Sustainable Solutions: Expert Blog Insights | Itaconix

Change of Auditor

Written by Emily Garcia | Oct 10, 2024 6:00:00 AM

Itaconix plc

(“Itaconix” or “the Company”)

Change of Auditor

Itaconix plc (AIM: ITX) (OTCQB: ITXXF), a leading innovator in plant-based specialty polymers used to decarbonise everyday consumer products, announces that it has appointed a new external audit firm.  

The Board has accepted the resignation of its current auditor, BDO LLP, and has approved the appointment of PKF Littlejohn LLP as its new external auditor. In accordance with Section 519 of the Companies Act 2006, BDO LLP has deposited with the Company a statement confirming that there are no matters to be brought to the attention of the Company's members or creditors.

Shareholder approval to confirm the appointment of PKF Littlejohn LLP as its external auditor will be sought at the 2025 AGM.

John R. Shaw, CEO of Itaconix, commented:

"As part of our governance practices, the Board has completed an audit tender process. The Board would like to thank BDO for their work as auditor over the years, and we look forward to working with PKF Littlejohn."

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Enquiries:  

Itaconix plc +1 603 775 4400
John R. Shaw / Laura Denner  
Rosewood +44 (0) 207 653 8704
Financial PR John West / Llew Angus  
Canaccord Genuity +44 (0) 7523 8000
Nominated Adviser and Sole Broker  
Adam James / Harry Pardoe  

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 detergents, hygiene, and hair care. Itaconix's products contribute to the global low carbon economy.