I don't think a `<ul>` inside a `<span>` is even valid html.  Can you do this instead?

```html
 <span translate> This Version cannot be deleted from some of the Lifecycle Environments due to one of the following.</span>
 <ul>
   <li translate> No "Promote/Remove" permissions on the Lifecycle Environment.</li>
   <li translate> No "Edit" permissions on some of the Content Hosts in that Lifecycle Environment.</li>
   <li translate> No "Edit" permissions on some of the Activation Keys in that Lifecycle Environment.</li>
 </ul>  
```