Last checked at 15 Jul 2020 15:04
Itaconix plc ("Itaconix" or "the Company")
PDMR Shareholding
Itaconix announces that, further to the "Result of Fundraise" announcement made by the Company on 24 June 2020, the following Directors and PDMRs of the Company subscribed for Ordinary Shares pursuant to the Second Placing, which completed today, as follows:
Name | Number of Existing Ordinary Shares | Number of Second Placing Shares subscribed for |
Number of Ordinary Shares heldon Second Admission | Percentage of EnlargedShare Capital on Second Admission |
John R. Shaw | 33,894,915 | 10,181,818 | 44,076,733 | 10.19% |
James Barber | 1,466,818 | 1,090,909 | 2,557,727 | 0.59% |
John Snow III | 1,849,568 | 727,273 | 2,576,841 | 0.60% |
Bryan Dobson | 583,500 | 454,545 | 1,038,045 | 0.24% |
Laura Denner | 6,696,535 | 5,454,545 | 12,151,080 | 2.81% |
Capitalised terms used in this announcement shall, unless otherwise stated, bear the same meaning ascribed to such terms in the announcement made by the Company on 23 June 2020 to announce the launch of the Fundraising.
Ends
For further information please contact:
Itaconix Plc | +1 (603) 775 4400 |
John Shaw, Chief Executive Officer | |
Laura Denner, Chief Financial Officer and Company Secretary | |
www.itaconix.com | |
N+1 Singer (Nominated Adviser and Joint Broker) | +44 (0) 207 496 3000 |
Peter Steel / James Moat Tom Salvesen | |
Allenby Capital Limited (Joint Broker) | +44 (0) 203 328 5656 |
Amrit Nahal (Broking) Nick Athanas / Liz Kirchner (Corporate Finance) |
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
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 | John R. Shaw | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Executive Officer | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Itaconix plc | |||
b)
| LEI
| 213800OKA3GOCK2ZA496 | |||
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 | Ordinary shares of 1 pence each | |||
Identification code | |||||
b)
| Nature of the transaction
| Subscription in a placing | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
1.1 pence | 10,181,818 | ||||
d)
| Aggregated information | n/a - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 15 July 2020 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| James Barber
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Independent Non-Executive Chairman | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Itaconix plc | |||
b)
| LEI
| 213800OKA3GOCK2ZA496 | |||
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 | Ordinary shares of 1 pence each | |||
Identification code | |||||
b)
| Nature of the transaction
| Subscription in a placing | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
1.1 pence | 1,090,909 | ||||
d)
| Aggregated information | n/a - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 15 July 2020 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| John Snow III
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Independent Non-Executive Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Itaconix plc | |||
b)
| LEI
| 213800OKA3GOCK2ZA496 | |||
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 | Ordinary shares of 1 pence each | |||
Identification code | |||||
b)
| Nature of the transaction
| Subscription in a placing | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
1.1 pence | 727,273 | ||||
d)
| Aggregated information | n/a - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 15 July 2020 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Bryan Dobson
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Independent Non-Executive Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Itaconix plc | |||
b)
| LEI
| 213800OKA3GOCK2ZA496 | |||
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 | Ordinary shares of 1 pence each | |||
Identification code | |||||
b)
| Nature of the transaction
| Subscription in a placing | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
1.1 pence | 454,545 | ||||
d)
| Aggregated information | n/a - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 15 July 2020 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Laura Denner
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Financial Officer, PDMR | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Itaconix plc | |||
b)
| LEI
| 213800OKA3GOCK2ZA496 | |||
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 | Ordinary shares of 1 pence each | |||
Identification code | |||||
b)
| Nature of the transaction
| Subscription in a placing | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
1.1 pence | 5,454,545 | ||||
d)
| Aggregated information | n/a - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 15 July 2020 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
Name of authorised official of issuer responsible for making notification:
Laura Denner
Company Secretary to Itaconix plc