LONDON, UK: Itaconix Plc announced the removal of restrictive legends on the Company’s 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 10th 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.
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.
Itaconix PLC share price
11.00 GBX−0.25 (2.22%)today
16 Jul, 4:04 pm GMT+1 ·Disclaimer
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