Last checked at 9 Nov 2022 09:05
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
For Immediate Release | 09 November 2022
|
REVOLUTION BEAUTY GROUP PLC
("Revolution Beauty", the "Group" or the "Company")
Directorate Change
The Board of Revolution Beauty today announces that as a result of the events since IPO and the transition from a private company to a public company, CEO Adam Minto has resigned as a Director of the Group and stepped down from the business with immediate effect.
As previously announced on 14 October 2022, Mr Minto stepped away from the day-to-day management of the business in order to support the independent investigation being carried out by Forensic Risk Alliance and Macfarlanes. Mr Minto has stated that he will continue to support the investigation through to its conclusion.
Bob Holt OBE has been responsible for the day-to-day running of Revolution Beauty since that date and remains as interim Chief Operating Officer.
The Board of Revolution Beauty reiterates that the independent investigation being carried out by Forensic Risk Alliance and Macfarlanes remains ongoing, and no conclusions have been drawn.
- Ends-
For further information please contact: | |
Revolution Beauty Investor Relations | |
Bob Holt / Elizabeth Lake | Investor.Relations@revolutionbeautyplc.com |
| |
Joint Corporate Brokers
|
|
Zeus (NOMAD): Nick Cowles /Jamie Peel /Jordan Warburton Liberum: Clayton Bush / Edward Thomas / Miquela Bezuidenhoudt
| Tel: +44 (0) 161 831 1512
Tel: +44 (0) 203 100 2222
|
Media enquiries:
Headland Consultancy Rosh Field / Will Smith / Marta Parry-Jones | Tel: +44 (0)20 3805 4822 Revolutionbeauty@headlandconsultancy.com |