Itaconix PLC Director/PDMR Shareholding (4614R)

TIDMITX

RNS Number : 4614R

Itaconix PLC

26 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 Peter Nieuwenhuizen, Non-Executive Chair of the Company, purchased 2,500 ordinary shares in the Company on 26 October 2023 at prices between 148p-150p per ordinary share.

Following this purchase, Peter Nieuwenhuizen holds 22,412 ordinary shares in the Company, representing approximately 0.2% 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                        Peter Nieuwenhuizen 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             Chair, Non- Executive Director 
     --------------------------  ----------------------------------------- 
 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) 
                                    148.00p    1,000 shares 
                                              ------------- 
                                    148.00p    104 shares 
                                              ------------- 
                                    150.00p    1,396 shares 
                                              ------------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information           VWAP 149.1p 
       - Aggregated volume              Total price GBP3,727.92 
       - Price                          Total volume 2,500 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     26 October 2023 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, XLON 
     --------------------------  ----------------------------------------- 
 

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October 26, 2023 12:28 ET (16:28 GMT)