Revolution Bars Gains Shareholder Backing for Restructure

Revolution Bars (GB:RBG) has released an update.

Revolution Bars Group plc has successfully passed all resolutions at its recent General Meeting, signaling shareholder approval for the authorization to issue new ordinary shares and the disapplication of pre-emption rights as part of its fundraising efforts. The move, supported by a substantial majority of votes, positions the hospitality company to restructure and strengthen its business in response to the changing market. Non-Executive Chairman Keith Edelman expressed gratitude for the shareholders’ support and the team’s resilience during challenging times.

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