REG - Revolution Beauty Gp - Grant of Share Options

Revolution BeautyAnnouncement

20/02/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240220:nRST6834Da&default-theme=true

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

      Identification code                                          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

                                                                   Single transaction as in 4 c) above

      Aggregated volume Price
 e)   Date of the transaction                                      19 February 2024

 f)   Place of the transaction                                     Outside a trading venue

 

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
(mailto: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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHQKCBDDBKBPBD