TIDMVLG

RNS Number : 7997O

Venture Life Group PLC

10 November 2016

10 November 2016

Venture Life Group plc

("Venture Life", the "Company" or the "Group")

Directorate Change

Venture Life (AIM: VLG), the international consumer self-care group focused on developing, manufacturing and commercialising products for the ageing population, announces that James Hunter, Chief Financial Officer and Company Secretary, has informed the Board of his intention to leave the Company to pursue a new opportunity outside of the Group. James will remain in his role until the end of November 2016, at which time he will also step down from the Board.

Jerry Randall, Chief Executive Officer of Venture Life, said: "On behalf of everyone at Venture Life, I would like to thank James for his valuable contribution to the business. He has played a key role as we have grown the business through an IPO and two strategic acquisitions, to a point where the Group has recently reported its maiden interim EBITDA profit. James has been a valued colleague, and the Board and I wish him well for the future."

The Board has initiated a recruitment process to appoint a new Chief Financial Officer and will provide a further update in due course.

For further information please contact:

 
 Venture Life Group PLC                            +44 (0) 1344 742870 
 Jerry Randall, Chief Executive 
  Officer 
 
 Panmure Gordon (UK) Limited (Nominated                +44 (0) 20 7886 
  Adviser and Joint Broker)                                       2500 
 Freddy Crossley/Peter Steel/Duncan 
  Monteith (Corporate Finance) 
 Tom Salvesen (Corporate Broking) 
 
 Turner Pope Investments (TPI) Ltd                     +44 (0) 20 3621 
  (Joint Broker)                                                  4120 
 James Pope/Ben Turner 
 
 Walbrook PR                                venturelife@walbrookpr.com 
                                               or +44 (0) 20 7933 8780 
 Paul McManus/Anna Dunphy                   +44 (0) 7980 541 893 / +44 
                                                      (0) 7876 741 001

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 (MAR).

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 10, 2016 02:01 ET (07:01 GMT)

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