Grants of Options & PDMR dealings

Summary by AI BETAClose X

Itaconix PLC announced the grant of 384,025 share options under its employee share option plan, with 216,350 options allocated to persons discharging managerial responsibilities (PDMRs). Specifically, CEO John Shaw received 14,871 options at an exercise price of £1.055 for 2025 long-term incentives and 107,888 options at the same price for 2026-2028 long-term incentives, while CFO Laura Denner received 12,675 options at £1.055 for 2025 and 80,916 options at £1.055 for 2026-2028. These long-term incentive options are subject to revenue, adjusted EBITDA, and total shareholder return targets over five years, alongside continued employment. As of the announcement date, a total of 956,302 options are outstanding.

Disclaimer*

Itaconix PLC
23 April 2026
 

For immediate release

Itaconix plc

("Itaconix" or the "Company")

 

Grants of Options & PDMR dealings

 

Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in high-performance plant-based specialty polymers, announces a grant of options to certain PDMRs.

 

On 21 April 2026, a total of 384,025 options over ordinary shares of £0.50 in the Company ("Options") were granted under the Company's employee share option plan. Of the Options granted, 216,350 Options were granted to certain persons discharging managerial responsibilities ("PDMRs"). The following PDMRs were granted Options:

 

Grant of options for 2025 Long Term Incentives

 

Name

 

Position

Number of Options granted

Exercise Price

Vesting date

John R. Shaw

Chief Executive Officer

14,871

 £1.055

21 April 2026

Laura Denner

Chief Financial Officer

12,675

 £1.055

21 April 2026

 

Grant of options for 2026-2028 Long Term Incentives

 

Name

 

Position

Number of Options granted

Exercise Price

John R. Shaw

Chief Executive Officer

107,888

 £1.055

Laura Denner

Chief Financial Officer

80,916

 £1.055

 

The Company's employee share option plan has been designed to reward employees of the Company for performance that delivers value for shareholders and incentivise employees to work effectively together to deliver key corporate objectives. The vesting of the 2026-2028 Long Term Incentive Options is based on achievement of revenue, adjusted EBITDA, and total shareholder return targets within the next 5 years and continued employment.

 

As at today's date, there are a total of 956,302 Options outstanding.

 

Itaconix plc

+1 603 775-4400

 

John R. Shaw / Laura Denner


 

Rosewood

+44 (0)20 7653 8702

 

John West / Llewellyn Angus


 

Canaccord Genuity - Nominated Adviser and Sole Broker

+44 (0) 20 7523 8000

 

Adam James / Harry Pardoe

 


 

Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

John Shaw

2

Reason for 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

2138000KA3GOCK2ZA496

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

Identification Code

Options over Ordinary Shares of 10 pence each

GB00BPK3YZ68

 

 

b.

Nature of the transaction

Issuance of Options

 c.

Price(s) and volume(s)

 

Exercise Price(s)

Volume(s)

£1.055

14,871

d.

Aggregated information

- Aggregated Volume

- Price

 N/A

 

e.

Date of the transaction

21 April 2026

f.

Place of the transaction

Outside a trading venue

 

Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Laura Denner

2

Reason for notification

a.

Position/Status

Chief Financial 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

2138000KA3GOCK2ZA496

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

Identification Code

Options over Ordinary Shares of 10 pence each

GB00BPK3YZ68

 

 

b.

Nature of the transaction

Issuance of Options

 c.

Price(s) and volume(s)

 

Exercise Price(s)

Volume(s)

£1.055

12,675

d.

Aggregated information

- Aggregated Volume

- Price

 N/a

 

e.

Date of the transaction

21 April 2026

f.

Place of the transaction

Outside a trading venue



 

Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

John Shaw

2

Reason for 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

2138000KA3GOCK2ZA496

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

Identification Code

Options over Ordinary Shares of 10 pence each

GB00BPK3YZ68

 

 

b.

Nature of the transaction

Issuance of Options

 c.

Price(s) and volume(s)

 

Exercise Price(s)

Volume(s)

£1.055

107,888

d.

Aggregated information

- Aggregated Volume

- Price

 N/A

 

e.

Date of the transaction

21 April 2026

f.

Place of the transaction

Outside a trading venue

 

Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Laura Denner

2

Reason for notification

a.

Position/Status

Chief Financial 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

2138000KA3GOCK2ZA496

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

Identification Code

Options over Ordinary Shares of 10 pence each

GB00BPK3YZ68

 

 

b.

Nature of the transaction

Issuance of Options

 c.

Price(s) and volume(s)

 

Exercise Price(s)

Volume(s)

£1.055

80,916

d.

Aggregated information

- Aggregated Volume

- Price

 N/a

 

e.

Date of the transaction

21 April 2026

f.

Place of the transaction

Outside a trading venue

 

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 cost-effective, decarbonized consumer products in home and personal care.   

www.itaconix.com

 

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