REG - ITM Power PLC - Block Listing Application

ITM PowerAnnouncement

27/08/2024 07:00

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RNS Number : 6894B  ITM Power PLC  27 August 2024

27 August 2024

 

ITM Power PLC

 

(the "Company")

 

Block Listing Application

 

ITM Power (AIM: ITM), announces that a block listing application (the "Block
Admission") has been made to the London Stock Exchange for up to 3,350,797
ordinary shares of £0.05 each (the "Block Listing Shares") to be admitted to
trading on AIM ("Admission").

 

The ordinary shares that are being reserved under this block listing
application will be issued by the Company, as required, in order to satisfy
the exercise of share options and vested awards pursuant to the terms of the
following share plans (each a "Scheme"):

 

 Scheme                                       No. of ordinary shares under block listing application
 2020 ITM Power PLC Long Term Incentive Plan  2,850,797
 2023 Deferred Bonus Plan                     500,000

 

The Block Listing Shares will, upon issue, rank equally with all other
ordinary shares of £0.05 each in the capital of the Company that are then in
issue. The Block Listing Admission is expected to become effective on 30
August 2024.

 

For further information please visit www.itm-power.com
(http://www.itm-power.com/)  or contact:

 

 ITM Power PLC  +44 (0)114 244 5111
 Justin Scarborough, Head of Investor Relations

 Huan Quayle, General Counsel & Company Secretary

About ITM Power PLC:

ITM Power was founded in 2000 and ITM Power PLC was admitted to the AIM
market of the London

Stock Exchange in 2004. Headquartered in Sheffield, England, ITM
Power designs and manufactures

electrolysers based on proton exchange membrane (PEM) technology to produce
green hydrogen, the only net zero energy gas, using renewable electricity and
water.

 

 

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