Grants of Options & PDMR dealings

Itaconix PLC
07 April 2025
 

For release 7 April 2025

Itaconix plc

("Itaconix" or the "Company")

 

Grants of Options & PDMR dealings

 

Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in sustainable plant-based polymers used to decarbonise everyday consumer products, announces a grant of options to certain PDMRs.

 

On 7 April 2025, a total of 66,500 options over ordinary shares of £0.50 in the Company ("Options") were granted under the Company's employee share option plan. Of the Options granted, 26,500 Options were granted to certain persons discharging managerial responsibilities (PDMRs"). The Options can be exercised on or after the vesting date. The following PDMRs were granted Options:

 

Name

Position

Number of Options granted

Exercise Price

Vesting date

John R. Shaw

Chief Executive Officer

9,600

118.4p

07 April 2025

Laura Denner

Chief Financial Officer

8,200

118.4p

07 April 2025

Yvon Durant

Chief Technical Officer

8,700

118.4p

07 April 2025

 

As at today's date, there are a total of 598,492 Options outstanding.

 

Itaconix plc

+1 603 775-4400

John R. Shaw / Laura Denner


Rosewood

+44 (0)20 7653 8702

John West / Llew Angus


Canaccord Genuity - Nominated Adviser and Sole Broker

+44 (0) 20 7523 8000

Adam James / Harry Pardoe


 



 

Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

John Shaw

2

Reason for 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

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

Options over Ordinary Shares of 10 pence each

GB00BPK3YZ68

 

 

b.

Nature of the transaction

Issuance of Options

 c.

Price(s) and volume(s)

 

Exercise Price(s)

Volume(s)

118.4p

9,600

d.

Aggregated information

- Aggregated Volume

- Price

 N/A

 

e.

Date of the transaction

7 April 2025

f.

Place of the transaction

Outside a trading venue

 

Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Laura Denner

2

Reason for notification

a.

Position/Status

Chief Financial 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

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

Options over Ordinary Shares of 10 pence each

GB00BPK3YZ68

 

 

b.

Nature of the transaction

Issuance of Options

 c.

Price(s) and volume(s)

 

Exercise Price(s)

Volume(s)

118.4p

8,200

d.

Aggregated information

- Aggregated Volume

- Price

 N/a

 

e.

Date of the transaction

7 April 2025

f.

Place of the transaction

Outside a trading venue

 

Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Yvon Durant

2

Reason for notification

a.

Position/Status

Chief Technical 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

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

Options over Ordinary Shares of 10 pence each

GB00BPK3YZ68

 

 

b.

Nature of the transaction

Issuance of Options

 c.

Price(s) and volume(s)

 

Exercise Price(s)

Volume(s)

118.4p

8,700

d.

Aggregated information

- Aggregated Volume

- Price

 N/a

 

e.

Date of the transaction

7 April 2025

f.

Place of the transaction

Outside a trading venue

 



 

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

Itaconix (ITX)
UK 100

Latest directors dealings