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Investegate |Revolution Beauty Gp Announcements | Revolution Beauty Gp: Implementation of Long Term Incentive Plan
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Investegate |Insig AI Plc Announcements | Insig AI Plc: License win and ESG product developments
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Investegate |Revolution Beauty Gp Announcements | Revolution Beauty Gp: Director Dealing
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under Part 26 of the UK Companies Act 2006 Summary · The boards of Tencent Holdings Limited ( Tencent ) and Sumo Group plc ( Sumo ) are pleased to announce that they have reached an agreement on the terms of a recommended all cash acquisition by Tencent, through its indirect wholly-owned subsidiary, Sixjoy Hong Kong Limited ( Tencent Bidco ), of the entire issued and to be issued ordinary share capital of Sumo which members of the Tencent Group do not already own. · Under the terms of the Acquisition, Sumo Shareholders will be entitled to receive: for each Sumo Share: 513 pence in cash · The price of 513 pence in cash for each Sumo Share values the entire issued and to be issued share capital of Sumo at approximately £919 million on a fully diluted basis.
Revolution Beauty Group plc (AIM:REVB), a multi-brand, multi-category, multi-channel mass beauty innovator with proven global scale, is pleased to announce that admission of its entire issued and to be issued share capital to trading on the AIM market of the London Stock Exchange will become effective and dealings will commence at 8.00 a.m. today under the ticker REVB and ISIN number GB00BP7L1T61. On 13 July 2021, Revolution Beauty announced a fundraising which has today completed. The fundraising, which was significantly oversubscribed and priced at the top of the valuation range, included the placing of 69,194,687 new ordinary shares of 1 pence each ( Ordinary Shares ) and the placing of 118,305,313 existing Ordinary Shares, both at a price of 160 pence per share (the Placing Price ), raising gross proceeds of £110.7 million for the Company and £189.3 million for selling shareholders. At the Placing Price, the Company s marke