Business
Settlement Agreement with Revolution Beauty Group
Settlement Agreement with Revolution Beauty Group.
About this update from Boohoo Group Plc
[{"type":"text","content":"\n\n\n\n\n \n\n\n18 July 2023\n\n\n\n \n \nboohoo group plc\n(\"boohoo\")\n \nSettlement Agreement with Revolution Beauty Group plc\n \nboohoo has entered into a settlement agreement (\"Settlement Agreement\") with Revolution Beauty Group plc (\"Revolution Beauty\"). The Settlement Agreement, among other things, will result in the reconstitution of the board of Revolution Beauty. boohoo believes the Settlement Agreement is in the best interests of Revolution Beauty and its shareholders. The full terms of the Settlement Agreement have been published via RNS by Revolution Beauty.\n\n-ends-\n \n\n\n\nEnquiries\n\n\n\n\n\n\n\n\n\n\nboohoo group plc\n\n\n\n\n\n\n\n\n\n\nShaun McCabe, Chief Financial Officer\n\n\nTel: +44 (0)161 233 2050\n\n\n\n\nAlistair Davies, Investor Relations\n\n\nTel: +44 (0)161 233 2050\n\n\n\n\nMark Mochalski, Investor Relations\n\n\nTel: +44 (0)20 3239 6289\n\n\n\n\nClara Melia, Investor Relations\n\n\nTel: +44 (0)20 3289 5520\n\n\n\n\n \n\n\n\n\n\n\n\nZeus Capital - Nominated adviser and joint broker\n\n\n\n\n\n\n\nDan Bate / James Edis\n\n\nTel: +44 (0)161 831 1512\n\n\n\n\nBenjamin Robertson\n \n \n\n\nTel: +44 (0)20 3829 5000\n\n\n\n\nJefferies - Joint broker\n\n\n\n\n\n\n\nEd Matthews / Harry Le May\n \n \n\n\nTel: +44 (0)20 7029 8000\n\n\n\n\nBuchanan - Financial PR adviser\n\n\[email protected]\n\n\n\n\nRichard Oldworth / Toto Berger / Verity Parker\n\n\nTel: +44 (0)20 7466 5000\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n \nAbout boohoo group plc\n\"Leading the fashion eCommerce market\"\nFounded in Manchester in 2006, boohoo is an inclusive and innovative global brand targeting young, value-orientated customers, pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7.\n \nIn 2017, the group extended its customer offering through the acquisitions of the vibrant fashion brand PrettyLittleThing and free-thinking brand Nasty Gal. In March 2019, the group acquired the MissPap brand, in August 2019 the Karen Millen and Coast brands and in June 2020 the Warehouse and Oasis brands, all complementary to the group's scalable, multi-brand platform. In January 2021, the group acquired the intellectual property assets of Debenhams, with the goal of transforming a leading UK fashion and beauty retailer into a digita...