Itaconix logo
  • For Nature with Nature

    We create products that enable companies to stand out in the market. Explore our range of high-performance plant-based formulations, and discover solutions that meet your specific needs.

    View our Solutions

    Need Help?
    • Talk to Us
    • Resources
    • Applications
      • Cleaning
      • Hygiene
      • Beauty
      • Asterix® Building Blocks
    • Goals
      • Exceptional Performance
      • Cost-Efficiency
      • Safer Products
      • Sustainability
    Have questions about our solutions?

    Schedule a call with our team to discuss ingredient and formulation options for your products.

    Ask Itaconix
  • Performance Ingredients

    Itaconix produces key ingredients for new generations of safer consumer products with superior performance and sustainability.

    View all Products

    Need Help?
    • Talk to Us
    • Resources
    • Key Attributes
      • Scale Inhibition
      • Dispersion
      • Chelation
      • Odor Neutralization
      • Foam Enhancement
      • Film Former
    • Cleaning
      • Itaconix® DSP 2K®
      • Itaconix® TSI® 422
      • Itaconix® TSI® 322
      • Itaconix® ONZ™ 075
      • Itaconix® ONZ™ 100
      • Itaconix® ONZ™ 105
      • Itaconix® ONZ™ 400
      • Itaconix® ONZ™ 405
      • Itaconix® SF 505
    • Beauty
      • VELASOFT® NE 100
    • Hygiene
      • VELAFRESH® ZP20
      • VELAFRESH® ZP30
      • VELAFRESH® ZP75
      • VELAFRESH® ZP95
    • Resources
      • Technical Data Sheets
      • Safety Data Sheets
    Need specific technical information to formulate your product?
    Ask Itaconix
  • Plant-Based Innovation

    Using our proprietary plant-based technology, Itaconix develops uniquely functional ingredients that are safer for people and the planet.

    Learn more about us

    Need Help?
    • Talk to Us
    • Resources
    • About
      • At a Glance
      • For Nature with Nature
      • Our Technology Platform
      • Leadership
      • Careers
    Join our team

     

     

    Explore Careers
  • Enabling the Low Carbon Economy

    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.

    Learn more

    Need Help?
    • Talk to Us
    • Resources
    • Investors
      • At a Glance
      • Share Information
      • Corporate Governance / AIM Rule 26
    Itaconix: Potential & Progress

    female scientist using a microscope

    Itaconix has entered a new era of development toward our long-term goal of becoming a large, highly profitable, capital-efficient specialty-ingredient company.

     

    Annual Report
  • Stay in the Know

    Discover latest Itaconix news and events.

    Need Help?
    • Talk to Us
    • Resources
    • News & Events
      • Insights and Articles
      • News
      • Events
    Insights

    Subscribe for updates and get insights sent directly to your inbox.

     

    Subscribe
  • 1.603.775.4400
  • Ask Itaconix

Find what you're looking for

  • Solutions
    • Applications
      • Cleaning
      • Hygiene
      • Beauty
      • Asterix® Building Blocks
    • Goals
      • Exceptional Performance
      • Cost-Efficiency
      • Safer Products
      • Sustainability
  • Products
    • Key Attributes
      • Scale Inhibition
      • Dispersion
      • Chelation
      • Odor Neutralization
      • Foam Enhancement
      • Film Former
    • Cleaning
      • Itaconix® DSP 2K®
      • Itaconix® TSI® 422
      • Itaconix® TSI® 322
      • Itaconix® ONZ™ 075
      • Itaconix® ONZ™ 100
      • Itaconix® ONZ™ 105
      • Itaconix® ONZ™ 400
      • Itaconix® ONZ™ 405
      • Itaconix® SF 505
    • Beauty
      • VELASOFT® NE 100
    • Hygiene
      • VELAFRESH® ZP20
      • VELAFRESH® ZP30
      • VELAFRESH® ZP75
      • VELAFRESH® ZP95
    • Resources
      • Technical Data Sheets
      • Safety Data Sheets
  • About
    • About
      • At a Glance
      • For Nature with Nature
      • Our Technology Platform
      • Leadership
      • Careers
  • Investors
    • Investors
      • At a Glance
      • Share Information
      • Corporate Governance / AIM Rule 26
  • News & Events
    • News & Events
      • Insights and Articles
      • News
      • Events
Need Help?
  • Talk to Us
  • Resources
  • Search
  • 1.603.775.4400
  • Ask Itaconix

