Last checked at 10 Nov 2016 07:00
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 |
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Panmure Gordon (UK) Limited (Nominated Adviser and Joint Broker) | +44 (0) 20 7886 2500 | |
Freddy Crossley/Peter Steel/Duncan Monteith (Corporate Finance) |
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Tom Salvesen (Corporate Broking) |
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Turner Pope Investments (TPI) Ltd (Joint Broker) | +44 (0) 20 3621 4120 | |
James Pope/Ben Turner |
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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).