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IN BRIEF: Venture Life confident in outlook for year; performs in line

4th Jun 2024 15:12

Venture Life Group PLC - Berkshire, England-based developer and manufacturer for the self-care market - Ahead of its annual general meeting, says it remains confident about outlook for year ahead and its ability to deliver full year performance in line with management's expectations.

Notes that a planned resolution to increase its equity allotment facility was withdrawn, due to a lack of shareholder support.

Chair Paul McGreevy says: "On behalf of the board, I would once again like to take this opportunity to thank Venture Life's employees for their ongoing commitment and support. The business continues to perform well and our increased focus on promoting the VLG owned brands is delivering pleasing results, with an additional 35 new listings secured within UK retail since the beginning of the year."

Current stock price: 41.40 pence each, down 2.0% on Tuesday

12-month change: up 7.5%

By Sophie Rose, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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