Transfer of Treasury Shares
Venture Life Group PLC has transferred 70,000 ordinary shares from treasury to settle employee share options, resulting in 128,860,145 ordinary shares in issue and 8,123,620 shares held in treasury. This adjustment means the total number of voting rights is now 120,736,525, which shareholders should use as the denominator for calculating their notification obligations under the FCA's Disclosure and Transparency Rules.
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Venture Life Group PLC (AIM: VLG), a leader in product innovation, development and commercialisation within the global consumer healthcare sector, announces that it has today transferred 70,000 ordinary shares of 0.3p each in the Company ("Ordinary Shares") out of treasury to settle options exercised by an employee in accordance with the Company's employee share option scheme.
Following the transfer, the total number of Ordinary Shares in issue will be 128,860,145, with 8,123,620 Ordinary Shares held in treasury. Therefore, the total number of voting rights will be 120,736,525. This figure 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.
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