Director/PDMR Shareholding

RNS Number : 1192T

Itaconix PLC

15 July 2020

 

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 held on Second Admission	Percentage of Enlarged Share 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	[phone]
John Shaw, Chief Executive Officer
Laura Denner, Chief Financial Officer and Company Secretary
www.itaconix.com
N+1 Singer (Nominated Adviser and Joint Broker)	[phone]
Peter Steel / James Moat Tom Salvesen
Allenby Capital Limited (Joint Broker)	[phone]
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 

 

END

 

 

DSHGPUWUMUPUGCA