Grant of Share Options
Revolution Beauty Group PLC has announced the grant of 44,800,000 share options to two Directors and employees/consultants under its Long Term Incentive Plan, representing 5.2% of the company's issued share capital. The options have an exercise price of 3 pence, with the closing mid-market price on the grant date of 15 April 2026 being 3.1 pence. Co-founder and CEO Tom Allsworth and CFO Neil Catto each received 3,500,000 options, with Adam Minto also receiving 3,500,000 options. These options will vest in three equal tranches on 25 November 2026, 2027, and 2028. Following this grant, the company has 53,724,606 options outstanding, representing 6.2% of its issued share capital.
Select text to share a quote on X · sign in to keep highlights & notes in your REVB notes
Revolution Beauty (AIM: REVB), the multi-channel mass beauty brand, announces the grant of 44,800,000 share options (the "Options") over ordinary shares of 0.1 pence each ("Ordinary Shares") to two Directors and a number of employees and consultants of the Company, under the Revolution Beauty Long Term Incentive Plan ("LTIP"). The Options, representing 5.2 per cent. of the Company's existing issued share capital, have an exercise price of 3 pence per Ordinary Share. The closing mid-market price of an Ordinary Share on 15 April 2026, the date of the grant, was 3.1 pence. All of the Options will vest in three equal tranches on the following vesting dates: 25 November 2026, 25 November 2027 and 25 November 2028.
Of the 44,800,000 Options granted, 3,500,000 Options have been granted to Tom Allsworth (Co-founder and CEO) and 3,500,000 to Neil Catto (CFO) as follows:
| Director | Existing options over Ordinary Shares held | Number of Options granted | Total options held following grant | % of current issued share capital |
|---|---|---|---|---|
| Tom Allsworth | - | 3,500,000 | 3,500,000 | 0.40% |
| Neil Catto | 3,000,000 | 3,500,000 | 6,500,000 | 0.75% |
In addition, 3,500,000 Options have been granted to Adam Minto as co-founder of the business.
Of the total 44,800,000 Options granted, 11,500,000 Options are non-tax advantaged share options over Ordinary Shares to employees or consultants of the Company who are either not resident in the UK or not eligible for Enterprise Management Incentive ("EMI") qualifying options. The remaining 33,300,000 Options are EMI qualifying options. Following the grant of the Options, the Company has options outstanding over a total of 53,724,606 Ordinary Shares, representing 6.2% of the Company's current issued share capital. The Company has consulted with major shareholders regarding the grant of the Share Options.
Investor Relations Tom Allsworth, CEO Neil Catto, CFO Investor.Relations@revolutionbeautyplc.com
Strand Hanson Limited (Nominated Adviser) Christopher Raggett / Carl Holmes / Imogen Ellis Tel: +44 (0)20 7409 3494
Zeus Capital (Broker) Ben Robertson / Dominic King / Jordan Warburton Tel: +44 (0) 161 831 1512
Headland Consultancy (Media Enquiries) Matt Denham / Antonia Pollock Tel: +44 (0)20 3805 4822 Revolutionbeauty@headlandconsultancy.com
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Tom Allsworth | |
| 2 | Reason for the notification | ||
| a) | Position/status | Co-founder and CEO | |
| b) | Initial notification/Amendment | Initial notification | |
| a) | Name | Revolution Beauty Group plc | |
| b) | LEI | 21380083TTJWXK677H17 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of £0.01 each in the capital of the Company ISIN: GB00BP7L1T61 | |
| b) | Nature of the transaction | Grant of options under the Revolution Beauty LTIP | |
| c) | Price(s) and volume(s) | Prices | Exercise price £0.03 |
| Volume(s) | 3,500,000 | ||
| d) | Aggregated information | Single transaction as in 4 c) above | |
| e) | Date of the transaction | 15 April 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Neil Catto | |
| 2 | Reason for the notification | ||
| a) | Position/status | CFO | |
| b) | Initial notification/Amendment | Initial notification | |
| a) | Name | Revolution Beauty Group plc | |
| b) | LEI | 21380083TTJWXK677H17 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of £0.01 each in the capital of the Company ISIN: GB00BP7L1T61 | |
| b) | Nature of the transaction | Grant of options under the Revolution Beauty LTIP | |
| c) | Price(s) and volume(s) | Prices | Exercise price £0.03 |
| Volume(s) | 3,500,000 | ||
| d) | Aggregated information | Single transaction as in 4 c) above | |
| e) | Date of the transaction | 15 April 2026 | |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.