Director/PDMR Shareholding

RNS Number : 5175Y

Venture Life Group PLC

17 May 2016

 

Venture Life Group PLC

("Venture Life" or the "Company")

Director/PDMR Shareholding

Bracknell, UK - 17 May 2016: Venture Life Group plc (AIM: VLG), the international consumer healthcare group addressing the self-care needs of the ageing population, announces that it was informed on 17 May 2016 that Mr. Jerry Randall, the Chief Executive Officer of the Company, has transferred 31,250 ordinary shares of 0.3p each in the Company ("Ordinary Shares") to his ISA (the "Transfer"). The Transfer was made on 16 May 2016 by way of a sale at a price of 62.00p per Ordinary Share and purchase at a price of 62.10p per Ordinary Share.  Following the Transfer, Mr. Randall's beneficial interest in the Company remains unchanged at 3,931,129 Ordinary Shares, representing approximately 10.7% of the issued share capital in the Company.

The Company previously announced on 9 May 2016 that Mr. Randall had sold and bought 20,000 Ordinary Shares as part of a transfer of Ordinary Shares to his SIPP.  The announcement should have stated that the transfer was to his ISA, not to his SIPP.

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

Brian Alexander                                                                                                               [phone]

About Venture Life

Venture Life is an international consumer self-care company focused on developing, manufacturing and commercialising products for the ageing population. The Group's product range and pipeline currently includes the UltraDEX oral care products range, food supplements for lowering cholesterol and maintaining brain function, dermo-cosmetics for addressing the signs of ageing, and medical devices for improving minor aches and pains, dry eyes and itchy skin. The products, which typically are recommended by pharmacists or healthcare practitioners, are available primarily through pharmacies supplied by the Group's international distribution partners.

Through its manufacturing company, Biokosmes, the Group also provides development and manufacturing services to companies in the medical devices and cosmetic sectors.

 

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