RNS Number : 7791R
Warpaint London PLC
19 June 2018
19 June 2018
Warpaint London plc
("Warpaint London" or the "Company" or the "Group")
Director Dealings
Warpaint London plc (AIM: W7L), the specialist supplier of colour cosmetics and owner of the W7 and Technic brands, announces that on 18 June 2018, Sara Bazini and Laura Macleod, the respective wives of Samuel Bazini and Eoin Macleod, the Joint Chief Executive Officers of the Company, each sold 1,250,000 ordinary shares of 25 pence each in the Company ("Ordinary Shares") at a price of 233.825p per Ordinary Share in order to satisfy institutional demand.
Following the above transactions, each of Samuel Bazini and his connected parties, and Eoin Macleod and his connected parties, hold 19,295,208 Ordinary Shares, representing 25.14% of the Company's issued share capital each.
Enquiries:
Warpaint London plc
Sam Bazini - Joint Chief Executive
Eoin Macleod - Joint Chief Executive
Neil Rodol - Chief Financial Officer
020 3053 8671
Stockdale Securities Limited (Nominated Adviser and Broker)
Andy Crossley, Antonio Bossi, Ed Thomas - Corporate Finance
Fiona Conroy - Corporate Broking
020 7601 6100
IFC Advisory (Financial PR & IR)
Tim Metcalfe
Heather Armstrong
Florence Chandler
020 3934 6630
Warpaint London plc
Warpaint London is a colour cosmetics business, based in Iver, Buckinghamshire. It is made up of two divisions: close-out and own-brand. The second and larger own-brand division primarily consists of the Group's flagship brand, W7, together with the Technic, Body Collection and Man'stuff brands acquired through the acquisition of Retra Holdings in 2017.
W7 is an extremely creative, design-focused cosmetic brand proposition with a focus on the 16-30 age range, delivering high-quality cosmetics at affordable prices. The W7 brand has grown organically since its inception in 2002 and now contains over 700 items which are sold into high street retailers and independent beauty shops across the UK, Europe, Australia and the US. In 2017, W7 was supplied in more than 60 countries.
In 2017 Warpaint completed the acquisition of Retra Holdings Limited, a UK colour cosmetics business with a significant focus on the gifting market, principally for high street retailers and supermarkets including Boots, Superdrug and Asda. Retra owns three major brands: Technic, Body Collection and Man'stuff, in addition to supplying white label cosmetics produced for several major high street retailers including Asda and Matalan.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
DSHBRGDLIBBBGII
Attachments
-
Original document
-
Permalink
Disclaimer
Warpaint London plc published this content on 19 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 June 2018 07:07:01 UTC