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Itaconix plc was notified on 4 October 2023 of the pending transfer of 1,306,624 share certificates from CEO John R. Shaw, CFO Laura Denner, and CTO Dr. Yvon Durant to Fidelity Investments as the new registered holder. These shares represent approximately 9.7% of the Company's ordinary shares in issue. The individual transfers involve 940,411 shares for John R. Shaw, 255,724 for Laura Denner, and 110,489 for Dr. Yvon Durant, with no change to the beneficial ownership.
| Date | 5 Oct 2023 |
| Time | 11:01:38 |
| Category | Holding(s) in company |
| ID | 8417O |
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:
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Itaconix plc |
+1 603 775-4400 |
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John R. Shaw / Laura Denner |
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Belvedere Communications |
+44 (0) 20 3576 0320 |
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John West / Llew Angus |
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Cavendish Capital Markets Ltd |
+44 (0) 20 7220 0500 |
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Nominated Adviser & Joint Broker Ed Frisby / Abigail Kelly (Corporate Finance) Andrew Burdis / Sunila de Silva (ECM) |
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Canaccord Genuity Joint Broker Adam James |
+44 (0) 20 7523 8000 |
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.