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) Library Systems & Services LLC
Quabbin Capital, Inc. (Massachusetts) Porter Group LLC
Upper Crust Holdings, LLC LSSI UK Limited
Archon Woodworks
Advanced Duplication Services
UC Management, Inc.
YMCA Camp Belknap
Endowment for Health
Mary Snow Designs, Incorporated
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 +1 (603) 775 4400
John R. Shaw / Michael Norris
N+1 Singer +44 (0) 207 496 3000
Richard Lindley / James Moat (Corporate Finance