Board Changes

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	[phone]
John R. Shaw / Michael Norris
N+1 Singer	[phone]
Richard Lindley / James Moat (Corporate Finance)

 

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