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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Venture Life Group Plc | LSE:VLG | London | Ordinary Share | GB00BFPM8908 | ORD 0.3P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 48.75 | 48.00 | 49.50 | 49.50 | 48.75 | 48.75 | 0.00 | 08:00:10 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Misc Retail Stores, Nec | 51.41M | 921k | 0.0073 | 66.78 | 61.34M |
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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