.11.24           23.11.31
 Rob Pitcher      PSP   1,798,621          0.1             25.10.22       25.10.25           25.10.32
 Danielle Davies  PSP   244,676            0.1             24.12.20       24.12.23           24.12.30
 Danielle Davies  PSP   781,277            0.1             23.11.21       23.11.24           23.11.31

 Danielle Davies  PSP   925,005            0.1             25.10.22       25.10.25           25.10.32

 

 

 

Details of any open stock-settled derivative positions (including traded
options), or agreements to purchase or sell relevant securities, should be
given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial
collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

4.         OTHER INFORMATION

 

(a)        Indemnity and other dealing arrangements

 

 Details of any indemnity or option arrangement, or any agreement or
 understanding, formal or informal, relating to relevant securities which may
 be an inducement to deal or refrain from dealing entered into by the party to
 the offer making the disclosure or any person acting in concert with it:

 Irrevocable commitments and letters of intent should not be included. If there
 are no such agreements, arrangements or understandings, state "none"
 None

 

(b)        Agreements, arrangements or understandings relating to
options or derivatives

 

 Details of any agreement, arrangement or understanding, formal or informal,
 between the party to the offer making the disclosure, or any person acting in
 concert with it, and any other person relating to:

 (i)  the voting rights of any relevant securities under any option; or

 (ii) the voting rights or future acquisition or disposal of any relevant
 securities to which any derivative is referenced:

 If there are no such agreements, arrangements or understandings, state "none"

 None

 

(c)        Attachments

 

Are any Supplemental Forms attached?

 

 Supplemental Form 8 (Open Positions)  NO
 Supplemental Form 8 (SBL)             NO

 

 

 Date of disclosure:  27 March 2024
 Contact name:        Claire Yarlett
 Telephone number:    07958 565242

 

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