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ITX Itaconix Plc

153.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Itaconix Plc LSE:ITX London Ordinary Share GB00BPK3YZ68 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 153.00 146.00 160.00 153.00 148.00 153.00 536 08:00:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Chemicals & Chem Preps, Nec 5.6M -2.46M -0.1826 -8.38 20.63M

Itaconix PLC Appointment of Interim Chief Financial Officer (8526W)

06/08/2018 7:01am

UK Regulatory


Itaconix (LSE:ITX)
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TIDMITX

RNS Number : 8526W

Itaconix PLC

06 August 2018

Itaconix plc ("Itaconix", the "Company" or the "Group")

Appointment of Interim Chief Financial Officer

Itaconix announces today the appointment of Michael Norris as interim Chief Financial Officer with effect from 1 September 2018. Given the previously announced restructuring of the business, Robin Cridland will retire from the Board and leave the Company with effect from 31 August 2018 and will be treated as a good leaver. Michael will commence with the Company with immediate effect to facilitate an appropriate handover period. Michael will not be a director of the Company.

Michael Norris is an experienced private and public company CFO with over 20 years' board level experience. Michael has a strong entrepreneurial background and is a Fellow of the Chartered Institute of Management Accountants. Michael has been appointed on an interim basis while the Board undertakes a process to find a permanent successor.

Robin Cridland has been CFO of the Company since 2008 and co-led the flotation on the AIM Market in July 2012. As well as fulfilling the duties of a public company CFO, he has played a significant role in the commercial development and financing of the Company through his 10-year tenure. He is now looking forward to working on other projects, including expanding his non-executive portfolio.

John Shaw, Chief Executive Officer commented: "The Board thanks Robin for his dedicated service to the Company over many years and wishes him well in his new endeavours. We are pleased to welcome Michael to Itaconix."

Ends

For further information please contact:

 
                                            +44 (0) 1244 283 
 Itaconix                                    500 
 John Shaw / Rob Cridland                   +1 (603) 775 4400 
 N+1 Singer                                 +44 (0) 207 496 3000 
 Richard Lindley / Jen Boorer (Corporate 
  Finance) 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

BOAUGUUARUPRGRA

(END) Dow Jones Newswires

August 06, 2018 02:01 ET (06:01 GMT)

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