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RNS Number : 4289T
Revolution Bars Group
24 November 2021
 

Revolution Bars Group Plc

("Revolution" or the "Company") 

Grant of Options

 

Revolution Bars Group plc announces that on 23 November 2021, 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 3,219,066 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 23 November 2024 and the preliminary announcement of the results for the 52 weeks ended 30 June 2024, subject to continued service and 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). The PSP Options granted to Chief Executive Officer and Chief Financial Officer are subject to a two-year post vesting holding period (net of sales for tax).

 

Name

Position

Number of Ordinary Shares under PSP Option

Rob Pitcher

Chief Executive Officer

1,519,149

Danielle Davies

Chief Financial Officer

   781,277

Andy Dyson

Business Development Director

183,728

Mark Walter

Brand Operations Director - Revolution

183,728

Beth Anderson

People Director

183,728

Alex Young

Sales and Marketing Director

183,728

Fiona Hall

Commercial Director

183,728

 

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.

 

The total number of shares under option following this grant represents 3.14 % of the existing issued share capital of the Company. 

 

 

Enquiries:

Revolution Bars Group plc

Tel: 0161 330 3876

Rob Pitcher, CEO

Danielle Davies, CFO

 

 

finnCap, NOMAD and Joint Broker

 

Tel: 020 7220 0500

Matt Goode / Simon Hicks / Teddy Whiley (Corporate Finance)

Tim Redfern / Richard Chambers (ECM)

 

 

Peel Hunt LLP, Joint Broker

 

Tel: 020 7418 8900

Instinctif (Financial PR)

Tel: 07831 379122

Matt Smallwood

 

 


 

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 Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

1,519,149

d)

Aggregated information:

·Aggregated volume

·Price

See 4 (c) above

e)

Date of the transaction

23 November 2021

 

f)

Place of the transaction

Outside of a trading venue 

 




 

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  Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

781,277

d)

Aggregated information:

·Aggregated volume

·Price

See 4 (c) above

e)

Date of the transaction

23 November 2021

 

f)

Place of the transaction

Outside of a trading venue 

 

 

 

 

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

Andrew 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  Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

183,728

d)

Aggregated information:

·Aggregated volume

·Price

See 4 (c) above

e)

Date of the transaction

23 November 2021

 

f)

Place of the transaction

Outside of a trading venue 

 

 

 

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  Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

183,728

d)

Aggregated information:

·Aggregated volume

·Price

See 4 (c) above

e)

Date of the transaction

23 November 2021

 

f)

Place of the transaction

Outside of a trading venue 

 

 

 

 

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  Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

183,728

 

d)

Aggregated information:

·Aggregated volume

·Price

See 4 (c) above

e)

Date of the transaction

23 November 2021

 

f)

Place of the transaction

Outside of a trading venue 

 

 

 

 

 

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

Alexandra 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  Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

183,728

d)

Aggregated information:

·Aggregated volume

·Price

See 4 (c) above

e)

Date of the transaction

23 November 2021

 

f)

Place of the transaction

Outside of a trading venue 

 

 

 

 

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

Commercial 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

183,728

d)

Aggregated information:

·Aggregated volume

·Price

See 4 (c) above

e)

Date of the transaction

23 November 2021

 

f)

Place of the transaction

Outside of a trading venue 

 

 

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