Business

Exercise of Options, Directors' Dealing & TVR

Exercise of Options, Directors' Dealing & TVR.

articleItaconix PlcAugust 2, 20185/company/itaconix-plc/news/exercise-of-options-directors-dealing-and-tvr
Exercise of Options, Directors' Dealing & TVR

About this update from Itaconix Plc

[{"type":"text","content":"\n \nRNS Number : 6582W Itaconix PLC 02 August 2018  \n\n \nItaconix plc (\"Itaconix\" or \"the Company\") \nExercise of Options, Directors' Dealing\n& Total Voting Rights\nItaconix (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. \n \nIn 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.\nFollowing 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.\nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.\n \nEnds\nFor further information please contact:\n\n\n\n\nItaconix\n\n\n+44 (0) 1244 283 500\n\n\n\n\nKevin Matthews / Robin Cridland\n\n\n \n\n\n\n\nN+1 Singer \n\n\n+44 (0) 207 496 3000\n\n\n\n\nRichard Lindley / Jen Boorer (Corporate Finance)\n\n\n \n\n\n\n\n \n \n \n\n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities/person closely associated\n\n\n\n\na)\n\n\nName\n\n\nROBIN CRIDLAND\n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\n\na)\n\n\n\nPosition/status\n\n\nEXECUTIVE DIRECTOR\n\n\n\n\nb)\n\n\nInitial notification/Amendment\n\n\nInitial notification\n\n\n\n\n3\n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\nItaconix plc\n\n\n\n\nb)\n\n\nLEI\n\n\n213800OKA3GOCK2ZA496\n\n\n\n\n4\n\n\nD...

More updates from Itaconix Plc