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REVOLUTION BEAUTY GROUP PLC
Remuneration Information • Feb 20, 2024
7881_dirs_2024-02-20_b31f69ef-3f1d-4dba-bf2f-4f0072d7ccdb.html
Remuneration Information
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National Storage Mechanism | Additional information 
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
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
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
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