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REG - Venture Life Group - AGM Statement

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RNS Number : 1116A  Venture Life Group PLC  22 May 2023

22(nd) May 2023

 

VENTURE LIFE GROUP PLC

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

 

AGM statement

 

Venture Life (AIM: VLG), a leader in developing, manufacturing and
commercialising products for the self-care market, will hold its Annual
General Meeting ("AGM") at 10:00am this morning. At the meeting, the Group's
Chair, Paul McGreevy will make the following statement:

 

"On behalf of the Board, I would like to take the opportunity to thank Venture
Life's employees for their continued commitment and support. The business is
in good health, consumer demand for our brands continues to grow and our order
book remains strong. The recent acquisition of HL Healthcare Limited ("HLH")
has been fully integrated and is performing as expected.

 

"In line with the comments made at the FY 2022 results at the beginning of
April, we remain cautiously optimistic about the outlook for the year ahead
and our ability to deliver full year performance in line with market
expectations. Further commentary on our first half trading will be provided in
our trading update in July 2023."

 

 

For further information, please contact:

Venture Life Group PLC
 
                +44 (0) 1344 578004

Jerry Randall, Chief Executive Officer

Daniel Wells, Chief Financial Officer

 

Cenkos Securities plc (Nomad and Joint
Broker)
                +44 (0) 20 7397 8900

Stephen Keys / Camilla Hume (Corporate Finance)

Michael Johnson (Sales)

 

Singer Capital Markets (Joint Broker)

Shaun Dobson / Alaina Wong  (Corporate Finance)
 
+44 (0) 20 74963000

Jonathan Dighe (Sales)

 

About Venture Life (www.venture-life.com (http://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, Italy, The Netherlands and
Sweden, the Group's product portfolio includes some key products such as the
UltraDEX and Dentyl oral care product ranges, the Balance Activ range in the
area of women's intimate healthcare, the Lift and Glucogel product ranges for
hypoglycaemia, Gelclair and Pomi-T for oncology support, products for fungal
infections and proctology, and dermo-cosmetics for addressing the signs of
ageing. Its products are sold in over 90 countries worldwide.

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 two Development & Manufacturing operations in Italy and
Sweden, the Group also provides development and manufacturing services to
companies in the medical devices and cosmetic sectors.

 

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.   END  AGMUASBROOUVUAR

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