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ITACONIX PLC Director's Dealing 2020

Jul 15, 2020

7720_dirs_2020-07-15_606c4090-1621-4d15-8721-ca6ee845dd69.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 1192T

Itaconix PLC

15 July 2020

Itaconix plc ("Itaconix" or "the Company")

PDMR Shareholding 

Itaconix announces that, further to the "Result of Fundraise" announcement made by the Company on 24 June 2020, the following Directors and PDMRs of the Company subscribed for Ordinary Shares pursuant to the Second Placing, which completed today, as follows:

Name Number of Existing Ordinary Shares Number of Second Placing Shares subscribed for Number of Ordinary Shares held

on Second Admission
Percentage of Enlarged

Share Capital on Second Admission
John R. Shaw 33,894,915 10,181,818 44,076,733 10.19%
James Barber 1,466,818 1,090,909 2,557,727 0.59%
John Snow III 1,849,568 727,273 2,576,841 0.60%
Bryan Dobson 583,500 454,545 1,038,045 0.24%
Laura Denner 6,696,535 5,454,545 12,151,080 2.81%

Capitalised terms used in this announcement shall, unless otherwise stated, bear the same meaning ascribed to such terms in the announcement made by the Company on 23 June 2020 to announce the launch of the Fundraising.

Ends

For further information please contact:

Itaconix Plc +1 (603) 775 4400
John Shaw, Chief Executive Officer
Laura Denner, Chief Financial Officer and Company Secretary
www.itaconix.com
N+1 Singer (Nominated Adviser and Joint Broker) +44 (0) 207 496 3000
Peter Steel / James Moat

Tom Salvesen
Allenby Capital Limited (Joint Broker) +44 (0) 203 328 5656
Amrit Nahal (Broking)

Nick Athanas / Liz Kirchner (Corporate Finance)

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name John R. Shaw
2 Reason for the 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 213800OKA3GOCK2ZA496
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 Ordinary shares of 1 pence each
Identification code
b) Nature of the transaction Subscription in a placing
c) Price(s) and volume(s)
Price(s) Volume(s)
1.1 pence 10,181,818
d) Aggregated information n/a - single transaction
- Aggregated volume
- Price
e) Date of the transaction 15 July 2020
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name James Barber
2 Reason for the notification
a) Position/status Independent Non-Executive Chairman
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 213800OKA3GOCK2ZA496
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 Ordinary shares of 1 pence each
Identification code
b) Nature of the transaction Subscription in a placing
c) Price(s) and volume(s)
Price(s) Volume(s)
1.1 pence 1,090,909
d) Aggregated information n/a - single transaction
- Aggregated volume
- Price
e) Date of the transaction 15 July 2020
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name John Snow III
2 Reason for the notification
a) Position/status Independent Non-Executive Director
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 213800OKA3GOCK2ZA496
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 Ordinary shares of 1 pence each
Identification code
b) Nature of the transaction Subscription in a placing
c) Price(s) and volume(s)
Price(s) Volume(s)
1.1 pence 727,273
d) Aggregated information n/a - single transaction
- Aggregated volume
- Price
e) Date of the transaction 15 July 2020
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Bryan Dobson
2 Reason for the notification
a) Position/status Independent Non-Executive Director
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 213800OKA3GOCK2ZA496
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 Ordinary shares of 1 pence each
Identification code
b) Nature of the transaction Subscription in a placing
c) Price(s) and volume(s)
Price(s) Volume(s)
1.1 pence 454,545
d) Aggregated information n/a - single transaction
- Aggregated volume
- Price
e) Date of the transaction 15 July 2020
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Laura Denner
2 Reason for the notification
a) Position/status Chief Financial Officer, PDMR
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 213800OKA3GOCK2ZA496
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 Ordinary shares of 1 pence each
Identification code
b) Nature of the transaction Subscription in a placing
c) Price(s) and volume(s)
Price(s) Volume(s)
1.1 pence 5,454,545
d) Aggregated information n/a - single transaction
- Aggregated volume
- Price
e) Date of the transaction 15 July 2020
f) Place of the transaction Outside a trading venue

Name of authorised official of issuer responsible for making notification:

Laura Denner

Company Secretary to Itaconix plc  

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

END

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