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Itaconix ( (GB:ITX) ) has shared an announcement.
Itaconix has announced the grant of 66,500 options over ordinary shares under its employee share option plan, with 26,500 options allocated to key managerial personnel. This move is part of Itaconix’s strategy to incentivize its leadership team, potentially strengthening its market position in the sustainable consumer product sector.
More about Itaconix
Itaconix is a leader in sustainable plant-based polymers, utilizing its proprietary technology to produce specialty ingredients that enhance the safety, performance, and sustainability of consumer products. The company’s products are pivotal in the development of new generations of cleaning, hygiene, and beauty products.
YTD Price Performance: -31.82%
Average Trading Volume: 8,630
Technical Sentiment Signal: Strong Buy
Current Market Cap: £15.17M
See more data about ITX stock on TipRanks’ Stock Analysis page.