Sustainable Solutions: Expert Blog Insights | Itaconix

Exercise of Options, Directors’ Dealing and Total Voting Rights

Written by Laura Denner | Aug 2, 2018 4:54:48 PM

2 August 2018

Itaconix plc (“Itaconix” or “the Company”)

Exercise of Options, Directors’ Dealing

& Total Voting Rights

Itaconix (AIM: ITX) announces that on 2 August 2018, Robin Cridland, Executive Director, exercised options over 682,830 ordinary shares of 1p each in the Company (“Ordinary Shares”), as detailed below, and a former employee exercised options over 66,570 Ordinary Shares.

In connection with this exercise, application has been made to the London Stock Exchange for 577,530 new Ordinary Shares to be admitted to trading on AIM (the balance of 171,870 new Ordinary Shares have been satisfied by a transfer of Ordinary Shares from the Employee Benefit Trust, which have already been admitted to trading). It is expected that admission will become effective, and that dealings in the new Ordinary Shares will commence, on or around 8 August 2018.

Following admission of the new Ordinary Shares, the Company will have 269,130,071 Ordinary Shares in issue (including shares issued as part of the fundraising, as separately announced). The total number of voting rights of the Company will be 269,130,071. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For full release, please download full news release.