Response to allegations by Chrysalis Investments
For immediate release
2 February 2024
Revolution Beauty Group plc
("Revolution Beauty", the "Group", or the "Company")
Response to allegations by Chrysalis Investments Limited
Revolution Beauty (AIM: REVB), the multi-channel mass beauty innovator, notes the comments by Chrysalis Investments Limited ("Chrysalis") on 29 January 2024, stating that it believes it has certain potential claims against the Company in relation to its purchase of Revolution Beauty shares in July 2021 and the sale of those shares in late 2022. The Company confirms that it has received a pre-action letter from Chrysalis. Chrysalis has not commenced formal legal proceedings.
The Company strongly contests the allegations and has been engaging with Chrysalis's advisers accordingly.
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 / Jordan Warburton
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
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.
Latest directors dealings
- 1 day ago NextEnergy Solar Fund Limited Red
- 1 day ago Ashtead Group
- 1 day ago Playtech
- 1 day ago CRH (CDI)
- 1 day ago Foxtons Group