RNS Number : 0801O
Revolution Beauty Group PLC
29 September 2023
 

For immediate release

29 September 2023

 

 

REVOLUTION BEAUTY GROUP PLC

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

 

Results of AGM

 

Revolution Beauty Group plc (AIM: REVB), the multi-channel mass beauty innovator, announces that all resolutions proposed to shareholders were passed by the requisite majority at the Company's Annual General Meeting ("AGM") held yesterday at the offices of Macfarlanes LLP.

All 15 resolutions put to members were passed on a poll. Resolutions 1 to 12 were passed as ordinary resolutions and resolutions 13 to 15 were passed as special resolutions.

The number of votes cast for and against each of the resolutions proposed, and the number of votes withheld were as follows:


Votes 'for'

% of votes cast

Votes 'against'

% of votes cast

Votes withheld

Total votes cast

% of voting capital

Resolution 1
(Receive annual report and accounts)

163,163,513

99.29

1,172,500

0.72

-

164,336,013

51.64

Resolution 2
(Elect Lauren Brindley)

164,336,013

100.0

-

0.00

-

164,336,013

51.64

Resolution 3
(Elect Neil Catto)

158,084,946

96.49

5,747,823

3.52

503,244

164,336,013

51.48

Resolution 4
(Elect Chris Fry)

164,254,463

99.95

81,550

0.05

-

164,336,013

51.64

Resolution 5
(Elect Peter Hallett)

163,078,719

99.24

1,254,050

0.77

3,244

164,336,013

51.63

Resolution 6
(Elect Colin Henry)

164,251,219

99.95

81,550

0.05

3,244

164,336,013

51.63

Resolution 7
(Elect Rachel Horsefield)

164,254,863

99.95

81,150

0.05

-

164,336,013

51.64

Resolution 8
(Elect Elizabeth Lake)

114,931,495

70.14

48,920,143

29.99

484,375

164,336,013

51.48

Resolution 9
(Elect Alistair McGeorge)

163,024,463

99.20

1,311,550

0.80

-

164,336,013

51.64

Resolution 10
(Re-appoint auditors)

163,692,891

99.91

143,122

0.09

500,000

164,336,013

51.48

Resolution 11
(Fix remuneration of auditors)

164,331,990

100.00

3,244

0.01

779

164,336,013

51.63

Resolution 12
(Authority to allot shares)

164,208,164

99.92

127,849

0.08

-

164,336,013

51.64

Resolution 13
(Authority to disapply pre-emption rights)*

164,275,164

99.96

60,849

0.04

-

164,336,013

51.64

Resolution 14
(Authority to disapply pre-emption rights (additional))*

164,275,164

99.96

60,849

0.04

-

164,336,013

51.64

Resolution 15
(Adopt new articles of association)*

164,208,164

99.92

127,400

0.08

449

164,336,013

51.64

*Special resolution

 

The Board notes the significant votes received against resolution 8. Whilst the Directors are disappointed that shareholders have chosen to vote in this way, the Chairman will be happy to engage with the key shareholders on these issues going forward.

 

Notes:

1.    Number of Company shares in issue 318,263,565.

2.    The full text of each resolution is available in the Notice of Annual General Meeting, published on our website

3.    A vote 'withheld' is not a vote in law and is not counted in the calculation of the proportion of votes 'for' or 'against' a resolution.

3.    Revolution Beauty Group LEI: 21380083TTJWXK677H17.

 

For further information please contact:

Investor Relations

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

Matt Denham / Will Smith / Antonia Pollock

Tel: +44 (0)20 3805 4822

Revolutionbeauty@headlandconsultancy.com

 

 

The person responsible for arranging the release of this announcement on behalf of the Company is Elizabeth Lake, the Chief Financial Officer of the Company.

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