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Itaconix produces key ingredients for new generations of safer consumer products with superior performance and sustainability.
Using our proprietary plant-based technology, Itaconix develops uniquely functional ingredients that are safer for people and the planet.
We are building a large, profitable specialty ingredient company with safer products for the low carbon economy. Our growth rate has just begun to tap the potential of the addressable market.
Itaconix has entered a new era of development toward our long-term goal of becoming a large, highly profitable, capital-efficient specialty-ingredient company.
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5 October 2023
Itaconix plc
("Itaconix" or the “Company”)
Holdings in Company
Itaconix (LSE: ITX) (OTCQB: ITXXF), a leading innovator in sustainable plant-based polymers used to decarbonise everyday consumer products, announces that it was notified on 4 October 2023 of the pending transfer of share certificates (“Shares”) held by John R. Shaw (CEO), Laura Denner (CFO) and Dr. Yvon Durant (CTO) to Fidelity Investments as the new registered holder. The transfers will allow these Shares to be held in their individual US brokerage accounts. There is no change to the beneficial ownership of the Shares.
The Shares transferred are as follows:
A total of 1,306,624 Shares have been transferred, representing approximately 9.7% of the Company’s ordinary shares in issue. The transfer is expected to be effective in the coming days.
For further information please contact:
Itaconix plc +1 603 775-4400
John R. Shaw / Laura Denner
Belvedere Communications +44 (0) 20 3576 0320
John West / Llew Angus
Cavendish Capital Markets Ltd +44 (0) 20 7220 0500
Nominated Adviser & Joint Broker
Ed Frisby / Abigail Kelly (Corporate Finance)
Andrew Burdis / Sunila de Silva (ECM)
Canaccord Genuity +44 (0) 20 7523 8000
Joint Broker
Adam James
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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