TIDMVLG

RNS Number : 1158I

Venture Life Group PLC

09 December 2020

9 December 2020

Venture Life Group plc

("Venture Life" or the "Company")

PDMR Dealings and Issue of Equity

Further to the announcements made on 20 November 2020, 24 November and 8 December the Company confirms completion of the sale of an aggregate 8,173,343 Sale Shares and the Exercise of 1,735,744 EMI Options. The details of these transactions are set out below.

The Company further notifies that on 9 December 2020 Jerry Randall and Sharon Daly (nee Collins) sold 1,231,852 and 418,779 Ordinary Shares at a price of 90 pence per share respectively. The Company also notifies that on the 9 December 2020, that Mrs A. Randall, wife of Jerry Randall, acquired 1,231,852 Ordinary Shares at a price of 90.01 pence per Ordinary Share and Mr C. Daly, husband of Sharon Daly (nee Collins), acquired 418,779 Ordinary Shares at a price of 90.01 pence per Ordinary Share.

As a result of these transactions, the respective interests in the voting rights of the Company of Jerry Randall and Sharon Daly (nee Collins) remained unchanged and are as follows:

 
       Director         No. of Sale    EMI options   EMI Option       Resultant         % of voting 
         Name            Shares Sold    exercised     Exercise       shareholding        rights post 
                           at 90 p                      price      post transactions    transactions. 
                          per share 
                                                      45p per 
 Jerry Randall           2,752,751       705,700        share         1,844,865*            1.5% 
                                                       41p per 
                                         162,187        share 
                       -------------  ------------  -----------  -------------------  --------------- 
                                                      45p per 
 Sharon Daly             1,877,863       705,700        share        1,009,977**            0.8% 
                                                       41p per 
                                         162,187        share 
                       -------------  ------------  -----------  -------------------  --------------- 
 Gianluca 
  Braguti 
  and certain 
  of his associates.     3,542,729         NA            NA            3542,730             2.8% 
                       -------------  ------------  -----------  -------------------  --------------- 
 

* Of which Jerry Randall retains the beneficial interest 653,013 Ordinary Shares with the remaining 1,231,852 held by his wife, Mrs A. Randall.

** Of which Sharon Daly retains the beneficial interest in 591,197 Ordinary Shares with the remaining 418,779 being held by her husband, Mr C. Daly.

Capitalised terms used, but not defined, in this announcement have the same meaning as set out in the Circular.

For further information, please contact:

   Venture Life Group PLC     +44 (0) 1344 578004 

Jerry Randall, Chief Executive Officer

Andrew Waters, 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)

N+1 Singer (Joint Broker)

   Shaun Dobson / Carlo Spingardi (Corporate Finance)      +44 (0) 20 7496 3000 

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.

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                                1. Jerry Randall 
     -----------------------  ------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status                     1. Chief Executive Officer 
     -----------------------  ------------------------------------------- 
 b)   Initial notification     Further Notification 
       /Amendment 
     -----------------------  ------------------------------------------- 
 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              Ordinary Shares of 0.3p each in 
       of the financial         Venture Life Group plc 
       instrument, 
       type of instrument 
     -----------------------  ------------------------------------------- 
 b)   Identification           GB00BFPM8908 
       code 
     -----------------------  ------------------------------------------- 
 c)   Nature of the            Exercise of EMI Share Options and 
       transaction              Sales of Ordinary Shares 
     -----------------------  ------------------------------------------- 
 d)   Price and volumes             1. Sale of 2,752,751 Ordinary Shares 
                                     at a price of GBP0.90 
                                     2. 705,700 options exercised at 
                                     a price of GBP0.45 per Ordinary 
                                     Share and 162,187 options exercised 
                                     at a price of GBP0.41 per Ordinary 
                                     Share. 
                                     3. Sale of 1,231,852 Ordinary Shares 
                                     at a price of GBP0.90 
     -----------------------  ------------------------------------------- 
 e)   Aggregated information    See above 
       - Aggregated 
       volume 
       - Price 
     -----------------------  ------------------------------------------- 
 f)   Date of the              9 December 
       transaction 
     -----------------------  ------------------------------------------- 
 g)   Place of the             London Stock Exchange 
       transaction 
     -----------------------  ------------------------------------------- 
 
