RNS Number : 6170C
Revolution Bars Group
03 September 2024
 

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

 

 

 

                                      

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