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Grants of Options & PDMR dealings

April 07, 2025 4 min read

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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  

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