Update on claim against Revolution Beauty Group
Chrysalis reached a settlement with Revolution Beauty over a disputed claim for a non-material sum.
- Settlement amount less than 1% of market capitalisation
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Further to the announcement made on 22 April 2024, the Company can confirm that it has now agreed and entered into a settlement agreement with Revolution Beauty in full and final satisfaction of its claim. Under the terms of the settlement, Revolution Beauty has agreed to pay the Company a non-material sum, being less than 1% of the Company's market capitalisation (as at the date of this announcement). All other details of the settlement remain confidential.
| Investment Adviser Chrysalis Investment Partners LLP: James Simpson | +44 (0) 20 7871 5343 |
| G10 Capital Limited (AIFM): | +44 (0) 20 7397 5450 |
| Maria Baldwin | |
| Panmure Liberum: Chris Clarke / Darren Vickers | +44 (0) 20 3100 2000 |
| Deutsche Numis: Nathan Brown / Matt Goss | +44 (0) 20 7260 1000 |
| IQEQ Fund Services (Guernsey) Limited: Aimee Gontier / Elaine Smeja | +44 (0) 1481 231852 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.