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Revolution Bars (RBG)

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Thursday 24 December, 2020

Revolution Bars

Grant of Options

RNS Number : 8536J
Revolution Bars Group
24 December 2020
 

Revolution Bars Group Plc

("Revolution" or the "Company")

 

Grant of Options

 

Revolution Bars Group plc announces that on 24 December 2020, its Remuneration Committee agreed to grant options under the Revolution Bars Group plc Performance Share Plan (the "Plan") with an exercise price of £0.001 per share over 1,035,115 ordinary shares of £0.001 each in the Company ("Ordinary Shares") (the "PSP Options") to directors and other persons discharging managerial responsibility ("PDMRs") as set out in the table below.

 

The PSP Options shall vest and become exercisable on the date that is the later of the date which is three years from the date of grant being 24 December 2023 and the preliminary announcement of the results for the 52 weeks ended 1 July 2023, subject to the Group's Remuneration Committee being satisfied that the Group's underlying performance and delivery against its strategy and plans is sufficient to justify the level of vesting having regard to such factors as the Remuneration Committee considers to be appropriate in the round (including, inter alia, revenue, earnings and share price performance) and the shareholder experience more generally (including windfall gains).

 

Name

Position

Number of Ordinary Shares under PSP Option

Rob Pitcher

Chief Executive Officer

475,759

Danielle Davies

Chief Financial Officer

244,676

Andy Dyson

Business Development Director

56,819

Mark Walter

Brand Operations Director - Revolution

56,819

Clinton Ghent

Brand Operations Director - Revolucion de Cuba

56,819

Beth Anderson

People Director

56,819

Alex Young

Sales and Marketing Director

56,819

Fiona Hall

Head of Food and Commercial

30,585

 

The PSP Options have been determined in accordance with the rules of the Plan, as approved by shareholders at the Group's Annual General Meeting held on 22 December 2020.

 

Enquiries:

Revolution Bars Group plc

Tel: 0161 330 3876

Rob Pitcher, CEO

Danielle Davies, CFO


 

finnCap, NOMAD and Joint Broker

 

Tel: 020 7220 0500

Matt Goode / Simon Hicks / Teddy Whiley (Corporate Finance)

Tim Redfern / Richard Chambers (ECM)


 

Peel Hunt LLP, Joint Broker

 

Tel: 020 7418 8900

George Sellar / Andrew Clark

 


Instinctif (Financial PR)

Tel: 07831 379122

Matt Smallwood

Jack Devoy



 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Rob Pitcher

2.

Reason for the Notification

a)

Position/status

Chief Executive Officer

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

Ordinary shares of £0.001

Identification code

GB00BVDPPV41

b)

Nature of the transaction

Grant of options over of Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

475,759

d)

Aggregated information:

· Aggregated volume

· Price

See 4 (c) above

e)

Date of the transaction

24 December 2020

 

f)

Place of the transaction

Off market transaction 

 



 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Danielle Davies

2.

Reason for the Notification

a)

Position/status

Chief Financial Officer

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

Ordinary shares of £0.001

Identification code

GB00BVDPPV41

b)

Nature of the transaction

Grant of options over of Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

244,676

d)

Aggregated information:

· Aggregated volume

· Price

See 4 (c) above

e)

Date of the transaction

24 December 2020

 

f)

Place of the transaction

Off market transaction 

 

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andy Dyson

2.

Reason for the Notification

a)

Position/status

Business Development 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

Ordinary shares of £0.001

Identification code

GB00BVDPPV41

b)

Nature of the transaction

Grant of options over of Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

56,819

d)

Aggregated information:

· Aggregated volume

· Price

See 4 (c) above

e)

Date of the transaction

24 December 2020

 

f)

Place of the transaction

Off market transaction 

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Walter

2.

Reason for the Notification

a)

Position/status

Brand Operations Director - Revolution

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

Ordinary shares of £0.001

Identification code

GB00BVDPPV41

b)

Nature of the transaction

Grant of options over of Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

56,819

d)

Aggregated information:

· Aggregated volume

· Price

See 4 (c) above

e)

Date of the transaction

24 December 2020

 

f)

Place of the transaction

Off market transaction 

 

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Clinton Ghent

2.

Reason for the Notification

a)

Position/status

Brand Operations Director - Revolucion de Cuba

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

Ordinary shares of £0.001

Identification code

GB00BVDPPV41

b)

Nature of the transaction

Grant of options over of Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

56,819

d)

Aggregated information:

· Aggregated volume

· Price

See 4 (c) above

e)

Date of the transaction

24 December 2020

 

f)

Place of the transaction

Off market transaction 

 

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Beth Anderson

2.

Reason for the Notification

a)

Position/status

People 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

Ordinary shares of £0.001

Identification code

GB00BVDPPV41

b)

Nature of the transaction

Grant of options over of Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

56,819

d)

Aggregated information:

· Aggregated volume

· Price

See 4 (c) above

e)

Date of the transaction

24 December 2020

 

f)

Place of the transaction

Off market transaction 

 

 

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alex Young

2.

Reason for the Notification

a)

Position/status

Sales and Marketing 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

Ordinary shares of £0.001

Identification code

GB00BVDPPV41

b)

Nature of the transaction

Grant of options over of Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

56,819

d)

Aggregated information:

· Aggregated volume

· Price

See 4 (c) above

e)

Date of the transaction

24 December 2020

 

f)

Place of the transaction

Off market transaction 

 

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Fiona Hall

2.

Reason for the Notification

a)

Position/status

Head of Food and Commercial

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

Ordinary shares of £0.001

Identification code

GB00BVDPPV41

b)

Nature of the transaction

Grant of options over of Ordinary Shares of £0.001

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.001

30,585

d)

Aggregated information:

· Aggregated volume

· Price

See 4 (c) above

e)

Date of the transaction

24 December 2020

 

f)

Place of the transaction

Off market transaction 

 

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