Insights and Articles

    • Investor News
    • RNS
    • News
    • Cleaning
    • Formula
    • Beauty
    • Investor Video
    • Sustainability
    • Hygiene
    • Dishwash
    • Fabric
    • Hair
    • Trading Update
    • Financial Highlights
    • Pet
    • Deodorant
    • Performance
    • Skin
    • Annual Report
    • Cost-effectiveness
    • Events
    • Reports and Documents
    • Safety
    • Bathroom
    • Institutional Industrial
    • Solutions
    • Surfaces
    • Plant-Based
Subscribe
  • Investor News

Result of General Meeting

August 02, 2018 2 min read

Share this article

 

2 August 2018

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

Result of General Meeting

On 12 July 2018, Itaconix, a leading designer and manufacturer of specialty polymers, announced that it had conditionally raised c. £3.4 million before fees and expenses by way of the Placing with certain existing and new institutional and other investors and by way of the Subscription with certain existing US shareholders and other US investors at the Placing Price of 2 pence per share. On 1 August 2018, the Company announced that it had conditionally raised further additional gross proceeds of £0.13 million in aggregate from the Open Offer and US Additional Subscription.

The Company is pleased to announce that at the General Meeting held today, all Resolutions proposed were duly passed. The Fundraising remains conditional on, inter alia, Admission.

In addition to the 107,300,000 Placing Shares, the 61,259,188 Subscription Shares and the 6,275,405 Open Offer Shares and Additional Subscription Shares, the Company is issuing the 15,000,000 Contingent Consideration Shares to the Contingent Consideration Payees pursuant to the Contingent Consideration and Merger Settlement Agreement, as set out in the proposed Fundraising announcement on 12 July 2018.

Application has been made to the London Stock Exchange for the 189,834,593 new Ordinary Shares to be admitted to trading on AIM. It is expected that Admission will become effective, and that dealings in the new Ordinary Shares will commence, at 8.00 a.m. on 3 August 2018.

Defined terms used in this announcement have the same meaning as those terms defined and used in the circular published in connection with the Fundraising, dated 13 July 2018.

This announcement contains inside information for the purposes of article 7 of EU regulation 596/2014.

Ends

For further information please contact:

  Itaconix                                                                                        +44 (0) 1244 283 500

   Kevin Matthews / Rob Cridland

  N+1 Singer                                                                                  +44 (0) 207 496 3000

   Richard Lindley / Jen Boorer (Corporate Finance)

N+1 Singer is acting as nominated adviser and broker and as agent for and on behalf of the Company for the Placing. N+1 Singer is authorized and regulated by the Financial Conduct Authority (the "FCA") in the United Kingdom. N+1 Singer is acting exclusively for the Company and no one else in connection with the Placing and N+1 Singer will not be responsible to anyone (including any Placees) other than the Company for providing the protections afforded to its clients or for providing advice in relation to the Placing or any other matters referred to in this announcement.

background image

Download full news release

Download

Related Articles

Investor News Notice of General Meeting and Posting of Circular
Jun 26, 2020 2 min read
Investor News ITACONIX PLC TRADING UPDATE, December 7, 2023
Dec 7, 2023 2 min read
Investor News UNAUDITED INTERIM RESULTS FOR THE 6 MONTH PERIOD TO 30 JUNE 2022
Sep 14, 2022 5 min read

Subscribe via Email

Subscribe to our blog to get insights sent directly to your inbox.

Itaconix Logo

Get insights sent directly to your inbox.

Connect with us:

  • Linkedin
  • X
  • Instagram
  • Solutions
  • Products
  • About
  • Investors
  • News & Events
  • Contact
  • Privacy Policy
©2025 Itaconix. All rights reserved.