Venture Life Group PLC Completion of Placing and Acquisition (1244X)
August 08 2018 - 2:01AM
UK Regulatory
TIDMVLG
RNS Number : 1244X
Venture Life Group PLC
08 August 2018
8 August 2018
Venture Life Group plc
("Venture Life" or "the Company" or "the Group")
Completion of Placing and Acquisition
Venture Life Group plc (AIM: VLG) is pleased to announce that,
further to the announcement made on 6 August 2018, Admission to AIM
of the 46,875,000 new Ordinary Shares ("Admission") became
effective at 8.00am yesterday thereby satisfying all the conditions
relating to the Placing. In addition, the Company is also pleased
to announce that the Acquisition of the Dentyl Business has
completed.
Further details regarding the Placing and the Acquisition can be
found in the announcement issued by the Company on 20 July 2018 and
in the Circular posted to Shareholders on that same day, which are
available to view on the Company's website: www.venture-life.com.
Capitalised terms used, but not defined, in this announcement have
the same meaning as set out in the Circular.
Following Admission, the Company's issued ordinary share capital
consists of 83,712,106 Ordinary Shares; no shares are held in
treasury. The above figure of 83,712,106 Ordinary Shares may be
used by Shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest in, or a change to their interest in the voting rights of
the Company under the FCA's Disclosure Guidance and Transparency
Rules.
Contacts:
+44 (0) 1344 578
Venture Life Group PLC 004
Jerry Randall, Chief Executive Officer
Adrian Crockett, Chief Financial Officer
Northland Capital Partners Limited (Nominated +44 (0) 20 3861
Adviser and Joint Broker) 6625
Matthew Johnson/Edward Hutton (Corporate Finance)
Vadim Alexandre (Corporate Broking)
+44 (0) 20 7397
Cenkos Securities plc (Joint Broker) 8900
Camilla Hume/Mark Connelly (Corporate Finance)
Russell Kerr/Michael Johnson (Sales)
+44 (0) 20 3621
Turner Pope Investments (TPI) Ltd (Joint Broker) 4120
Andy Thacker
Walbrook PR venturelife@walbrookpr.com or +44
(0) 20 7933 8780
Anna Dunphy +44 (0) 7876 741 001
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END
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