Nightcap Plc (AIM:NGHT) made a non binding proposal to acquire Revolution Bars Group plc (AIM:RBG) on May 17, 2024. The offer is a share for share offer for the entire issued and to be issued share capital of Revolution Bars. Nick Naylor, Alex Brearley and Piers Shimwell of Allenby Capital Limited acted as financial advisor to Nightcap.

Nightcap Plc (AIM:NGHT) cancelled the acquisition of Revolution Bars Group plc (AIM:RBG) on May 23, 2024. Board of Revolution Bars, a number of its stakeholders and advisers rejected the proposal.