Grant of Options

RNS Number : 8536J

Revolution Bars Group

24 December 2020

 

Revolution Bars Group Plc

("Revolution" or the "Company")

Grant of Options

Revolution Bars Group plc announces that on 24 December 2020, its Remuneration Committee agreed to grant options under the Revolution Bars Group plc Performance Share Plan (the "Plan") with an exercise price of £0.001 per share over 1,035,115 ordinary shares of £0.001 each in the Company ("Ordinary Shares") (the "PSP Options") to directors and other persons discharging managerial responsibility ("PDMRs") as set out in the table below.

The PSP Options shall vest and become exercisable on the date that is the later of the date which is three years from the date of grant being 24 December 2023 and the preliminary announcement of the results for the 52 weeks ended 1 July 2023, subject to the Group's Remuneration Committee being satisfied that the Group's underlying performance and delivery against its strategy and plans is sufficient to justify the level of vesting having regard to such factors as the Remuneration Committee considers to be appropriate in the round (including, inter alia, revenue, earnings and share price performance) and the shareholder experience more generally (including windfall gains).

Name	Position	Number of Ordinary Shares under PSP Option
Rob Pitcher	Chief Executive Officer	475,759
Danielle Davies	Chief Financial Officer	244,676
Andy Dyson	Business Development Director	56,819
Mark Walter	Brand Operations Director - Revolution	56,819
Clinton Ghent	Brand Operations Director - Revolucion de Cuba	56,819
Beth Anderson	People Director	56,819
Alex Young	Sales and Marketing Director	56,819
Fiona Hall	Head of Food and Commercial	30,585

The PSP Options have been determined in accordance with the rules of the Plan, as approved by shareholders at the Group's Annual General Meeting held on 22 December 2020.

Enquiries:

Revolution Bars Group plc Tel: [phone] Rob Pitcher, CEO Danielle Davies, CFO finnCap, NOMAD and Joint Broker Tel: [phone] Matt Goode / Simon Hicks / Teddy Whiley (Corporate Finance) Tim Redfern / Richard Chambers (ECM) Peel Hunt LLP, Joint Broker Tel: [phone] George Sellar / Andrew Clark Instinctif (Financial PR) Tel: [phone] Matt Smallwood Jack Devoy

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rob Pitcher
2.	Reason for the Notification
a)	Position/status	Chief Executive 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 Bars Group plc
b)	LEI	213800QG159LSTF5IH69
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 £0.001
	Identification code	GB00BVDPPV41
b)	Nature of the transaction	Grant of options over of Ordinary Shares of £0.001
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.001 475,759
d)	Aggregated information: · Aggregated volume · Price	See 4 (c) above
e)	Date of the transaction	24 December 2020
f)	Place of the transaction	Off market transaction

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Danielle Davies
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 Bars Group plc
b)	LEI	213800QG159LSTF5IH69
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 £0.001
	Identification code	GB00BVDPPV41
b)	Nature of the transaction	Grant of options over of Ordinary Shares of £0.001
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.001 244,676
d)	Aggregated information: · Aggregated volume · Price	See 4 (c) above
e)	Date of the transaction	24 December 2020
f)	Place of the transaction	Off market transaction

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andy Dyson
2.	Reason for the Notification
a)	Position/status	Business Development Director
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Revolution Bars Group plc
b)	LEI	213800QG159LSTF5IH69
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 £0.001
	Identification code	GB00BVDPPV41
b)	Nature of the transaction	Grant of options over of Ordinary Shares of £0.001
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.001 56,819
d)	Aggregated information: · Aggregated volume · Price	See 4 (c) above
e)	Date of the transaction	24 December 2020
f)	Place of the transaction	Off market transaction

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Walter
2.	Reason for the Notification
a)	Position/status	Brand Operations Director - Revolution
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Revolution Bars Group plc
b)	LEI	213800QG159LSTF5IH69
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 £0.001
	Identification code	GB00BVDPPV41
b)	Nature of the transaction	Grant of options over of Ordinary Shares of £0.001
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.001 56,819
d)	Aggregated information: · Aggregated volume · Price	See 4 (c) above
e)	Date of the transaction	24 December 2020
f)	Place of the transaction	Off market transaction

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Clinton Ghent
2.	Reason for the Notification
a)	Position/status	Brand Operations Director - Revolucion de Cuba
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Revolution Bars Group plc
b)	LEI	213800QG159LSTF5IH69
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 £0.001
	Identification code	GB00BVDPPV41
b)	Nature of the transaction	Grant of options over of Ordinary Shares of £0.001
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.001 56,819
d)	Aggregated information: · Aggregated volume · Price	See 4 (c) above
e)	Date of the transaction	24 December 2020
f)	Place of the transaction	Off market transaction

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Beth Anderson
2.	Reason for the Notification
a)	Position/status	People Director
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Revolution Bars Group plc
b)	LEI	213800QG159LSTF5IH69
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 £0.001
	Identification code	GB00BVDPPV41
b)	Nature of the transaction	Grant of options over of Ordinary Shares of £0.001
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.001 56,819
d)	Aggregated information: · Aggregated volume · Price	See 4 (c) above
e)	Date of the transaction	24 December 2020
f)	Place of the transaction	Off market transaction

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alex Young
2.	Reason for the Notification
a)	Position/status	Sales and Marketing Director
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Revolution Bars Group plc
b)	LEI	213800QG159LSTF5IH69
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 £0.001
	Identification code	GB00BVDPPV41
b)	Nature of the transaction	Grant of options over of Ordinary Shares of £0.001
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.001 56,819
d)	Aggregated information: · Aggregated volume · Price	See 4 (c) above
e)	Date of the transaction	24 December 2020
f)	Place of the transaction	Off market transaction

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Fiona Hall
2.	Reason for the Notification
a)	Position/status	Head of Food and Commercial
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Revolution Bars Group plc
b)	LEI	213800QG159LSTF5IH69
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 £0.001
	Identification code	GB00BVDPPV41
b)	Nature of the transaction	Grant of options over of Ordinary Shares of £0.001
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.001 30,585
d)	Aggregated information: · Aggregated volume · Price	See 4 (c) above
e)	Date of the transaction	24 December 2020
f)	Place of the transaction	Off market transaction

 

END

 

 

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