TIDMVLG

RNS Number : 5172P

Venture Life Group PLC

20 June 2022

20 June 2022

VENTURE LIFE GROUP PLC

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

Results of AGM

Venture Life (AIM: VLG), a leader in developing, manufacturing and commercialising products for the international self-care market, held its Annual General Meeting ("AGM") earlier today at the offices of Simmons & Simmons LLP, CityPoint, 1 Ropemaker St, London EC2V 9HT.

Ordinary resolutions 1 to 5 were duly passed together with special resolution 7. Special resolution 6 was not passed. Proxy votes were received in respect of approximately 68% of the Company's issued share capital and the final votes received in respect of each resolution were as follows:

 
         Resolution              Number     % Votes     Number     % Votes     Number 
                                of votes      for      of votes     against    of votes 
                                   for                  against                withheld 
 1. To receive and 
  adopt the reports 
  of the Directors 
  and auditor and the 
  audited accounts 
  of the Company for 
  the year ended 31 
  December 2021                84,876,146   99.41%     500,565      0.59%       1,000 
                              -----------  --------  -----------  ---------  ---------- 
 2. To re-elect as 
  a Director, Sharon 
  Daly (nee Collins), 
  who seeks re-election        85,354,797   99.97%      21,513      0.03%       1,401 
                              -----------  --------  -----------  ---------  ---------- 
 3. To appoint Daniel 
  Wells as a Director 
  of the Company               85,354,797   99.97%      21,513      0.03%       1,401 
                              -----------  --------  -----------  ---------  ---------- 
 4. To appoint Paul 
  McGreevy as Non-Executive 
  Director and Chair 
  of the Company               85,350,997   99.97%      25,313      0.03%       1,401 
                              -----------  --------  -----------  ---------  ---------- 
 5. The Directors 
  are authorised to 
  allot shares in the 
  Company                      63,554,349   74.44%    21,822,362    25.56%      1,000 
                              -----------  --------  -----------  ---------  ---------- 
 6. The Directors 
  are authorised to 
  allot equity securities 
  for cash                     65,519,931   74.40%    21,856,780    25.60%      1,000 
                              -----------  --------  -----------  ---------  ---------- 
 7. The Company is 
  authorised to make 
  one or more market 
  purchases of ordinary 
  shares                       85,355,463   99.97%      22,248      0.03%         - 
                              -----------  --------  -----------  ---------  ----------

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)

Russell Kerr / 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 )

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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June 20, 2022 09:31 ET (13:31 GMT)

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