REG - Itaconix PLC - Board Change

ItaconixAnnouncement

20/07/2022 07:00

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RNS Number : 0402T  Itaconix PLC  20 July 2022

For release on: 20 July 2022

 

Itaconix plc

("Itaconix" or the "Company")

Board Change

Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in plant-based
specialty polymers used as essential ingredients in everyday consumer
products, is pleased to announce a change to the Board.

Laura Denner is appointed to the Board of Itaconix as an Executive Director
effective today. Laura has assumed increasing finance, accounting, and
operations responsibilities since joining Itaconix Corporation in 2013. She
has served as the Company's Chief Financial Officer since 2018. Previously,
she worked as Audit Manager for Feeley & Driscoll (now within BDO). She
holds a Master of Science degree in accounting from Boston College and a
Bachelor of Arts degree in accounting and international studies from Bryant
University.

The Board now comprises Dr. Peter Nieuwenhuizen (Non-Executive Interim Chair),
John R. Shaw (Chief Executive Officer), and Laura Denner (Chief Financial
Officer).

Dr. Peter Nieuwenhuizen, Interim Chair, commented:

"I have watched Laura play a key role in developing Itaconix with John Shaw
and Dr. Yvon Durant since I first engaged with the Company in 2016. As we
reach new levels of revenues and commercial progress, she will contribute
valuable finance knowledge and operating experience to our next stage of
growth.

"I am pleased to welcome her to the Board."

Regulatory disclosures

INFORMATION REQUIRED UNDER RULE 17 AND SCHEDULE 2, PARAGRAPH (G) OF THE AIM
RULES FOR COMPANIES ("AIM RULES")

 Full name:                               Laura Elizabeth Denner
 Age:                                     39
 Shareholding in the Company:             12,706,636 Shares
 Current directorships and partnerships:  Itaconix (U.K.) Limited

                                          Itaconix EBT Limited

                                          Itaconix Corporation
                                          Stoneface of Brentwood, LLC

There is no further information to be disclosed in relation to the director
appointment pursuant to Rule 17 and Schedule 2, paragraph (g) of the AIM
Rules.

- Ends -

 

For further information please contact:

 Itaconix plc                                                     +1 603 775 4400
 John R. Shaw / Laura Denner
 Belvedere Communications                                         +44 (0) 203 576 0320
 John West / Llew Angus
 finnCap                                                          +44 (0) 20 7220 0500
 Ed Frisby / Abigail Kelly / Milesh Hindocha (Corporate Finance)

 Andrew Burdis / Sunila de Silva (ECM)

 

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 detergents, hygiene, and
hair care. Itaconix's contributions to the global low carbon economy are
recognised by the London Stock Exchange's Green Economy Mark.

www.itaconix.com (http://www.itaconix.com/)

 

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