REG - Venture Life Group - Share Buyback Programme

Venture LifeAnnouncement

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RNS Number : 3075B  Venture Life Group PLC  30 September 2025

30 September 2025

 

VENTURE LIFE GROUP PLC

 

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

 

Share Buyback Programme

 

Venture Life Group plc (AIM: VLG), a recognised leader in proactive healthy
longevity, product innovation, development, and commercialisation within the
global consumer healthcare sector, is pleased to announce that, following
publication of the Company's interim results for the six months ended 30 June
2025, it will commence a share buyback programme (the "Programme") with
immediate effect.

 

The Board believes that Venture Life's Ordinary Shares are undervalued
relative to the Group's strong fundamentals and growth potential. By
undertaking the Programme, the Company aims to enhance earnings per share and
deliver greater value to its shareholders. The Programme will be funded from
the Company's existing cash resources and is intended to reduce the share
capital of the Company.

 

Pursuant to the terms of the Programme, the Company is seeking to repurchase
up to 12,805,231 ordinary shares of 0.3 pence each in the capital of the
Company ("Ordinary Shares"), representing approximately 10 per cent. of the
Company's existing issued share capital, in the market over the course of the
period from the date of this announcement until 31 July 2026 (the "Expiry
Date").

 

Ordinary Share repurchases will be made pursuant to the buyback authority
granted at the Company's last Annual General Meeting. The maximum price which
may be paid by the Company per Ordinary Share pursuant to the Programme shall
not be more than 5 per cent above the average middle market quotations for an
Ordinary Share (as derived from the London Stock Exchange AIM All-Share List)
for the five business days immediately preceding the date on which such share
is contracted to be purchased.

The Company has appointed Cavendish Capital Markets Limited ("Cavendish") to
manage the Programme on its behalf on a broker-managed basis, with trading
decisions taken independently of, and uninfluenced by, the Company. There is
no certainty that the Programme will be completed and it may be paused at any
time if deemed appropriate by Cavendish with respect to market conditions.

Venture Life intends to hold all of the repurchased Ordinary Shares as
Treasury Shares.

The Company has determined that it will not rely on the safe harbour
conditions for trading set out in Article 3(2) and Article 3(3) of the
Commission Delegated Regulation (EU) 2016/1052 (which forms part of domestic
UK law pursuant to the European Union (Withdrawal) Act 2018) given the limited
liquidity in the Ordinary Shares and limitations that the conditions would
impose on the number of Ordinary Shares that can be purchased and, as such,
the Company may (a) purchase Ordinary Shares at a price higher than the higher
of the price of the last independent trade and the highest current independent
bid for an Ordinary Share, and (b) purchase on any trading day materially in
excess of 25 per cent of the average daily volume in the 20 trading days
preceding the date on which the purchase is carried out.

As at 29 September 2025, the Company's total issued share capital consisted of
128,052,312  Ordinary Shares, with one voting right per share. As at this
date the Group did not hold any Ordinary Shares in treasury.  Therefore, the
total number of voting rights in the Group is 128,052,312.

 

For further information, please contact:

Venture Life Group
PLC
                +44 (0) 1344 578004

Jerry Randall, Chief Executive Officer

Daniel Wells, Chief Financial Officer

Cavendish Capital Markets Limited (Nomad and
Broker)
           +44 (0) 20 7720 0500

Stephen Keys/George Lawson (Corporate Finance)

Michael Johnson (Sales)

 

About Venture Life (www.venture-life.com (http://www.venture-life.com/) )

Venture Life is an international consumer self-care company focused on
commercialising products for the global self-care market. Headquartered in
the UK, the Group's product portfolio includes Balance Activ in the area of
women's intimate healthcare, Earol® supporting ENT care, Lift and Glucogel
product ranges for energy and glucose management and hypoglycaemia, plus the
Health & Her product range supporting the hormonal lifecycle.

The products, which are typically recommended by pharmacists or healthcare
practitioners, are available primarily through health & beauty stores,
pharmacies, grocery multiples and e-commerce channels and are sold globally.
In the UK,  Ireland and the USA these are supplied direct by the company to
retailers, elsewhere they are supplied by the Group's international
distribution partners.

 

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