Venture Life Regulatory News (VLG)

Venture Life Group plc

("Venture Life" or "the Company")

Director/PDMR Shareholding

Venture Life (AIM: VLG), the international consumer self-care group focused on developing, manufacturing and commercialising products for the self-care market announces that, on 16 April 2018, Gianluca Braguti, a Director of the Company, transferred a total of 2.3 million ordinary shares of 0.3p each in the Company for nil consideration, subject to the terms of a lock-in deed as described below, to his two sons and his former wife (the 'Locked-in Parties'). Following the transaction, Gianluca Braguti's beneficial interest is 4,785,459 ordinary shares representing 13.0 per cent. of the Company's issued share capital.

The Locked-in Parties have agreed not to dispose of their holdings in the Company (the 'Locked-in Shares') for a period of 24 months commencing on the date when the relevant ordinary shares are registered in the name of a Locked-in Party (the 'Lock-in Period'). In addition, the Locked-in Parties have agreed to an orderly market arrangement whereby, following expiry of the Lock-in Period for as long as Gianluca Braguti is a Director of the Company, they will only dispose of their Locked-in Shares via the Company's broker. The Locked-In Parties have also agreed that, for as long as Gianluca Braguti is a Director of the Company, all voting rights attached to their Locked-in Shares will be exercised as directed by him. 

Enquiries

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.