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Board Changes

2 Oct 2018 07:00

RNS Number : 6528C
Itaconix PLC
02 October 2018
 

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

Board Changes

Itaconix, a leading innovator in sustainable, specialty polymers, announces the appointment of John I. Snow III to the board of Itaconix as a Non-Executive Director, with immediate effect.

As was notified in the fundraising announcement of 12 July 2018, with Mr. Snow's appointment as an appropriate replacement, Julian Heslop steps down from the board of Itaconix with immediate effect.

Mr. Snow is President and Managing Director of Quabbin Capital, a private investment management firm in Boston, Massachusetts, USA. Prior to joining Quabbin, John was an auditor with KPMG in New York City and Boston. He is a Certified Public Accountant and Chartered Financial Analyst, and holds a Master of Science in Accounting degree from New York University and a Bachelor of Arts degree in economics from Amherst College.

"With his deep financial and investment experience in growth companies, we welcome having John on our board," said John R. Shaw, Itaconix CEO. "Julian Heslop has served the Company and our shareholders with rigor and the utmost integrity. We thank him for his years of contributions toward our progress and advancement as an emerging growth company."

Regulatory disclosures

In accordance with Schedule 2(g) of the AIM Rules, John Ingalls Snow III (aged 58) holds or has held in the past 5 years the following directorships and partnerships:

Current

Past five years

Quabbin Capital, Inc. (Delaware)

Quabbin Capital, Inc. (Massachusetts)

Upper Crust Holdings, LLC

Archon Woodworks

Advanced Duplication Services

UC Management, Inc.

YMCA Camp Belknap

Endowment for Health

Mary Snow Designs, Incorporated

 

Library Systems & Services LLC

Porter Group LLC

LSSI UK Limited

 

 

Save for the disclosures above, there are no further disclosures to be made in accordance with Rule 17 and Schedule 2(g) of the AIM Rules. 

Ends

For further information please contact:

Itaconix

+1 (603) 775 4400

 

John R. Shaw / Michael Norris

N+1 Singer

+44 (0) 207 496 3000

Richard Lindley / James Moat (Corporate Finance)

 

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END
 
 
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