Grants of Options & PDMR dealings

Itaconix

07/04/2025 07:00

RNS Number : 8181D

Itaconix PLC

07 April 2025

 

For release 7 April 2025

Itaconix plc

("Itaconix" or the "Company")

 

Grants of Options & PDMR dealings

 

Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in sustainable plant-based polymers used to decarbonise everyday consumer products, announces a grant of options to certain PDMRs.

 

On 7 April 2025, a total of 66,500 options over ordinary shares of £0.50 in the Company ("Options") were granted under the Company's employee share option plan. Of the Options granted, 26,500 Options were granted to certain persons discharging managerial responsibilities (PDMRs"). The Options can be exercised on or after the vesting date. The following PDMRs were granted Options:

 

Name
Position
Number of Options granted
Exercise Price
Vesting date
John R. Shaw
Chief Executive Officer
9,600
118.4p
07 April 2025
Laura Denner
Chief Financial Officer
8,200
118.4p
07 April 2025
Yvon Durant
Chief Technical Officer
8,700
118.4p
07 April 2025

 

As at today's date, there are a total of 598,492 Options outstanding.

 

Itaconix plc
+1 603 775-4400
John R. Shaw / Laura Denner
Rosewood
+44 (0)20 7653 8702
John West / Llew Angus
Canaccord Genuity - Nominated Adviser and Sole Broker
+44 (0) 20 7523 8000
Adam James / Harry Pardoe


 

 

Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
John Shaw
2
Reason for notification
a.
Position/Status
Chief Executive Officer
b.
Initial notification/
Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Itaconix plc
b.
LEI
2138000KA3GOCK2ZA496
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.
Description of the financial instrument, type of instrument

 Identification Code
Options over Ordinary Shares of 10 pence each
GB00BPK3YZ68
b.
Nature of the transaction
Issuance of Options
c.
Price(s) and volume(s)
Exercise Price(s)
Volume(s)
118.4p
9,600
d.
Aggregated information
- Aggregated Volume
- Price
N/A
e.
Date of the transaction
7 April 2025
f.
Place of the transaction
Outside a trading venue

 

Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
Laura Denner
2
Reason for notification
a.
Position/Status
Chief Financial Officer
b.
Initial notification/
Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Itaconix plc
b.
LEI
2138000KA3GOCK2ZA496
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.
Description of the financial instrument, type of instrument

 Identification Code
Options over Ordinary Shares of 10 pence each
GB00BPK3YZ68
b.
Nature of the transaction
Issuance of Options
c.
Price(s) and volume(s)
Exercise Price(s)
Volume(s)
118.4p
8,200
d.
Aggregated information
- Aggregated Volume
- Price
N/a
e.
Date of the transaction
7 April 2025
f.
Place of the transaction
Outside a trading venue

 

Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
Yvon Durant
2
Reason for notification
a.
Position/Status
Chief Technical Officer
b.
Initial notification/
Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Itaconix plc
b.
LEI
2138000KA3GOCK2ZA496
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.
Description of the financial instrument, type of instrument

 Identification Code
Options over Ordinary Shares of 10 pence each
GB00BPK3YZ68
b.
Nature of the transaction
Issuance of Options
c.
Price(s) and volume(s)
Exercise Price(s)
Volume(s)
118.4p
8,700
d.
Aggregated information
- Aggregated Volume
- Price
N/a
e.
Date of the transaction
7 April 2025
f.
Place of the transaction
Outside a trading venue

 

 

About Itaconix  

Itaconix uses its proprietary plant-based polymer technology platform to produce and sell specialty ingredients that improve the safety, performance, and sustainability of consumer products.  The Company's current ingredients are enabling and leading new generations of products in cleaning, hygiene, and beauty.

www.itaconix.com 

 

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