Member Info for AJP08

Cheers U

NT for any amount on HSD platform, why don't they just move the price up and allow it to move upwards, investors like to see what they are paying, not guessing, have bought NT previously and the price is never too much above what the ask price is.

ATB

AJP

NT to buy anything not helping today?

Just for info

As of early 2026, polyitaconates (polymers derived from bio-based itaconic acid) are gaining significant attention in China for high-performance and sustainable applications, particularly as industry stakeholders push toward greener materials. Key developments in 2026 include:

• Green Tire Applications: Researchers and industrial teams, such as those developing new rubber technologies, are focusing on using poly(itaconate)-based elastomers in "green tires" to improve rolling resistance and enhance wet skid resistance for electric vehicles.

• Medical and Bio-based Materials: Itaconic acid is recognized as a vital platform chemical for bio-based polymers in China, with 2026 research emphasizing its use in hydrolytically degradable materials, bio-based engineering elastomers, and UV-curable materials.

• Adhesive and Coating Advancements: Polyitaconates are being explored as sustainable alternatives to petroleum-based poly(meth)acrylates in specialized coatings and adhesives, driven by new regulatory updates in China aimed at reducing harmful substances in industrial products.

• Market Growth: The global and Chinese market for specific polyitaconate derivatives, such as Sodium Polyitaconate, is projected to see steady growth, with the market expanding toward 2031. [1, 2, 3, 4, 5, 6]

Key 2026 Trends in China:

• Green Chemistry Focus: Recent 2026 literature highlights "green polymerization strategies" that minimize waste generation (E-factor), ensuring the production of polyitaconates aligns with sustainable goals.

• Alternative to Petroleum-based Products: The industry is moving toward using poly(itaconate)s as practical alternatives to traditional poly(meth)acrylates, strengthening the local supply chain for eco-friendly materials.

• Regulatory Support: Stricter standards for adhesives and artificial leather, to be implemented around March 2026, are accelerating the demand for sustainable, non-toxic alternatives like itaconic acid-derived polymers. [1, 2, 3]

Research indicates that itaconic acid is becoming crucial for creating novel, high-performance polymers that cannot be easily achieved with traditional petroleum-based materials. [1]

ATB

AJP

Hi

Is there not a flaw in your cunning plan, that Octopus have no plans to divest all of its holdings in ITX?

As of early May 2026, Octopus Investments Limited remains a significant stakeholder in Itaconix PLC (ITX), with recent regulatory filings showing a reduction in their holding to 7.87% of voting rights as of April 24, 2026.While there were earlier indications (mid-2025) that Octopus was looking to divest its position as part of internal portfolio management, Itaconix has continued to feature within the Octopus AIM VCT portfolios.Here is the current situation regarding the investment and the company:

1. Octopus Holdings & Strategy (2026)Reduced Holding: According to an RNS [TR-1] release on April 27, 2026, Octopus Investments Ltd held 7.87% of voting rights, reduced from previous levels.Portfolio Status: Despite the reduction, Itaconix (producer of plant-based polymers) has remained part of the Octopus AIM VCT 2 plc portfolio as of March 2026, even while the VCT has disposed of other, larger holdings (e.g., Breedon Group, Learning Technologies Group).Context: The reduction is considered an internal portfolio management decision—rebalancing between VCTs or taking profits—rather than a direct reflection of negative business performance

.2. Itaconix Business Situation (2026)Milestone Results: Itaconix has reported strong commercial momentum, having surpassed $10 million in revenue in 2025, which it described as a "milestone year".Entering 2026: The company entered 2026 with strong order momentum, a growing project pipeline, and a goal to move into positive Adjusted EBITDA.Outlook: Management expects to maintain growth and scale in 2026, with revenue projections around $13.3m.

3. VCT Context (2025-2026)Market Environment: The Octopus AIM VCTs have navigated a volatile period for smaller company investments, with a focus on raising new capital to support existing portfolio companies while aiming for 5% dividend yields.Reforms: New VCT rule changes effective from April 6, 2026, are expected to provide more flexibility for VCTs to support scaling AIM-listed companies like Itaconix.

ATB

AJP

Just for info

https://www.linkedin.com/posts/itaconix-corporation_aocs2026-aocs-cleaningindustry-activity-7457451208430149632-OzFQ

ATB

AJP

Hi M

We will get there.

ATB

AJP

Further IP relating to ITX

https://www.uspto.gov/patents/search/patent-public-search

Use the site, link above.,

choose "basic search" option

scroll down to Basic search option on this page

Enter "Itaconix" in the first "for" box, change the operator to show "OR, add "Polyitaconate" to the second "for" box and then hit the "search button"

You should bring up all the latest IP for these two words, I usually click on the text link then to review the document.

Osidic dispersing agent

(2) The invention relates to the field of dispersing agents for an aqueous composition, in particular for dispersing a mineral material in particle form. The dispersing agent according to the invention comprises a dispersing polymer combined with an osidic derivative or a saccharide derivative. The invention also relates to an aqueous composition comprising said dispersing agent and a mineral material in particle form, as well as to the use of said agent or of said composition.

