Venture Life Group (VLG)

Sector:

Health Care

Index:

FTSE AIM All-Share

40.25p
   
  • Change Today:
    -0.25p
  • 52 Week High: 42.25
  • 52 Week Low: 27.50
  • Currency: UK Pounds
  • Shares Issued: 126.50m
  • Volume: 8,054
  • Market Cap: £50.92m

Venture Life expands markets for UltraDEX and Myco Clear

By Josh White

Date: Monday 04 Jun 2018

LONDON (ShareCast) - (Sharecast News) - Consumer self-care company Venture Life updated the market on its UltraDEX and Myco Clear brands on Monday, confirming the launch of UltraDEX at Lloyds Pharmacy in the UK from 18 June.
The AIM-traded firm said initially, it would bring the brand an additional 580 new listings through the introduction of UltraDEX Oral Rinse and UltraDEX Fresh Breath spray in stores.

In addition, Lloyds Pharmacy would list the two products, as well as the UltraDEX Toothpaste, in its online store, where it would be available to purchase online or via click and collect in store.

Venture Life described Lloyds Pharmacy as a "leading community pharmacy and healthcare provider" with more than 1,500 storefronts across the UK, mainly in community and health centre locations.

Separately, Venture Life also announced a new distribution deal with the international pharmaceutical company Jaba Recordati in Portugal for Myco Clear - a range which it said helped treat and prevent nail fungal infections.

Launch would take place later in the year, or in the first quarter of 2019.

"I am delighted that we have now been able to get the UltraDEX range into Lloyds Pharmacy, the second largest chain of pharmacies in the UK," said chief executive officer Jerry Randall.

"Our store listings are now 20% higher than one year ago - this reflects the continued commercial development of the UltraDEX brand in the UK.

"This increase of distribution also illustrates the growing momentum of the brand along with the launch of the new UltraDEX One GOÔ in Superdrug."

Randall said the company had seen a "high level of interest" in its new products developed for the UltraDEX range, and expected to provide further news in the area "soon".

"I am also delighted to announce the new distribution agreement of Myco Clear with Jaba, who are a significant player in the European OTC market.

"This opportunity adds to a number of products we already supply to the Recordati Group.

"The adoption of Myco Clear by such a prestigious company validates the innovative and high quality nature of our products in this area."

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VLG Market Data

Currency UK Pounds
Share Price 40.25p
Change Today -0.25p
% Change -0.62 %
52 Week High 42.25
52 Week Low 27.50
Volume 8,054
Shares Issued 126.50m
Market Cap £50.92m

VLG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.27% above the market average93.27% above the market average93.27% above the market average93.27% above the market average93.27% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
57.57% above the market average57.57% above the market average57.57% above the market average57.57% above the market average57.57% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Income Not Available
Growth
19.83% above the market average19.83% above the market average19.83% above the market average19.83% above the market average19.83% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average

VLG Dividends

  Latest Previous
  Final Interim
Ex-Div 24-May-18 n/a
Paid 22-Jun-18 n/a
Amount 0.040p 0.000p

Trades for 16-May-2024

Time Volume / Share Price
10:02 7,054 @ 40.05p
08:09 1,000 @ 40.00p

VLG Key Personnel

CEO Jerry Randall
CFO Daniel Wells

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