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You're arguing that Bob who was brought in to sort out a company in financial distress due to Board members potentially illegal activities has somehow decided to throw his reputation for a quick buck selling some shares?
In a dramatic turn around it's seems PeePee1 was right all along...but everyone had filtered him...
No suspension is needed.
Bob's share dealings in such a tightly regulated market...are too confusing so will be ignored by the FCA.
All will be good by Monday.
Https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32014R0596
Clearing his desk....60% sales increase Q1 mystery is next....although again that's old news and is there to read....(and buy in every discount store in the UK at a massive discount including Farmfoods, Homebargains etc..). Sales not revenue.
You just answered your own question...Surprised they're limiting the investigation to September 2022. eg Allsworth hung around until May 2023. They might as well go right up to today with Holt selling. As CEO would surely know about looming investigation and therefore was trading with material non-public information. Scope surely has to broaden... This time period has been RNS'd and all over the press, everyone knows about their behaviour, loans, sales target manipulation...this is just the FCA catching up...nothing to do with the current REVB.
Notice of general meeting requisitioned by boohoo Group plc
Revolution Beauty Group plc (AIM: REVB), the multi-channel mass beauty innovator, today announces that, following the letter and accompanying notice dated 19 June 2023 received from boohoo Group plc ("boohoo"), a general meeting of the Company will be held at the offices of Macfarlanes LLP at 20 Cursitor Street, London, EC4A 1LT at 11:00 on 7 August 2023 (the "General Meeting").