Sustainable Solutions: Expert Blog Insights | Itaconix

Director and PDMR Shareholdings

Written by Laura Denner | Jul 15, 2020 11:00:18 AM

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 0.59%
Bryan Dobson  583,500 454,545 1,038,045 0.24%
Laura Denner  6,696,535 5,454,545   12,151,080 2.81%

 

Capitalized 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                                                                                         +1 (603) 775 4400

John Shaw, Chief Executive Officer

Laura Denner, Chief Financial Officer and Company Secretary

www.itaconix.com

N+1 Singer (Nominated Adviser and Joint Broker)                             +44 (0) 207 496 3000

Peter Steel / James Moat

Tom Salvesen

Allenby Capital Limited (Joint Broker)                                                +44 (0) 203 328 5656

Amrit Nahal (Broking)

Nick Athanas / Liz Kirchner (Corporate Finance)