leadf
logo-loader
viewItaconix PLC

Itaconix PLC - Director/PDMR Shareholding

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
 
 
DSHGPUWUMUPUGCA

Quick facts: Itaconix PLC

Price: 1.65

Market: LSE
Market Cap: £7.14 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Itaconix PLC - Proactive One2One Virtual Event

Itaconix PLC's (LON:ITX) (OTCQB:ITXXF) John Shaw presents to investors at the Proactive One2One Virtual Conference. Itaconix PLC aims to be a leader in functional polymers that improve the safety, performance and sustainability of our customer’s products.

on 26/7/20