Exercise of Share Options & Voting Rights

RNS Number : 2454C

Venture Life Group PLC

15 October 2020

 

15 October 2020

Venture Life Group plc

("Venture Life" or the "Company")

Exercise of Share Options & Voting Rights

Venture Life (AIM: VLG), a leading developer, manufacturer and distributer of consumer self-care products, announces that is has issued 313,900 ordinary shares of 0.3 pence each in the capital of the Company ("Ordinary Shares") in accordance with an exercise of employee share options.

Application will be made to the London Stock Exchange for the 313,900 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 19 October 2020.

Following Admission, the total number of Ordinary Shares in issue will be 84,026,006 and the total number of voting rights will therefore be 84,026,006. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

Venture Life Group PLC    [phone]
Jerry Randall, Chief Executive Officer
Andrew Waters, Chief Financial Officer

Cenkos Securities plc (Nomad and Joint Broker)    [phone]
Stephen Keys / Cameron MacRitchie (Corporate Finance)
Russell Kerr / Michael Johnson (Sales)

N+1 Singer (Joint Broker)
Shaun Dobson / Carlo Spingardi (Corporate Finance)      [phone]
Jonathan Dighe (Sales)    

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 the UK, The Netherlands 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, fungal infections 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 and The Netherlands these are supplied direct by the company to retailers, elsewhere 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.

 

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