REG - ITM Power PLC - Director/PDMR Shareholding

ITM PowerAnnouncement

Thu 16:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260430:nRSd6520Ca&default-theme=true

RNS Number : 6520C  ITM Power PLC  30 April 2026

30 April 2026

ITM Power plc

Director/PDMR Shareholding

 

ITM Power announces that it has received notification of the following share
transactions by Persons Discharging Management Responsibilities ("PDMRs").

Dr Simon Bourne, CTO, has exercised options granted in 2018 and 2019 under the
ITM Power plc Share Option Plan 2010 and sold certain shares principally to
satisfy tax liabilities arising as a result of the exercise, as set out below:

 PDMR          Options exercised  Weighted average exercise price (£)   Options/ Shares sold  Weighted average sale price (£)   Options remaining after exercise  Current total beneficial shareholding  % ISC
 Simon Bourne  1,326,417          0.32                                  872,738               1.5744                            453,679                           656,570                                0.095

 

The information below, set out in accordance with the requirements of the EU
Market Abuse Regulation, provides further detail on shares sold.

Enquiries:

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

Justin Scarborough (Investor Relations)

 Berenberg

 Ciaran Walsh, Harry Nicholas              +44 (0)20 3207 7800

 J.P. Morgan Cazenove

 Richard Perelman, Charles Oakes           +44 (0)20 7742 4000

 

About ITM Power plc

ITM Power designs and manufactures industrial-scale electrolysers for green
hydrogen production. Its proprietary PEM technology, vertically integrated
manufacturing, and in-house engineering capabilities enable it to supply
standardised, high-performance hydrogen plants.

With a proven track record in large-scale projects, ITM Power helps leading
industrial and energy companies achieve their decarbonisation goals. In
addition to its equipment offering, the company provides reliable and
cost-competitive hydrogen supply through its build, own and operate (BOO)
model, Hydropulse.

Headquartered in the UK, ITM Power is listed on the London Stock Exchange AIM
(LSE: ITM) and holds the Green Economy Mark, which recognises companies that
generate over 50% of their revenues from green products and services.

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Simon Bourne
 2.  Reason for the notification
 a)  Position/status                                              Chief Technology Officer
 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  Options over ordinary shares of 5p each
     Identification code                                          ISIN: GB00B0130H42
 b)  Nature of the transaction                                    Exercise of options and partial sale of the resultant shares
 c)  Price(s) and volume(s)                                       Exercise price         Sale price             Volume(s)
     30p                                                                                 161.176p               163,524
                                                                  30p                    156.416p               596,653
                                                                  48p                    161.176p               24,214
                                                                  48p                    156.416p               88,347
 d)  Aggregated information
     - Aggregated volume                                          872,738
     - Weighted average price                                     157.44p per share
 e)  Date of the transaction                                      2026-04-24 and 2026-04-27
 f)  Place of the transaction                                     London Stock Exchange - AIM

 

 

-ends-

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHEALLEDFAKEFA



            Copyright 2019 Regulatory News Service, all rights reserved