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Pin to quick picksRevolution Beauty Regulatory News (REVB)

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Response to allegations by Chrysalis Investments

2 Feb 2024 07:00

RNS Number : 7863B
Revolution Beauty Group PLC
02 February 2024
 

For immediate release

2 February 2024

Revolution Beauty Group plc

("Revolution Beauty", the "Group", or the "Company")

Response to allegations by Chrysalis Investments Limited

Revolution Beauty (AIM: REVB), the multi-channel mass beauty innovator, notes the comments by Chrysalis Investments Limited ("Chrysalis") on 29 January 2024, stating that it believes it has certain potential claims against the Company in relation to its purchase of Revolution Beauty shares in July 2021 and the sale of those shares in late 2022. The Company confirms that it has received a pre-action letter from Chrysalis. Chrysalis has not commenced formal legal proceedings.

The Company strongly contests the allegations and has been engaging with Chrysalis's advisers accordingly.

For further information, please contact:

 

Investor Relations

Lauren Brindley, CEO

Neil Catto, CFO

Investor.Relations@revolutionbeautyplc.com

 

Joint Corporate Brokers

Liberum (NOMAD): Edward Thomas / Dru Danford / John More

Tel: +44 (0) 203 100 2222

 

Zeus: Nick Cowles / Jamie Peel / Jordan Warburton

Tel: +44 (0) 161 831 1512

 

Media enquiries

Headland Consultancy: Matt Denham / Will Smith / Antonia Pollock

Tel: +44 (0)20 3805 4822

Revolutionbeauty@headlandconsultancy.com

 

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RSPEAFAFESDLEAA
Date   Source Headline
17th Jun 20247:00 amRNSNotice of FY24 Results
30th Apr 20244:59 pmRNSTotal Voting Rights
29th Apr 20247:00 amRNSHolding(s) in Company
22nd Apr 20249:09 amRNSResponse to allegations by Chrysalis Investments
12th Apr 20244:43 pmRNSHolding(s) in Company
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27th Mar 20247:00 amRNSTrading Update
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8th Feb 20247:00 amRNSCapital Markets Event and FY24 Trading Update
5th Feb 20247:00 amRNSAdam Minto Settlement Agreement
2nd Feb 20247:00 amRNSResponse to allegations by Chrysalis Investments
26th Jan 20247:00 amRNSBlock Admission Application
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9th Nov 20231:21 pmRNSNotice of Interim Results
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29th Sep 20237:00 amRNSResults of AGM
19th Sep 20237:00 amRNSGrant of Share Options
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31st Aug 20238:30 amRNSFINAL RESULTS FOR THE YEAR ENDED 28 FEBRUARY 2023
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21st Jul 20234:57 pmRNSRegulatory Investigation
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19th Jul 20237:00 amRNSWithdrawal of GM requisition & Board Updates
18th Jul 20237:00 amRNSSettlement Agreement with boohoo
10th Jul 20234:49 pmRNSNotice of General Meeting
5th Jul 202310:37 amRNSChange of registered office address
4th Jul 20232:09 pmRNSDirector dealings
3rd Jul 20234:30 pmRNSDirector dealings

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