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ITACONIX PLC

Board/Management Information Feb 9, 2024

7720_rns_2024-02-09_48e1578f-aacf-4919-b44c-ddb1a8461f75.html

Board/Management Information

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National Storage Mechanism | Additional information

RNS Number : 5627C

Itaconix PLC

09 February 2024

Itaconix plc

("Itaconix" or the "Company")

Appointment of Non-Executive Director

Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in sustainable plant-based polymers used to decarbonise everyday consumer products, is pleased to announce the appointment of Jonathan Brooks to the Board as an independent Non-Executive Director.

Jonathan is recently retired from the European law firm Fieldfisher LLP where he was a Partner in its highly regarded Equity Capital Markets practice. Prior to joining Fieldfisher, he was a Partner and Head of the Capital Markets Group at Maclay Murray & Spens LLP, having qualified as a solicitor and subsequently becoming a Partner at Boodle Hatfield LLP.

With over 35 years of experience, Jonathan has acted for clients in a diverse range of industries, including technology, materials, healthcare, natural resources, renewable energy, and financial services. His experience extends across key corporate growth activities, serving as a valued advisor in numerous IPOs, fundraisings, and venture capital investments. He has managed transactions and advised on legal, regulatory, corporate governance and sustainability matters for a range of high-growth companies in the global equity capital markets.

The appointment of Jonathan as a Non-Executive Director further strengthens Itaconix's leadership team, bringing valuable London Stock Exchange and international equity capital markets experience to further build the Company's foundation for continued growth.

John R. Shaw, CEO of Itaconix, commented:  

"It is a pleasure to welcome Jonathan to our Board. Our CFO Laura Denner and I have worked closely with Jonathan as our trusted counsel and advisor on many critical advances in Itaconix's development and growth. We are excited to embed his knowledge and understanding of fast-growing companies and equity capital markets into our leadership, our governance, and our plans for the future. We look forward to his valuable contributions as we continue to innovate, and execute on our next stage of growth."

Regulatory disclosures

Full name: Jonathan Paul Brooks

Age: 60

Historic directorships and partnerships in previous 5 years:

Company name Position Date ceased
Fieldfisher LLP Partner 30 June 2023
FFW 1001 Limited Director 2 February 2021

There is no further information to be disclosed in relation to the director appointment pursuant to Rule 17 and Schedule 2, paragraph (g) of the AIM Rules.

- Ends -

Itaconix plc +1 603 775-4400
John R. Shaw / Laura Denner
Belvedere Communications +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

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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