Director/PDMR Shareholding

RNS Number : 3757N

Venture Life Group PLC

19 May 2020

 

19 May 2020

Venture Life Group plc

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

Director/PDMR Shareholding

Venture Life Group plc (AIM: VLG), a leader in developing, manufacturing and commercialising products for the international self-care market, announces that, Chief Executive Officer , Jerry Randall and his wife, Anne Randall, each transferred 20,400 ordinary shares of 0.3 pence each in the capital of the Company ("Ordinary Shares") into their respective ISA accounts. These transfers were facilitated by way of a sale and repurchase at a price of 65.65 pence per Ordinary Share on 18 May 2020.

Following these transactions Jerry Randall's beneficial interest remains unchanged at 3,769,729 Ordinary Shares, representing approximately 4.5 per cent. of the Company's issued share capital.

For further information, please contact:

Venture Life Group PLC	[phone]
Jerry Randall, Chief Executive Officer
Cenkos Securities plc (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 and repurchase of shares through ISA
d)	Price and volumes	Share Sale Share Purchase 20,400 shares 20,400 shares 65.50 pence 65.65 pence £13,361.00 £13,393.60
e)	Aggregated information  - Aggregated volume - Price	See above
f)	Date of the transaction	18 May 2020
g)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Anne Randall
2	Reason for the notification
a)	Position/status	Anne Randall  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 and repurchase of shares through ISA
d)	Price and volumes	Share Sale Share Purchase 20,400 shares 20,400 shares 65.50 pence 65.65 pence £13,361.00 £13,393.60
e)	Aggregated information  - Aggregated volume - Price	See above
f)	Date of the transaction	18 May 2020
g)	Place of the transaction	London Stock Exchange

 

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