'1000 Companies to Inspire Britain 2016' report

RNS Number : 5763S

Venture Life Group PLC

18 March 2016

 

Venture Life Group PLC

("Venture Life" or the "Group" or the "Company")

Venture Life listed in London Stock Exchange's '1000 Companies to Inspire Britain' 2016

Bracknell, UK - 18 March 2016: Venture Life Group PLC (AIM: VLG), the international consumer self-care group focused on developing, manufacturing and commercialising products for the ageing population announces that it has been recognised in the London Stock Exchange's '1000 Companies to Inspire Britain 2016' report.  The report, in its third year, seeks to identify the fastest-growing and most dynamic small and medium sized businesses (SMEs) in the UK and is a celebration of the UK's fastest-growing and most dynamic small and medium sized businesses.

To be included in the list, companies needed to record consistent revenue growth over a minimum of three years, significantly outperforming their industry peers. More detail on the methodology can be found in the report online at www.1000companies.com.    

Venture Life was founded in 2010 and joined the AIM market of the London Stock Exchange in 2014.  It acquired an Italian development and manufacturing business also in 2014 and recently completed the acquisition of Periproducts Limited, the oral care products specialist that owns the UltraDEX brand for mouthwashes and toothpastes.  The Group's product range also includes products for lowering cholesterol, maintaining brain function, skin ageing and other conditions affecting the ageing population.

Jerry Randall, Chief Executive Officer of Venture Life Group, said: "We are delighted to be featured in '1000 Companies to Inspire Britain 2016', recognising the development of the Group into the international business it is today. With operations in both the UK & Italy, the Group employs over 80 people, and our products are now distributed in over 40 countries worldwide.  We are going from strength to strength."

Xavier Rolet, Chief Executive, London Stock Exchange Group said: "High growth SMEs are the driving force behind the UK economy, developing the skills, jobs and growth we need. But ambition alone is not enough; their success must be highlighted and their growth properly supported with appropriate finance. That's why this is so important: demonstrating the strong alliance between UK Government, financial market participants, investors, entrepreneurs and companies to support these inspiring businesses".

"This list is fundamental to London Stock Exchange's core, the need to support UK high growth companies in their journeys from Start-up to Stardom and create an entrepreneurship revolution."

Writing in the publication, The Rt. Hon. George Osborne MP said: "UK high-growth businesses are leading the charge in rebuilding our economy. These companies are the backbone of the British economy. They create high-quality, well paid jobs, innovate and drive economic growth. This government fully understands the need to support ambitious entrepreneurs and ensure they can access the finance they need to grow."

"We have held the steadfast belief that - alongside deficit reduction - nurturing entrepreneurs, creating jobs, supporting hard-working families and keeping taxes low would get the UK economy back on track. Our measures to increase access to finance for business and encourage more investment have had a transformative effect on our economy."

A full searchable database of all of the companies along with a downloadable pdf of the publication can be found online at www.1000companies.com

For further information please contact:

Venture Life Group PLC

Jerry Randall, Chief Executive Officer                                                                     [phone]

James Hunter, Chief Financial Officer                                                   

Panmure Gordon (UK) Limited (Nominated Adviser and Broker)                             
Freddy Crossley                                                                                                               [phone]

Peter Steel

Duncan Monteith                                                                                                           
Corporate Finance

Tom Salvesen
Corporate Broking                                                                                                          

Square1 Consulting

David Bick                                                                                                                           [phone]

Brian Alexander                                                                                                              

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