REG - Itaconix PLC - Holdings in Company

ItaconixAnnouncement

05/10/2023 11:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231005:nRSE8417Oa&default-theme=true

RNS Number : 8417O  Itaconix PLC  05 October 2023

For immediate release

Itaconix plc

("Itaconix" or the "Company")

 

Holdings in Company

 

Itaconix (LSE: ITX) (OTCQB: ITXXF), a leading innovator in sustainable
plant-based polymers used to decarbonise everyday consumer products, announces
that it was notified on 4 October 2023 of the pending transfer of share
certificates ("Shares") held by John R. Shaw (CEO), Laura Denner (CFO) and Dr.
Yvon Durant (CTO) to Fidelity Investments as the new registered holder. The
transfers will allow these Shares to be held in their individual US brokerage
accounts. There is no change to the beneficial ownership of the Shares.

The Shares transferred are as follows:

·      John R. Shaw - 940,411 Shares

·      Laura Denner - 255,724 Shares

·      Dr. Yvon Durant - 110,489 Shares

A total of 1,306,624 Shares have been transferred, representing approximately
9.7% of the Company's ordinary shares in issue. The transfer is expected to be
effective in the coming days.

 

For further information please contact:

 

 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)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  HOLUVRRRORURRAA