Last checked at 12 Jun 2020 07:00
THIS ANNOUNCEMENT AND THE INFORMATION IN IT, IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION.
FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.
Defined terms used in this announcement have the meanings given to them in the Circular to shareholders dated 10 June 2020 unless the context provides otherwise.
For immediate release
REVOLUTION BARS GROUP PLC
Irrevocable undertaking update
Revolution Bars Group plc, a leading UK operator of 74 premium bars, trading under the 'Revolution' and 'Revolución de Cuba' brands, announces that it has received an irrevocable undertaking from Adrian Williams to vote in favour of the Resolutions to be proposed at the General Meeting over 2,930,584 Ordinary Shares, representing approximately 5.86 per cent. of the Existing Ordinary Shares.
The Company has therefore now received support to vote in favour of the Resolutions from independent Shareholders holding authority to exercise voting rights over a total of 8,960,281 Ordinary Shares in aggregate, representing approximately 17.91 per cent. of the Existing Ordinary Shares.
As set out in the Circular, the Directors unanimously recommend that Shareholders vote in favour of the Resolutions, as they intend to do in respect of their beneficial holdings of an aggregate of 198,000 Existing Ordinary Shares, representing approximately 0.39 per cent. of the Existing Ordinary Shares.
For further information, please contact:
Revolution Bars Group plc | Tel: 0161 330 3876 |
Rob Pitcher, CEO Mike Foster, CFO | |
finnCap, Joint Broker | Tel: 020 7220 0500 |
Matt Goode / Simon Hicks / Teddy Whiley (Corporate Finance) Tim Redfern / Richard Chambers (ECM) | |
Peel Hunt, Joint Broker | Tel: 020 7418 8900 |
George Sellar / Andrew Clark (Corporate Finance) Al Rae / Sohail Akbar (ECM) | |
Instinctif (Financial PR) | Tel: 07831 379122 |
Matt Smallwood Jack Devoy |
12 June 2020
IMPORTANT NOTICES
finnCap Ltd ("finnCap"), which is authorised and regulated in the UK by the Financial Conduct Authority, is acting exclusively for the Company and for no one else in relation to the matters described in this announcement and will not regard any other person as a client of finnCap in relation to the matters described in this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to clients of finnCap nor for advising any other person on the contents of this announcement or any transaction or arrangement referred to herein.
Peel Hunt LLP ("Peel Hunt") which is authorised and regulated in the UK by the Financial Conduct Authority, is acting exclusively for the Company and for no one else in relation to the matters described in this announcement and will not regard any other person as a client of Peel Hunt in relation to the matters described in this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Peel Hunt nor for advising any other person on the contents of this announcement or any transaction or arrangement referred to herein.
Apart from the responsibilities and liabilities, if any, which may be imposed on finnCap or Peel Hunt under FSMA or the regulatory regime established thereunder, neither of finnCap or Peel Hunt nor any of their respective affiliates accepts any responsibility whatsoever or makes any representation or warranty, express or implied, concerning the contents of this announcement, including its accuracy, completeness or verification, or concerning any other statement made or purported to be made by any of them, or on behalf of them in connection with the Company or any of the matters described in this announcement and nothing in this announcement is or shall be relied upon as a promise or representation in this respect, whether as to the past or future. Subject to applicable law, each of finnCap and Peel Hunt and their respective affiliates accordingly disclaim all and any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise (save as referred to above)) which any of them might otherwise have in respect of this announcement or any statement purported to be made by them, or on their behalf, in connection with the Company, or the matters described in this announcement.