REG - ITM Power PLC - Director/PDMR Shareholding

ITM PowerAnnouncement

31/10/2024 07:00

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RNS Number : 3125K  ITM Power PLC  31 October 2024

31 October 2024

 

ITM Power PLC

("ITM Power" or the "Company")

 

PDMR Dealings

 

ITM Power is pleased to announce that it has been notified that certain
directors of the Company (the "Directors") have purchased, in aggregate,
306,983 ordinary shares in the Company as listed below.

 

 PDMR                         Number of shares purchased  Total holdings following acquisition
 Dennis Schulz (CEO)          126,500                     441,051
 Dr Simon Bourne (CTO)        60,126                      1,358,832
 Denise Cockrem (NED)         12,484                      16,996
 Sir Roger Bone (NED, Chair)  73,500                      359,736
 Andrew Allen (CFO)           34,373                      799,360

 

The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further detail.

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Dennis Schulz
 2.  Reason for the notification
 a)  Position/status                                              Chief Executive Officer (PDMR)
 b)  Initial notification /Amendment                              Initial Notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         ITM Power PLC
 b)  LEI                                                          21380042MB2JKZ6RRP12
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of 5p each
     Identification code                                          ISIN: GB00B0130H42
 b)  Nature of the transaction                                    Purchase of ordinary shares of 5p each
 c)  Price(s) and volume(s)                                       Price(s)                     Volume(s)
                                                                  £0.3998                      126,500
 d)  Aggregated information
     - Aggregated volume                                          126,500
     - Price                                                      £0.3998
 e)  Date of the transaction                                      2024-10-30
 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Dr Simon Bourne
 2.  Reason for the notification
 a)  Position/status                                              Chief Technology Officer (PDMR)
 b)  Initial notification /Amendment                              Initial Notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         ITM Power PLC
 b)  LEI                                                          21380042MB2JKZ6RRP12
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of 5p each
     Identification code                                          ISIN: GB00B0130H42
 b)  Nature of the transaction                                    Purchase of ordinary shares of 5p each
 c)  Price(s) and volume(s)                                       Price(s)                     Volume(s)
                                                                  £0.415788                    60,126
 d)  Aggregated information
     - Aggregated volume                                          60,126
     - Price                                                      £0.415788
 e)  Date of the transaction                                      2024-10-30
 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Denise Cockrem
 2.  Reason for the notification
 a)  Position/status                                              Non-Executive Director (PDMR)
 b)  Initial notification /Amendment                              Initial Notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         ITM Power PLC
 b)  LEI                                                          21380042MB2JKZ6RRP12
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of 5p each
     Identification code                                          ISIN: GB00B0130H42
 b)  Nature of the transaction                                    Purchase of ordinary shares of 5p each
 c)  Price(s) and volume(s)                                       Price(s)                     Volume(s)
                                                                  £0.399526                    12,484
 d)  Aggregated information
     - Aggregated volume                                          12,484
     - Price                                                      £0.399526
 e)  Date of the transaction                                      2024-10-30
 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Sir Roger Bone
 2.  Reason for the notification
 a)  Position/status                                              Non Executive Director (PDMR)
 b)  Initial notification /Amendment                              Initial Notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         ITM Power PLC
 b)  LEI                                                          21380042MB2JKZ6RRP12
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of 5p each
     Identification code                                          ISIN: GB00B0130H42
 b)  Nature of the transaction                                    Purchase of ordinary shares of 5p each
 c)  Price(s) and volume(s)                                       Price(s)                     Volume(s)
                                                                  £0.4046                      73,500
 d)  Aggregated information
     - Aggregated volume                                          73,500
     - Price                                                      £0.4046
 e)  Date of the transaction                                      2024-10-30
 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Andrew Allen
 2.  Reason for the notification
 a)  Position/status                                              Chief Financial Officer (PDMR)
 b)  Initial notification /Amendment                              Initial Notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         ITM Power PLC
 b)  LEI                                                          21380042MB2JKZ6RRP12
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of 5p each
     Identification code                                          ISIN: GB00B0130H42
 b)  Nature of the transaction                                    Purchase of ordinary shares of 5p each
 c)  Price(s) and volume(s)                                       Price(s)                     Volume(s)
                                                                  £0.436003                    34,373
 d)  Aggregated information
     - Aggregated volume                                          34,373
     - Price                                                      £0.436003
 e)  Date of the transaction                                      2024-10-30
 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 

Enquiries:

 ITM Power PLC                             +44 (0)114 244 5111
 Huan Quayle (Company Secretary)

Justin Scarborough (Investor Relations)

-ends-

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