Defined terms used in this announcement have the meanings
given to them in the announcement titled Fundraise, Restructuring
Plan & FSP (RNS Number: 1033K) released around 6:05 p.m. on 10
April 2024, unless the context provides
otherwise.
For
immediate release
3 September 2024
Revolution Bars Group
plc
(the
"Company" or the "Group")
Completion of Fundraising and
Restructuring Plan
Director/PDMR
Shareholding
and
Total Voting
Rights
Revolution Bars Group plc (AIM:
RBG), a leading operator of premium bars and gastro pubs, trading
mainly under the Revolution, Revolucion de Cuba and Peach Pubs
brands, announces that completion of its Fundraising and
Restructuring Plan, announced 10 April 2024, has now occurred, and
that a total of 1,267,768,705 new Ordinary Shares will be admitted
to trading on AIM at 8am today.
As notified previously, as part of
the Fundraising the following Directors of the Company have
subscribed for, in aggregate 12,050,000 Ordinary Shares at the
Issue Price of 1 pence per Ordinary Share:
|
Name
|
Number of existing Ordinary Shares
|
Percentage of existing issued share capital
|
Number of New Ordinary Shares subscribed for
|
Total number of Ordinary Shares held on
Admission
|
Percentage of Enlarged Share Capital on
Admission
|
|
Keith Edelman
|
370,000
|
0.16%
|
1,440,000
|
1,810,000
|
0.12%
|
|
Rob Pitcher
|
1,500,000
|
0.65%
|
8,000,000
|
9,500,000
|
0.63%
|
|
Danielle Davies
|
305,993
|
0.13%
|
1,250,000
|
1,555,993
|
0.10%
|
|
Jemima Bird
|
7,500
|
0.00%
|
1,000,000
|
1,007,500
|
0.07%
|
|
Will Tuffy
|
100,000
|
0.04%
|
360,000
|
460,000
|
0.03%
|
Total Voting Rights
The total number of Ordinary Shares
in issue is now 1,497,817,225 with the Company holding no Ordinary
Shares in treasury. Therefore, the total number of voting rights is
also 1,497,817,225. This figure may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.
For further information, please
contact:
|
Revolution Bars Group plc
Rob Pitcher, CEO
Danielle Davies,
CFO
|
Tel: 0161 330 3876
|
|
Cavendish Capital Markets Limited
(Nominated Adviser, Broker and Bookrunner)
Matt Goode / Teddy Whiley / Hamish
Waller (Corporate Finance)
Tim Redfern / Harriet Ward
(Corporate Broking)
|
Tel: 020 7220 0500
|
|
Instinctif (Financial PR)
Matthew Smallwood / Justine
Warren
020 7457 2010
|
Tel: 020 7457 2005
|
The
notification below is made in accordance with the requirements of
the EU regulation on market abuse which forms part of UK law by
virtue of the European Union (Withdrawal) Act
2018.
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
1. Keith
Edelman
2. Rob
Pitcher
3. Danielle
Davies
4. Jemima
Bird
5. Will Tuffy
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
1. Keith Edelman -
Non-Executive Chairman
2. Rob Pitcher -
CEO
3. Danielle Davies -
CFO
4. Jemima Bird -
Non-Executive Director
5. Will Tuffy -
Non-Executive 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:
Identification code:
|
Ordinary Shares of 0.1 pence per
share
GB00BVDPPV41
|
|
b)
|
Nature of the
transaction:
|
Acquisition of new Ordinary
Shares
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
1 pence
|
1.Keith Edelman -
1,440,000
2.Rob Pitcher - 8,000,000
3.Danielle Davies -
1,250,000
4.Jemima Bird - 1,000,000
5.Will Tuffy - 360,000
|
|
|
|
|
|
d)
|
Aggregated information:
·Aggregated volume:
·Price:
|
See 4c) above
12,050,000 Ordinary
Shares
1 pence each
|
|
e)
|
Date of the transaction:
|
3 September 2024
|
|
f)
|
Place of the transaction:
|
London Stock Exchange,
AIM
|