Itaconix PLC Director/PDMR Shareholding (7243Q)

TIDMITX

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                                                              [phone] 
John R. Shaw / Laura Denner 
Belvedere Communications                                          [phone] 
John West / Llew Angus 
Cavendish Capital Markets Ltd                                     [phone] 
Nominated Adviser & Joint Broker 
 Ed Frisby / Abigail Kelly (Corporate Finance) 
 Andrew Burdis / Sunila de Silva (ECM) 
Canaccord Genuity                                                 [phone] 
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

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        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 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          Ordinary shares of 0.50p par value 
       financial instrument,       in Itaconix plc 
       type of instrument 
       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 
     --------------------------  ----------------------------------------- 
 

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October 19, 2023 12:08 ET (16:08 GMT)