Itaconix PLC Exercise of Options, Directors' Dealing & TVR (6582W)
August 02 2018 - 7:49AM
UK Regulatory
TIDMITX
RNS Number : 6582W
Itaconix PLC
02 August 2018
Itaconix plc ("Itaconix" or "the Company")
Exercise of Options, Directors' Dealing
& Total Voting Rights
Itaconix (AIM: ITX) announces that on 2 August 2018, Robin
Cridland, Executive Director, exercised options over 682,830
ordinary shares of 1p each in the Company ("Ordinary Shares"), as
detailed below, and a former employee exercised options over 66,570
Ordinary Shares.
In connection with this exercise, application has been made to
the London Stock Exchange for 577,530 new Ordinary Shares to be
admitted to trading on AIM (the balance of 171,870 new Ordinary
Shares have been satisfied by a transfer of Ordinary Shares from
the Employee Benefit Trust, which have already been admitted to
trading). It is expected that admission will become effective, and
that dealings in the new Ordinary Shares will commence, on or
around 8 August 2018.
Following admission of the new Ordinary Shares, the Company will
have 269,130,071 Ordinary Shares in issue (including shares issued
as part of the fundraising, as separately announced). The total
number of voting rights of the Company will be 269,130,071. This
figure may be used by Shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
Ends
For further information please contact:
+44 (0) 1244
Itaconix 283 500
Kevin Matthews / Robin Cridland
+44 (0) 207 496
N+1 Singer 3000
Richard Lindley / Jen Boorer
(Corporate Finance)
1 Details of the person discharging managerial responsibilities/person closely associated
---- -----------------------------------------------------------------------------------------------
a) Name ROBIN CRIDLAND
---- ------------------------------------------------------------- --------------------------------
2 Reason for the notification
---- -----------------------------------------------------------------------------------------------
EXECUTIVE DIRECTOR
a) Position/status
---- ------------------------------------------------------------- --------------------------------
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 GB00B84LVH87
---- ------------------------------------------------------------- --------------------------------
b) Nature of the transaction Exercise of share options
---- ------------------------------------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------- ----------
NIL pence 682,830
per Ordinary Ordinary
Share Shares
-------------- ----------
---- ------------------------------------------------------------- --------------------------------
d) Aggregated information N/a single transaction
- Aggregated volume
- Price
---- ------------------------------------------------------------- --------------------------------
e) Date of the transaction 2 August 2018
---- ------------------------------------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange, AIM
---- ------------------------------------------------------------- --------------------------------
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 rns@lseg.com or visit www.rns.com.
END
DSHDMGGRMZVGRZM
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