TIDMVLG

RNS Number : 5035O

Venture Life Group PLC

10 June 2022

10 June 2022

VENTURE LIFE GROUP PLC

("Venture Life", "VLG" or the "Company")

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 Paul McGreevy, Non-Executive Chairman, today purchased 138,571 ordinary shares of 0.3p each in the Company ("Ordinary Shares") at 35 pence per Ordinary Share.

Following this purchase, Mr Mcgreevy beneficially holds 287,439 Ordinary Shares representing approximately 0.23 per cent. of the Company's issued share capital.

For further information, please contact:

Venture Life Group PLC +44 (0) 1344 578004

Jerry Randall, Chief Executive Officer

Daniel Wells, Chief Financial Officer

Cenkos Securities plc (Nomad and Joint Broker) +44 (0) 20 7397 8900

Stephen Keys / Camilla Hume (Corporate Finance)

Russell Kerr / Michael Johnson (Sales)

Singer Capital Markets (Joint Broker)

Shaun Dobson / Alaina Wong (Corporate Finance) +44 (0) 20 74963000

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, Italy, The Netherlands and Sweden, the Group's product portfolio includes some key products such as the UltraDEX and Dentyl oral care product ranges, the Balance Activ range in the area of women's intimate healthcare, the Lift and Glucogel product ranges for hypoglycaemia, Gelclair and Pomi-T for oncology support, products for fungal infections and proctology, and dermo-cosmetics for addressing the signs of ageing. Its products are sold in over 90 countries worldwide.

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 two Development & Manufacturing operations in Italy and Sweden, 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:

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        Paul McGreevy 
     --------------------------  ---------------------------------------- 
      Reason for the notification 
  2 
     -------------------------------------------------------------------- 
 a)   Position/status             Non-Executive Chairman 
     --------------------------  ---------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ---------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------- 
 a)   Name                        Venture Life Group plc 
     --------------------------  ---------------------------------------- 
 b)   LEI                         213800S8CZUPLAB2KC70 
     --------------------------  ---------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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          Ordinary Shares of 0.3p each in Venture 
       financial instrument,       Life Group plc 
       type of instrument 
 
 
       Identification code         GB00BFPM8908 
     --------------------------  ---------------------------------------- 
 b)   Nature of the transaction   Purchase of ordinary shares 
     --------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)        Volume    Price 
                                     100,000   35.00p 
                                              ------- 
                                     38,571    35.00p 
                                              ------- 
     --------------------------  ---------------------------------------- 
 d)   Aggregated information      138,571 Ordinary Shares at a volume 
                                   weighted average price of 35.00 pence 
                                   per Ordinary Share 
       - Aggregated volume 
 
 
       - Price 
     --------------------------  ---------------------------------------- 
 e)   Date of the transaction     10 June 2022 
     --------------------------  ---------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ---------------------------------------- 
 

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END

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(END) Dow Jones Newswires

June 10, 2022 07:21 ET (11:21 GMT)

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