Itaconix PLC Removal of US Securities Law Restrictions (5721F)
July 19 2021 - 2:00AM
UK Regulatory
TIDMITX
RNS Number : 5721F
Itaconix PLC
19 July 2021
July 19, 2021
Itaconix plc
("Itaconix" or "the Company")
Removal of US Securities Law Restrictions
Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in
sustainable specialty polymers, announces the removal of
restrictive legends on the Company's ordinary shares ("Ordinary
Shares") issued to certain US persons in 2016, 2018, and 2020. The
restrictive legends were applied at the time of issuance of these
Ordinary Shares pursuant to applicable US securities laws. The
Company is making this announcement to facilitate the ability of US
shareholders to hold Ordinary Shares in brokerage accounts.
Certificates for Ordinary Shares held in certificated form will
not be reissued. Current share certificates for Ordinary Shares
will remain valid and the restrictive legend appearing on the
certificates will no longer be relevant. Any new share certificates
issued by the Company will not contain the restrictive legend.
Holders of Ordinary Shares do not need to take any action in
this regard. However, if a holder of Ordinary Shares would like to
exchange his or her existing share certificate for a new share
certificate without the restrictive legend, the existing share
certificate should be sent by post to Link Group at 10(th) Floor
Central Square, 29 Wellington Street, Leeds LS1 4DL, United
Kingdom, along with a corresponding request for a new share
certificate without the restrictive legend. Link Group will charge
a fee for issuing a new share certificate in accordance with its
usual procedures.
- Ends -
Enquiries:
Itaconix +1 (603) 775 4400
John R. Shaw / Laura Denner
Belvedere Communications +44 (0) 20 3687 2756
John West / Llew Angus
N+1 Singer +44 (0) 207 496 3000
Peter Steel / James Moat (Corporate Finance)
Tom Salvesen (Corporate Broking)
About Itaconix
Itaconix develops and produces bio-based specialty polymers that
improve the safety, performance and sustainability of consumer and
industrial products, with technology and market leading positions
in non-phosphate detergents, odour control, and hair styling.
www.itaconix.com
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END
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