Director/PDMR Shareholding

RNS Number : 3242D

Venture Life Group PLC

25 June 2019

 

25 June 2019

Venture Life Group plc

("Venture Life" or the "Group")

Director dealings

Venture Life Group plc (AIM: VLG), a leader in developing, manufacturing and commercialising products for the international self-care market, announces that Jerry Randall, Chief Executive Officer, today gifted for nil consideration, 20,400 ordinary shares of 0.3 pence each in the capital of the Company ("Ordinary Shares") to his grandchildren.

Furthermore, Mr Randall transferred 47,600 Ordinary Shares into his ISA and 47,600 Ordinary Shares into his wife, Anne Randall's ISA account. These transfers were facilitated by way of a sale and repurchase at a price of 41.2 pence per Ordinary Share. Additionally, Alfie Randall Mr Randall's son and therefore a person closely associated with him, transferred 10,200 Ordinary Shares into his Junior ISA account via a sale and repurchase at a price of 41.2 pence per Ordinary Share.

Following these transactions, Mr Randall is interested in 3,910,729 Ordinary Shares, representing approximately 4.7% of the issued share capital of the Company.

For further information, please contact:

Venture Life Group PLC	[phone]
Jerry Randall, Chief Executive Officer
Cenkos Securities Ltd (Nomad and Broker)	[phone]
Mark Connelly / Stephen Keys / Cameron MacRitchie (Corporate Finance)
Russell Kerr / Michael Johnson (Sales)
Alma PR			[phone]
Rebecca Sanders-Hewett / Hilary Buchanan / Helena Bogle / Jessica Joynson

 About Venture Life (www.venture-life.com)

Venture Life is an international consumer self-care company focused on developing, manufacturing and commercialising products for the global self-care market. With operations in both the UK and Italy, the Group's product portfolio includes some key products such as the UltraDEX and Dentyl oral care product ranges, food supplements for maintaining brain function, medical devices for women's intimate healthcare and proctology and dermo-cosmetics for addressing the signs of ageing.

The products, which are typically recommended by pharmacists or healthcare practitioners, are available primarily through pharmacies and grocery multiples. In the UK these are supplied direct by the company, outside of the UK they are supplied by the Group's international distribution partners. 

Through its Development & Manufacturing business in Italy, Biokosmes, the Group also provides development and manufacturing services to companies in the medical devices and cosmetic sectors.

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jerry Randall
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Venture Life Group plc
b)	LEI	213800S8CZUPLAB2KC70
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 0.3p each in Venture Life Group plc
b)	Identification code	GB00BFPM8908
c)	Nature of the transaction	Sale of shares and purchase of shares made through ISA
d)	Price and volumes	Share Sale Share Purchase 47,600 47,600 41.15 pence 41.20 pence £19,587.40 £19,611.20
d)	Aggregated information  - Aggregated volume - Price	See above
e)	Date of the transaction	24 June 2019
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jerry Randall & Anne Randall
2	Reason for the notification
a)	Position/status	Jerry Randall, Chief Executive Officer Anne Randall a person closely associated with Jerry Randall
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Venture Life Group plc
b)	LEI	213800S8CZUPLAB2KC70
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 0.3p each in Venture Life Group plc
b)	Identification code	GB00BFPM8908
c)	Nature of the transaction	Sale of shares from Mr Randall's general holding and purchase of shares through Anne Randall's ISA
d)	Price and volumes	Share Sale Share Purchase 47,600 47,600 41.15 pence 41.20 pence £19,587.40 £19,611.20
d)	Aggregated information  - Aggregated volume - Price	See above
e)	Date of the transaction	24 June 2019
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alfie Randall
2	Reason for the notification
a)	Position/status	A person closely associated with Jerry Randall, Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Venture Life Group plc
b)	LEI	213800S8CZUPLAB2KC70
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 0.3p each in Venture Life Group plc
b)	Identification code	GB00BFPM8908
c)	Nature of the transaction	Sale of shares and purchase of shares made through ISA
d)	Price and volumes	Share Sale Share Purchase 10,200 10,200 41.15 pence 41.20 pence £4,197.30 £4,202.40
d)	Aggregated information  - Aggregated volume - Price	See above
e)	Date of the transaction	24 June 2019
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jerry Randall
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Venture Life Group plc
b)	LEI	213800S8CZUPLAB2KC70
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 0.3p each in Venture Life Group plc
b)	Identification code	GB00BFPM8908
c)	Nature of the transaction	Transfer of Ordinary Shares to his grandchildren for nil consideration
d)	Price and volumes	Price(s) Volume(s) Nil 20,400
d)	Aggregated information  - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	24 June 2019
f)	Place of the transaction	London Stock Exchange

 

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