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Itaconix plc announced that John R. Shaw, Chief Executive Officer, purchased 2,000 ordinary shares in the Company on 19 October 2023 at a price of $1.605 per ordinary share. Following this purchase, Mr. Shaw holds 1,080,441 ordinary shares, representing approximately 8.0% of the Company's issued share capital.
| Date | 19 Oct 2023 |
| Time | 17:08:38 |
| Category | Director/PDMR dealings |
| ID | 7243Q |
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
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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 |
+44 (0) 20 7523 8000 |
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Joint Broker Adam James |
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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.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
John R. Shaw |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor |
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a) |
Name |
Itaconix plc |
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b) |
LEI |
2138000KA3GOCK2ZA496 |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 0.50p par value in Itaconix plc
Identification code (ISIN) for Itaconix plc ordinary shares: GB00BPK3YZ68 |
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b) |
Nature of the transaction |
Purchase of shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
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e) |
Date of the transaction |
19 October 2023 |
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f) |
Place of the transaction |
OTC Markets, OTCQB |
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