For release on: 20 July 2022
Itaconix plc
("Itaconix" or the "Company")
Board Change
Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in plant-based specialty polymers used as essential ingredients in everyday consumer products, is pleased to announce a change to the Board.
Laura Denner is appointed to the Board of Itaconix as an Executive Director effective today. Laura has assumed increasing finance, accounting, and operations responsibilities since joining Itaconix Corporation in 2013. She has served as the Company's Chief Financial Officer since 2018. Previously, she worked as Audit Manager for Feeley & Driscoll (now within BDO). She holds a Master of Science degree in accounting from Boston College and a Bachelor of Arts degree in accounting and international studies from Bryant University.
The Board now comprises Dr. Peter Nieuwenhuizen (Non-Executive Interim Chair), John R. Shaw (Chief Executive Officer), and Laura Denner (Chief Financial Officer).
Dr. Peter Nieuwenhuizen, Interim Chair, commented:
"I have watched Laura play a key role in developing Itaconix with John Shaw and Dr. Yvon Durant since I first engaged with the Company in 2016. As we reach new levels of revenues and commercial progress, she will contribute valuable finance knowledge and operating experience to our next stage of growth.
"I am pleased to welcome her to the Board."
Regulatory disclosures
INFORMATION REQUIRED UNDER RULE 17 AND SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES FOR COMPANIES ("AIM RULES")
| Full name: | Laura Elizabeth Denner |
| Age: | 39 |
| Shareholding in the Company: | 12,706,636 Shares |
| Current directorships and partnerships: | Itaconix (U.K.) Limited Itaconix EBT Limited Itaconix Corporation |
| | Stoneface of Brentwood, LLC |
There is no further information to be disclosed in relation to the director appointment pursuant to Rule 17 and Schedule 2, paragraph (g) of the AIM Rules.
- Ends -
For further information please contact:
| Itaconix plc | +1 603 775 4400 |
| John R. Shaw / Laura Denner | |
| Belvedere Communications | +44 (0) 203 576 0320 |
| John West / Llew Angus | |
| finnCap | +44 (0) 20 7220 0500 |
| Ed Frisby / Abigail Kelly / Milesh Hindocha (Corporate Finance) Andrew Burdis / Sunila de Silva (ECM) | |
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 products in detergents, hygiene, and hair care. Itaconix's contributions to the global low carbon economy are recognised by the London Stock Exchange's Green Economy Mark.
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