 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                2. Anne Randall 
     -----------------------  ------------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                     PCA to Jerry Randall, Chief Executive 
                                           Officer 
     -----------------------  ------------------------------------------------- 
 b)   Initial notification     Initial Notification 
       /Amendment 
     -----------------------  ------------------------------------------------- 
 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              Ordinary Shares of 0.3p each in Venture 
       of the financial         Life Group plc 
       instrument, 
       type of instrument 
     -----------------------  ------------------------------------------------- 
 b)   Identification           GB00BFPM8908 
       code 
     -----------------------  ------------------------------------------------- 
 c)   Nature of the            Exercise of EMI Share Options and Sales 
       transaction              of Ordinary Shares 
     -----------------------  ------------------------------------------------- 
 d)   Price and volumes             Purchase of 1,231,852 Ordinary Shares 
                                     at a price of GBP0.9001 
     -----------------------  ------------------------------------------------- 
 e)   Aggregated information    See above 
       - Aggregated 
       volume 
       - Price 
     -----------------------  ------------------------------------------------- 
 f)   Date of the              9 December 
       transaction 
     -----------------------  ------------------------------------------------- 
 g)   Place of the             London Stock Exchange 
       transaction 
     -----------------------  ------------------------------------------------- 
 
 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                3. Sharon Daly 
     -----------------------  ------------------------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------------------- 
 a)   Position/status                     Chief Commercial Officer 
     -----------------------  ------------------------------------------------------ 
 b)   Initial notification     Further Notification 
       /Amendment 
     -----------------------  ------------------------------------------------------ 
 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              Ordinary Shares of 0.3p each in Venture 
       of the financial         Life Group plc 
       instrument, 
       type of instrument 
     -----------------------  ------------------------------------------------------ 
 b)   Identification           GB00BFPM8908 
       code 
     -----------------------  ------------------------------------------------------ 
 c)   Nature of the            Exercise of EMI Share Options and Sales 
       transaction              of Ordinary Shares 
     -----------------------  ------------------------------------------------------ 
 d)   Price and volumes                   1. Sale of 1,877,863 ordinary shares at 
                                           a price of GBP0.90 per Ordinary Share 
                                           2. 705,700 options exercised at a price 
                                           of GBP0.45 per Ordinary Share and 162,187 
                                           options exercised at a price of GBP0.41 
                                           per Ordinary Share. 
                                           3. Sale of 418,779 Ordinary Shares at 
                                           a price of GBP0.90 
     -----------------------  ------------------------------------------------------ 
 e)   Aggregated information    See above 
       - Aggregated 
       volume 
       - Price 
     -----------------------  ------------------------------------------------------ 
 f)   Date of the              9 December 2020 
       transaction 
     -----------------------  ------------------------------------------------------ 
 g)   Place of the             London Stock Exchange 
       transaction 
     -----------------------  ------------------------------------------------------ 
 
 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                4. Chris Daly 
     -----------------------  -------------------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------------- 
 a)   Position/status                     PCA to Sharon Daly, Chief Commercial Officer 
     -----------------------  -------------------------------------------------------- 
 b)   Initial notification     Initial Notification 
       /Amendment 
     -----------------------  -------------------------------------------------------- 
 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              Ordinary Shares of 0.3p each in Venture 
       of the financial         Life Group plc 
       instrument, 
       type of instrument 
     -----------------------  -------------------------------------------------------- 
 b)   Identification           GB00BFPM8908 
       code 
     -----------------------  -------------------------------------------------------- 
 c)   Nature of the            Exercise of EMI Share Options and Sales 
       transaction              of Ordinary Shares 
     -----------------------  -------------------------------------------------------- 
 d)   Price and volumes                   Purchase of 418,779 Ordinary Shares at 
                                           a price of GBP0.9001 
     -----------------------  -------------------------------------------------------- 
 e)   Aggregated information    See above 
       - Aggregated 
       volume 
       - Price 
     -----------------------  -------------------------------------------------------- 
 f)   Date of the              9 December 2020 
       transaction 
     -----------------------  -------------------------------------------------------- 
 g)   Place of the             London Stock Exchange 
       transaction 
     -----------------------  -------------------------------------------------------- 
 
 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            5. Gianluca Braguti and certain 
                                       of his associates 
     -------------------------  ---------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                 Chief Manufacturing Officer 
     -------------------------  ---------------------------------------- 
 b)   Initial notification       Further Notification 
       /Amendment 
     -------------------------  ---------------------------------------- 
 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                Ordinary Shares of 0.3p each in 
       of the financial           Venture Life Group plc 
       instrument, 
       type of instrument 
     -------------------------  ---------------------------------------- 
 b)   Identification             GB00BFPM8908 
       code 
     -------------------------  ---------------------------------------- 
 c)   Nature of the              Sales of Ordinary Shares 
       transaction 
     -------------------------  ---------------------------------------- 
 d)   Price and volumes          Sale of 3,542,729 ordinary shares 
                                  at a price of GBP0.90 per Ordinary 
                                  Share 
     -------------------------  ---------------------------------------- 
 e)   Aggregated information      See above 
       - Aggregated 
       volume 
       - Price 
     -------------------------  ---------------------------------------- 
 f)   Date of the                9 December 2020 
       transaction 
     -------------------------  ---------------------------------------- 
 g)   Place of the               London Stock Exchange 
       transaction 
     -------------------------  ---------------------------------------- 
 

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December 09, 2020 09:28 ET (14:28 GMT)