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On 21 April 2026, Itaconix plc granted a total of 384,025 options over ordinary shares under its employee share option plan. Of these, 216,350 options were granted to certain persons discharging managerial responsibilities (PDMRs), including CEO John R. Shaw (122,759 options) and CFO Laura Denner (93,591 options), all with an exercise price of £1.055. As of 23 April 2026, a total of 956,302 options were outstanding.
| Date | 23 Apr 2026 |
| Time | 07:00:06 |
| Category | Director/PDMR dealings |
| ID | 5640B |
For immediate release
Itaconix plc
("Itaconix" or the "Company")
Grants of Options & PDMR dealings
Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in high-performance plant-based specialty polymers, announces a grant of options to certain PDMRs.
On 21 April 2026, a total of 384,025 options over ordinary shares of £0.50 in the Company ("Options") were granted under the Company's employee share option plan. Of the Options granted, 216,350 Options were granted to certain persons discharging managerial responsibilities ("PDMRs"). The following PDMRs were granted Options:
Grant of options for 2025 Long Term Incentives
|
Name
|
Position |
Number of Options granted |
Exercise Price |
Vesting date |
|
John R. Shaw |
Chief Executive Officer |
14,871 |
£1.055 |
21 April 2026 |
|
Laura Denner |
Chief Financial Officer |
12,675 |
£1.055 |
21 April 2026 |
Grant of options for 2026-2028 Long Term Incentives
|
Name
|
Position |
Number of Options granted |
Exercise Price |
|
John R. Shaw |
Chief Executive Officer |
107,888 |
£1.055 |
|
Laura Denner |
Chief Financial Officer |
80,916 |
£1.055 |
The Company's employee share option plan has been designed to reward employees of the Company for performance that delivers value for shareholders and incentivise employees to work effectively together to deliver key corporate objectives. The vesting of the 2026-2028 Long Term Incentive Options is based on achievement of revenue, adjusted EBITDA, and total shareholder return targets within the next 5 years and continued employment.
As at today's date, there are a total of 956,302 Options outstanding.
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Itaconix plc |
+1 603 775-4400 |
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John R. Shaw / Laura Denner |
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Rosewood |
+44 (0)20 7653 8702 |
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John West / Llewellyn Angus |
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Canaccord Genuity - Nominated Adviser and Sole Broker |
+44 (0) 20 7523 8000 |
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Adam James / Harry Pardoe
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Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a. |
Name |
John Shaw |
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2 |
Reason for 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 |
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. |
Description of the financial instrument, type of instrument |
Options over Ordinary Shares of 10 pence each GB00BPK3YZ68
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b. |
Nature of the transaction |
Issuance of Options |
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c. |
Price(s) and volume(s) |
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d. |
Aggregated information - Aggregated Volume - Price |
N/A
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e. |
Date of the transaction |
21 April 2026 |
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f. |
Place of the transaction |
Outside a trading venue |
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Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a. |
Name |
Laura Denner |
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2 |
Reason for notification |
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a. |
Position/Status |
Chief Financial 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 |
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 |
Options over Ordinary Shares of 10 pence each GB00BPK3YZ68
|
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b. |
Nature of the transaction |
Issuance of Options |
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c. |
Price(s) and volume(s) |
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d. |
Aggregated information - Aggregated Volume - Price |
N/a
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e. |
Date of the transaction |
21 April 2026 |
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f. |
Place of the transaction |
Outside a trading venue |
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|
Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. |
||||||
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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|
a. |
Name |
John Shaw |
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2 |
Reason for 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 |
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 |
Options over Ordinary Shares of 10 pence each GB00BPK3YZ68
|
||||
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b. |
Nature of the transaction |
Issuance of Options |
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c. |
Price(s) and volume(s) |
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d. |
Aggregated information - Aggregated Volume - Price |
N/A
|
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e. |
Date of the transaction |
21 April 2026 |
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f. |
Place of the transaction |
Outside a trading venue |
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|
Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. |
||||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a. |
Name |
Laura Denner |
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2 |
Reason for notification |
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|
a. |
Position/Status |
Chief Financial 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 |
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 |
Options over Ordinary Shares of 10 pence each GB00BPK3YZ68
|
||||
|
b. |
Nature of the transaction |
Issuance of Options |
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c. |
Price(s) and volume(s) |
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d. |
Aggregated information - Aggregated Volume - Price |
N/a
|
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e. |
Date of the transaction |
21 April 2026 |
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f. |
Place of the transaction |
Outside a trading venue |
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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 cost-effective, decarbonized consumer products in home and personal care.