Results of AGM

Revolution Beauty Group PLC

29 September 2023

 

For immediate release

29 September 2023

REVOLUTION BEAUTY GROUP PLC

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

Results of AGM

Revolution Beauty Group plc (AIM: REVB), the multi-channel mass beauty innovator, announces that all resolutions proposed to shareholders were passed by the requisite majority at the Company's Annual General Meeting ("AGM") held yesterday at the offices of Macfarlanes LLP.

All 15 resolutions put to members were passed on a poll. Resolutions 1 to 12 were passed as ordinary resolutions and resolutions 13 to 15 were passed as special resolutions.

The number of votes cast for and against each of the resolutions proposed, and the number of votes withheld were as follows:

	Votes 'for'	% of votes cast	Votes 'against'	% of votes cast	Votes withheld	Total votes cast	% of voting capital
Resolution 1 (Receive annual report and accounts)	163,163,513	99.29	1,172,500	0.72	-	164,336,013	51.64
Resolution 2 (Elect Lauren Brindley)	164,336,013	100.0	-	0.00	-	164,336,013	51.64
Resolution 3 (Elect Neil Catto)	158,084,946	96.49	5,747,823	3.52	503,244	164,336,013	51.48
Resolution 4 (Elect Chris Fry)	164,254,463	99.95	81,550	0.05	-	164,336,013	51.64
Resolution 5 (Elect Peter Hallett)	163,078,719	99.24	1,254,050	0.77	3,244	164,336,013	51.63
Resolution 6 (Elect Colin Henry)	164,251,219	99.95	81,550	0.05	3,244	164,336,013	51.63
Resolution 7 (Elect Rachel Horsefield)	164,254,863	99.95	81,150	0.05	-	164,336,013	51.64
Resolution 8 (Elect Elizabeth Lake)	114,931,495	70.14	48,920,143	29.99	484,375	164,336,013	51.48
Resolution 9 (Elect Alistair McGeorge)	163,024,463	99.20	1,311,550	0.80	-	164,336,013	51.64
Resolution 10 (Re-appoint auditors)	163,692,891	99.91	143,122	0.09	500,000	164,336,013	51.48
Resolution 11 (Fix remuneration of auditors)	164,331,990	100.00	3,244	0.01	779	164,336,013	51.63
Resolution 12 (Authority to allot shares)	164,208,164	99.92	127,849	0.08	-	164,336,013	51.64
Resolution 13 (Authority to disapply pre-emption rights)*	164,275,164	99.96	60,849	0.04	-	164,336,013	51.64
Resolution 14 (Authority to disapply pre-emption rights (additional))*	164,275,164	99.96	60,849	0.04	-	164,336,013	51.64
Resolution 15 (Adopt new articles of association)*	164,208,164	99.92	127,400	0.08	449	164,336,013	51.64

*Special resolution

The Board notes the significant votes received against resolution 8. Whilst the Directors are disappointed that shareholders have chosen to vote in this way, the Chairman will be happy to engage with the key shareholders on these issues going forward.

Notes:

1.    Number of Company shares in issue 318,263,565.

2.    The full text of each resolution is available in the Notice of Annual General Meeting, published on our website

3.    A vote 'withheld' is not a vote in law and is not counted in the calculation of the proportion of votes 'for' or 'against' a resolution.

3.    Revolution Beauty Group LEI: 21380083TTJWXK677H17.

For further information please contact:

Investor Relations Elizabeth Lake	[e-mail]
Joint Corporate Brokers Zeus (NOMAD): Nick Cowles /Jamie Peel /Jordan Warburton Liberum: Clayton Bush / Edward Thomas / Miquela Bezuidenhoudt	Tel: [phone] Tel: [phone]
Media enquiries Headland Consultancy Matt Denham / Will Smith / Antonia Pollock	Tel: [phone] [e-mail]

The person responsible for arranging the release of this announcement on behalf of the Company is Elizabeth Lake, the Chief Financial Officer of the Company.

 

END