(3) An aqueous suspension of a mineral material is a dispersion of slightly soluble or insoluble solid material in an aqueous medium. The desired characteristics of a suspension generally depend on the intended use of this suspension, in particular the use of the mineral material as filler in a composition, for example in a paper coating colour composition or a coating composition.

8) From itaconic acid partially neutralised with sodium hydroxide added slowly, under stirring and at a controlled temperature, then polymerised by heating in water and under stirring in the presence of sodium hypophosphite and of hydrogen peroxide, and finally partially decarboxylated by heating under reflux in water, a polymeric solution (P3) of partially decarboxylated sodium polyitaconate with a concentration of 40% by weight of polymer and a pH of 9 is prepared (method described in the examples in document WO 2015-100412).

ATB

AJP

This is an interesting one

https://www.happi.com/formulary/liquid-pod-for-adw/

ATB

AJP

Another European one I have not seen before

https://www.dm.at/p/d/1722561/planet-pure-geschirrspuel-tabs-dosier-classic

ATB

AJP

Just for info

https://www.linkedin.com/posts/itaconix-corporation_aocs-annual-meeting-expo-may-3-6-2026-activity-7451995305190842368-TFpO

wonder if we have anything new to showcase over the next few days?

up at 1101 followers ever increasing.

Hi M

Probably no uptick on SP due to it matching the sales of the bad salesman earlier in the week?

ATB

AJP

Hi D

By the trade price of 109p ?

Thoughts

ATB

AJP

Is that another 10k shares purchased this morning?

ATB

AJP

An assortment contained within, 55 products/ 5 pages

https://www.ewg.org/skindeep/browse/ingredients/862608-SODIUM_POLYITACONATE/?ingredient_id=862608-SODIUM_POLYITACONATE&page=1

ATB

AJP

Just for info

https://www.linkedin.com/posts/itaconix-corporation_itaconic-acid-and-polyitaconates-101-activity-7455635399344988160-V5xi

Hi M

See we are up at 1095 followers on LinkedIn, this in my opinion is a platform for people who may be in a position to encompass ITX ingredients into their products, not really targeting the average investor, but a good to know.

Think the value is understated in my opinion, it only takes one person to make a difference?

ATB

AJP

Hi

Since early 2025 they have reduced from

10.73% = 1352146

to

7.87% = 1061401 as of 24/04/26

Hi S did you manage email the fund managers as per the link I sent you?

ATB

AJP

I ask myself that quite a lot

The SP got way ahead of itself a few years back, which did not help as a few investors got burnt and lost faith.

Then there is the uncertainty over Octopus, are they now at a point where they have finished their rebalancing.

A few sizeable director buys would not go amiss?

Think that the bottom line is that a lot of people are waiting for this to turn a profit (which by all accounts is very close) before piling in.

There is so much going in ITX favour at the moment, they have recurring revenues, great IP, green products which with the debacle out in the Middle East are becoming more and more desirable, as in cost and availability against petrochemical products.

I for one still believe that this is a winner.

AIMHO

At the end of the day, you need to decide what is best for you.

ATB

AJP

For those new to this board, an insight into revenue progress towards profitability

2018. Revenue $0.881 mill (total)

2019. Revenue $1.288 mill

1st half $0.45 mill

2nd half $ 0.85 mill

2020. Revenue $3.292 Mill

1st half $1.1 mill

2nd half $2.2 mill

2021. Revenue $2.596

1st half $1.4 mill

2nd half $1.2 mill

2022. Revenue $5.6

1st half $3.1mill

2nd half $2.5 mill

2023. Revenue $7.9 mill

1st half $4.0 mill

2nd half $3.9 mill

2024. Revenue $6.5 mill

1st half $2.8 mill

2nd half $3.7 mill

2025. Revenue $10.5 mill

1st half $4.8 mill

2nd half $5.7 mill

2026. Revenues $ 13.4 projected

1st half my guess between $7.00 & $8.00

ATB

AJP

Hi M

Honest answer, you need to do what you feel is right for you.

I would say that is you have been here for quite a while then a few weeks more may be worth thinking about, with the half year results approx 10 weeks away, then this may be best time to decide one these have been released?

ATB

AJP

Claro has over 10,500 distributors in Europe

https://www.ecosplendo.co.uk/claro/eco-multi-tabs

https://www.fromaustria.com/en-GB/claro/multi-tabs

https://www.claro.at/en/distributor-search/

https://www.nettesheim.de/media/4b/72/64/1738661331/d2bea775c9db4f083defd714ea1d72e4.pdf

ATB

AJP

Is someone accumulating in the background?

Have noticed of the last few weeks that there have been some quite large buys going through, another one yesterday.

29-Apr-26 10:22:59 109.50 9,127 Unknown* 105.00 110.00 9,994 O

Any thoughts

ATB

AJP

One more

https://benedetti.bio/products/tablette-lave-vasselle-tout-en-un-x40-mutyne?srsltid=AfmBOopwdcmiyrTZov_RhFJoeYjWPxxyqitNM5d39s8xn-EsFisCG3fs

ATB

AJP