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Director/PDMR Shareholding

26 Oct 2023 17:28

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

+1 603 775-4400

John R. Shaw / Laura Denner

Belvedere Communications 

+44 (0) 20 7653 8702

John West / Llew Angus

Cavendish Capital Markets Ltd

+44 (0) 20 7220 0500

Nominated Adviser & Joint Broker

Ed Frisby / Abigail Kelly (Corporate Finance)

Andrew Burdis / Sunila de Silva (ECM)

Canaccord Genuity

+44 (0) 20 7523 8000

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 /Amendment

Initial notification

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 financial instrument, type of instrument 

Identification code

Ordinary shares of 0.50p par value in Itaconix plc

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

- Aggregated volume

- Price

VWAP 149.1p

Total price £3,727.92

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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