Venture Life Group PLC PDMR Shareholdings -- Grant of Awards (9680E)
05 Julio 2023 - 1:00AM
UK Regulatory
TIDMVLG
RNS Number : 9680E
Venture Life Group PLC
05 July 2023
Venture Life Group Plc
("Venture Life" or the "Company")
PDMR Shareholdings - Grant of Awards
Venture Life Group plc (AIM: VLG), a leader in developing,
manufacturing and commercialising products for the international
self-care market, announces that, pursuant to the Company's 2023
Long Term Incentive Plan ("LTIP"), it has granted options to
subscribe for an aggregate of 3,000,000 ordinary shares of 0.3p
each in the capital of the Company (the "Options") to the Company's
Executive Directors, as follows:
Director Number of Options Exercise Price
granted
Jerry Randall 1,000,000 38.10 pence
------------------ ---------------
Daniel Wells 1,000,000 38.10 pence
------------------ ---------------
Gianluca Braguti 1,000,000 38.10 pence
------------------ ---------------
The Options (which are subject to malus and clawback provisions)
will vest after three years following publication of the Company's
annual results for 2025 and will be exercisable within 7 years of
vesting. Vesting is conditional on the achievement of certain
performance criteria which include a total shareholder return and
earnings per share measurement.
The grant of the Options constitutes a related party transaction
for the purposes of AIM Rule 13. The independent directors
consider, having consulted with the Company's nominated adviser,
that the terms of the transaction are fair and reasonable insofar
as its shareholders are concerned.
Further detail is provided below in accordance with Article 19.3
of the EU Market Abuse Regulation.
For further information, please contact:
+44 (0) 1344
Venture Life Group PLC 578004
Jerry Randall, Chief Executive Officer
Daniel Wells, Chief Financial Officer
+44 (0) 20 7397
Cenkos Securities plc (Nomad and Broker) 8900
Stephen Keys / Camilla Hume
Russell Kerr / Michael Johnson (Sales)
Singer Capital Markets (Joint Broker)
Shaun Dobson / Alaina Wong (Corporate Finance) +44 (0) 20 7496
Jonathan Dighe (Sales) 3000
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Jerry Randall
------------------------------- ----------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Chief Executive
------------------------------- ----------------------------------
b) Initial notification Initial
/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
financial instrument,
type of instrument
ISIN: GB00BFPM8908
Identification code
------------------------------- ----------------------------------
b) Nature of the transaction Grant of options
------------------------------- ----------------------------------
Price(s) and volume(s) Price(s) Volume(s)
38.10 pence 1,000,000
c) ----------
------------------------------- ----------------------------------
d) Aggregated information n/a - see above
- Aggregated volume
- Price
------------------------------- ----------------------------------
e) Date of the transaction 5 July 2023
------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- ----------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Daniel Wells
------------------------------- ----------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Chief Finance Officer
------------------------------- ----------------------------------
b) Initial notification Initial
/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
financial instrument,
type of instrument
ISIN: GB00BFPM8908
Identification code
------------------------------- ----------------------------------
b) Nature of the transaction Grant of options
------------------------------- ----------------------------------
Price(s) and volume(s) Price(s) Volume(s)
38.10 pence 1,000,000
c) ----------
------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume n/a - see above
- Price
------------------------------- ----------------------------------
e) Date of the transaction 5 July 2023
------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- ----------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Gianluca Braguti
------------------------------- ----------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Chief Manufacturing Officer
------------------------------- ----------------------------------
b) Initial notification Initial
/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
financial instrument,
type of instrument
ISIN: GB00BFPM8908
Identification code
------------------------------- ----------------------------------
b) Nature of the transaction Grant of options
------------------------------- ----------------------------------
Price(s) and volume(s) Price(s) Volume(s)
38.10 pence 1,000,000
c) ----------
------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume n/a - see above
- Price
------------------------------- ----------------------------------
e) Date of the transaction 5 July 2023
------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- ----------------------------------
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
DSHFLFFRDLISIIV
(END) Dow Jones Newswires
July 05, 2023 02:00 ET (06:00 GMT)
Venture Life (LSE:VLG)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
Venture Life (LSE:VLG)
Gráfica de Acción Histórica
De May 2023 a May 2024
