REG - ITM Power PLC - Retirement of Non-Executive Director

ITM PowerAnnouncement

13/07/2020 07:00

RNS Number : 7348S
  
ITM Power PLC
  
13 July 2020
  
 

13 July 2020
 
ITM Power plc
("ITM Power" or the "Company")
 
Retirement of Non-executive Director
 
ITM Power (AIM: ITM), the energy storage and clean fuel company, announces that Robert Pendlebury has decided to retire from his role as a Non-executive Director with effect from 31 July 2020.
 
Sir Roger Bone said: "I would like to thank Bob for his valuable contribution during his five years with us.  We will miss his expertise and experience.  On behalf of all of us at ITM Power, I wish him a long and happy retirement."
 
For further information please visit www.itm-power.com or contact:
 



ITM Power plc


(0)114 244 5111




Nicola Ham Edmonds, Company Secretary


 




Investec Bank plc (Nominated Adviser and Broker) 


(0)20 7597 5970




Chris Sim / Jeremy Ellis / Ben Griffiths


 




Tavistock (Financial PR and IR)


(0)20 7920 3150




Simon Hudson / Edward Lee / Barney Hayward


 



 
About ITM Power plc
ITM Power plc manufactures integrated hydrogen energy solutions for grid balancing, energy storage and the production of renewable hydrogen for transport, renewable heat and chemicals. ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004.  In October 2019, the Company announced the completion of a £58.8 million fundraise, including a subscription by Linde of £38 million, together with the formation of a joint-venture with Linde to focus on delivering renewable hydrogen to large scale industrial projects worldwide.  ITM Power signed a forecourt siting agreement with Shell for hydrogen refuelling stations in September 2015, (which was extended in May 2019 to include buses, trucks, trains and ships) and in January 2018 a deal to deploy a 10MW electrolyser at Shell's Rhineland refinery. ITM Power announced the lease of the world's largest electrolyser factory in Sheffield with a capacity of 1GW (1,000MW) per annum in July 2019. Customers and partners include Sumitomo, Ørsted, Phillips 66, National Grid, Cadent, Northern Gas Networks, Gasunie, RWE, Engie, BOC Linde, Toyota, Honda, Hyundai and Anglo American among others.
 
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