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RNS Number : 7243Q Itaconix PLC 19 October 2023
Itaconix plc
("Itaconix" or the "Company")
Director/PDMR Shareholdings
Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in sustainable
plant-based polymers used to decarbonise everyday consumer products, announces
that John R. Shaw, Chief Executive Officer of the Company, purchased 2,000
ordinary shares in the Company on 19 October 2023 at a price of $1.605 per
ordinary share.
Following this purchase, John R. Shaw holds 1,080,441 ordinary shares in the
Company, representing approximately 8.0% per cent. of the Company's issued
share capital.
The FCA notifications in respect of the above, made in accordance with the
requirements of the UK Market Abuse Regulation, are appended below.
Enquiries
Itaconix plc +1 603 775-4400
John R. Shaw / Laura Denner
Belvedere Communications +44 (0) 20 3576 0320
John West / Llew Angus
Cavendish Capital Markets Ltd +44 (0) 20 7220 0500
Nominated Adviser & Joint Broker
Ed Frisby / Abigail Kelly (Corporate Finance)
Andrew Burdis / Sunila de Silva (ECM)
Canaccord Genuity +44 (0) 20 7523 8000
Joint Broker
Adam James
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 (http://www.itaconix.com)
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name John R. Shaw
2 Reason for the 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 Ordinary shares of 0.50p par value in Itaconix plc
Identification code
Identification code (ISIN) for Itaconix plc ordinary shares: GB00BPK3YZ68
b) Nature of the transaction Purchase of shares
c) Price(s) and volume(s) Price(s) Volume(s)
$1.605 2,000 shares
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 19 October 2023
f) Place of the transaction OTC Markets, OTCQB
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
19 October 2023
f)
Place of the transaction
OTC Markets, OTCQB
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