'1000 Companies to Inspire Britain' 2017 report

RNS Number : 6034E

Venture Life Group PLC

10 May 2017

 

Venture Life Group plc

("Venture Life" or the "Company")

London Stock Exchange's '1000 Companies to Inspire Britain' 2017

Venture Life (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 2017' report for the second consecutive year.  The report, in its fourth year, seeks to identify the fastest-growing and most dynamic small and medium sized businesses in the UK.

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 http://www.lseg.com/resources/1000-companies-inspire. Jerry Randall has been invited to speak at the launch event today as part of a panel discussion along with 3 other key speakers, followed by a special reception at 10 Downing Street.

Jerry Randall, Chief Executive Officer of Venture Life Group, said: "This is great news for us to be featured in '1000 Companies to Inspire Britain' 2017 for the second year in a row. We are pleased to see that our development and growth over the last year has been recognised and is seen by others as something to celebrate. We were able to announce our first EBITDA profit, for the year to December 2016, demonstrating the focused strategy of the Group is working. We have managed to increase revenues through our business and in 2016 the Group demonstrated its ability to grow successfully through both organic and acquisitive means."

For further information please contact:

Venture Life Group PLC		[phone]
Jerry Randall, Chief Executive Officer
Adrian Crockett, Chief Financial Officer
Northland Capital Partners Limited (Nominated Adviser and Joint Broker)		[phone]
Matthew Johnson / Edward Hutton / Margarita Mitropoulou (Corporate Finance)
Bob Pountney / John Howes (Corporate Broking)
Turner Pope Investments (TPI) Ltd (Joint Broker)		[phone]
James Pope / Ben Turner
Walbrook PR	[e-mail] or + 44 (0) 20 7933 8780
Paul McManus / Anna Dunphy	[phone] / [phone]

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 ageing population. The Group's product portfolio includes some key products such as the UltraDEX oral care products range, food supplements for lowering cholesterol and maintaining brain function, medical devices for women's intimate healthcare and haemorrhoids 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 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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