Venture Life's CFO resigns

Venture Life, the AIM-listed international consumer self-care group focused on developing, manufacturing and commercializing products for the ageing population, announced that its chief financial officer and company secretary James Hunter has decided to leave the company.

Hunter has informed the board of his intention to pursue a new opportunity outside of the group. He will remain in his role until the end of November 2016.

Chief executive Jerry Randall said Hunter: “has played a key role as we have grown the business through an IPO and two strategic acquisitions, to a point where the Group has recently reported its maiden interim EBITDA profit. James has been a valued colleague, and the board and I wish him well for the future."

The board has initiated a recruitment process to appoint a new CFO and will provide an update in due course.

The share price rose 1.94% to 79p at 1206 GMT on Thursday.