REG - ITM Power PLC - Result of AGM

ITM PowerAnnouncement

29/10/2021 12:10

RNS Number : 7564Q
  
ITM Power PLC
  
29 October 2021
  
 

29 October 2021
 
ITM Power plc
("ITM Power" or the "Company")
 
Result of Annual General Meeting
 
ITM Power (AIM: ITM), the energy storage and clean fuel company, announces that all resolutions put to shareholders were duly passed on a poll at the Company's Annual General Meeting, which took place at 2 Bessemer Park, Sheffield, S9 1DZ at 10:00 this morning.
 
The votes cast were as follows:
 







For


Against


Withheld




Ordinary Resolutions:


Votes


%


Votes


%








1 - Annual Report and Accounts


245,205,684


99.99


20,301


0.01


1,967,445




2 - Directors' Remuneration Report


176,214,513


71.30


70,929,249


28.70


49,668




3 - Elect Tom Rae


230,749,532


93.36


16,420,227


6.64


23,671




4 - Re-elect Andrew Allen


240,243,118


97.20


6,927,981


2.80


22,331




5 - Re-elect Dr Graham Cooley


223,481,701


90.43


23,659,161


9.57


52,568




6 - Re-appoint Grant Thornton as auditors


240,313,996


97.22


6,860,990


2.78


18,444




7 - Directors' authority to allot shares


226,015,075


94.02


14,366,321


5.98


6,812,034




Special Resolution:
























8 - Disapply pre-emption rights


237,495,481


96.09


9,668,755


3.91


29,194



 
For further information, please visit www.itm-power.com or contact:
 



ITM Power plc


(0)114 244 5111




James Collins, Head of Investor Relations
Helen Baker, Company Secretary


















Investec Bank plc (Nominated Adviser and Broker) 


(0)20 7597 5970




Jeremy Ellis / Chris Sim / Ben Griffiths


















Tavistock (Financial PR and IR)


(0)20 7920 3150




Simon Hudson / Tim Pearson







 
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 fundraising, including an investment 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 deal to deploy a 10MW electrolyser at Shell's Rhineland refinery. In November 2020, ITM Power completed a £172m fundraising, including a £30m investment by Snam, one of the world's leading energy infrastructure operators. ITM Power operates from the world's largest electrolyser factory in Sheffield with a capacity of 1GW (1,000MW) per annum. ITM Power received an order for the world's largest PEM electrolyser of 24MW from Linde in January 2021. Other customers and partners include Sumitomo, Ørsted, Phillips 66, Scottish Power, Siemens Gamesa, Cadent, Northern Gas Networks, Gasunie, RWE, Engie, GNVert, National Express, Toyota, Hyundai and Anglo American among others.
 
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