Grant of Share Options

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

[e-mail]

Joint Corporate Brokers

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

Tel: [phone]

Zeus: Nick Cowles /Jamie Peel / Ben Robertson

Tel: [phone]

Media enquiries

Headland Consultancy: Matt Denham / Will Smith / Antonia Pollock

Tel: [phone]

[e-mail]

 

END