leadf
logo-loader
RNS
viewVenture Life Group

Venture Life Group - Director/PDMR Shareholding

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 Name

No. of Sale Shares Sold at 90 p per share

EMI options exercised

EMI Option Exercise price

Resultant shareholding post transactions

% of voting rights post transactions.

Jerry Randall

2,752,751

705,700

162,187

45p per share

41p per share

 

1,844,865*

1.5%

Sharon Daly

1,877,863

705,700

162,187

45p per share

41p per share

 

1,009,977**

0.8%

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 /Amendment

Further Notification

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 financial instrument, type of instrument

Ordinary Shares of 0.3p each in Venture Life Group plc

b)

Identification code 

GB00BFPM8908

c)

Nature of the transaction 

Exercise of EMI Share Options and Sales of Ordinary Shares

d)

 

Price and volumes

1.    Sale of 2,752,751 Ordinary Shares at a price of £0.90

2.    705,700 options exercised at a price of £0.45 per Ordinary Share and 162,187 options exercised at a price of £0.41 per Ordinary Share.

3.    Sale of 1,231,852 Ordinary Shares at a price of £0.90

 

e)

 

Aggregated information 

- Aggregated volume

- Price

 See above

 

f)

Date of the transaction 

9 December

g)

Place of the transaction

London Stock Exchange

 

 

 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 /Amendment

Initial Notification

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 financial instrument, type of instrument

Ordinary Shares of 0.3p each in Venture Life Group plc

b)

Identification code 

GB00BFPM8908

c)

Nature of the transaction 

Exercise of EMI Share Options and Sales of Ordinary Shares

d)

 

Price and volumes

Purchase of 1,231,852 Ordinary Shares at a price of £0.9001

 

e)

 

Aggregated information 

- Aggregated volume

- Price

 See above

 

f)

Date of the transaction 

9 December

g)

Place of the transaction

London Stock Exchange

 

 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 /Amendment

Further Notification

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 financial instrument, type of instrument

Ordinary Shares of 0.3p each in Venture Life Group plc

b)

Identification code 

GB00BFPM8908

c)

Nature of the transaction 

Exercise of EMI Share Options and Sales of Ordinary Shares

d)

 

Price and volumes

1.    Sale of 1,877,863 ordinary shares at a price of £0.90 per Ordinary Share

2.    705,700 options exercised at a price of £0.45 per Ordinary Share and 162,187 options exercised at a price of £0.41 per Ordinary Share.

3.    Sale of 418,779 Ordinary Shares at a price of £0.90

 

 

 

e)

 

Aggregated information 

- Aggregated volume

- Price

 See above

 

f)

Date of the transaction 

9 December 2020

g)

Place of the transaction

London Stock Exchange

 

 

 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 /Amendment

Initial Notification

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 financial instrument, type of instrument

Ordinary Shares of 0.3p each in Venture Life Group plc

b)

Identification code 

GB00BFPM8908

c)

Nature of the transaction 

Exercise of EMI Share Options and Sales of Ordinary Shares

d)

 

Price and volumes

Purchase of 418,779 Ordinary Shares at a price of £0.9001

 

 

 

e)

 

Aggregated information 

- Aggregated volume

- Price

 See above

 

f)

Date of the transaction 

9 December 2020

g)

Place of the transaction

London Stock Exchange

 

 

 

 

 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 /Amendment

Further Notification

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 financial instrument, type of instrument

Ordinary Shares of 0.3p each in Venture Life Group plc

b)

Identification code 

GB00BFPM8908

c)

Nature of the transaction 

Sales of Ordinary Shares

d)

 

Price and volumes

Sale of 3,542,729 ordinary shares at a price of £0.90 per Ordinary Share

e)

 

Aggregated information 

- Aggregated volume

- Price

 See above

 

f)

Date of the transaction 

9 December 2020

g)

Place of the transaction

London Stock Exchange

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHFLFFSFDLAIII

Quick facts: Venture Life Group

Price: -

Market: AIM
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

12 min read