Venture Life Group PLC Grant of Options (8950Y)
06 Gennaio 2020 - 4:38PM
UK Regulatory
TIDMVLG
RNS Number : 8950Y
Venture Life Group PLC
06 January 2020
6 January 2020
Venture Life Group plc
("Venture Life" or the "Company")
Grant of Options
Venture Life (AIM: VLG), the international consumer self-care
group focused on developing, manufacturing and commercialising
products for the self-care market, announces that it has granted
further share options ("Options") over ordinary shares of 0.3 pence
each in the capital of the Company ("Ordinary Shares").
On 6 January 2020 (the "Date of Grant"), Venture Life granted
Options over a total of 4,000,000 Ordinary Shares to its four
Executive Directors at a strike price of 33.7 pence per share,
being the average of the closing market price on the five business
days starting 19 December 2019. Vesting of the Options is subject
to continued employment. The Options will vest in equal tranches on
the following dates: 31 March 2020, 31 March 2021 and 31 March
2022.
Director Position Number of Options in this
grant
Jerry Randall Chief Executive Officer 1,000,000
-------------------------- --------------------------
Chief Manufacturing
Gianluca Braguti Officer 1,000,000
-------------------------- --------------------------
Sharon Collins Chief Commercial Officer 1,000,000
-------------------------- --------------------------
Andrew Waters Chief Financial Officer 1,000,000
-------------------------- --------------------------
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
1. Details of the person discharging managerial responsibilities
/ person closely associated
a.) Names 1. Jerry Randall
2. Gianluca Braguti
3. Sharon Collins
4. Andrew Waters
--------------------------- --------------------------------------
2. Reason for the notification
-------------------------------------------------------------------
a.) Position/status 1. Chief Executive Officer
2. Chief Manufacturing Officer
3. Chief Commercial Officer
4. Chief Financial 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 of the Options over Ordinary Shares of 0.3
financial instrument, pence each in Venture Life Group plc
type of instrument
--------------------------- --------------------------------------
b.) Identification code GB00BFPM8908
--------------------------- --------------------------------------
c.) Nature of the transaction Grant of Options over Ordinary Shares
--------------------------- --------------------------------------
d.) Price and volumes Price Volume
1. 33.7 pence 1. 1,000,000
2. 33.7 pence 2. 1,000,000
3. 33.7 pence 3. 1,000,000
4. 33.7 pence 4. 1,000,000
--------------
--------------------------- --------------------------------------
e.) Aggregated information
- Aggregated volume n/a
- Price
--------------------------- --------------------------------------
f.) Date of the transaction 6 January 2020
--------------------------- --------------------------------------
g.) Place of the transaction Outside a trading venue
--------------------------- --------------------------------------
For further information please contact:
+44 (0) 1344 578
Venture Life Group PLC 004
Jerry Randall, Chief Executive Officer
Andrew Waters, Chief Financial Officer
Cenkos (Nominated Adviser and Joint Broker) +44 (0) 207 397 8900
Mark Connelly / Stephen Keys / Cameron MacRitchie
(Corporate Finance) / Russell Kerr / Michael Johnson
(Sales)
Alma PR venturelife@almapr.com or +44 (0)
203 405 0208
Helena Bogle/Hilary Buchanan/Jessica
Joynson
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHFLFVELRIRIII
(END) Dow Jones Newswires
January 06, 2020 10:38 ET (15:38 GMT)
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