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RNS Number : 2595U ITM Power PLC 01 December 2021
1 December 2021
ITM Power PLC
("ITM Power" or "the Company")
Total Voting Rights
In line with the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules, ITM Power (AIM: ITM), the energy storage and clean fuel
group, announces that as at today's date, the Company's total issued share
capital is 613,158,155 ordinary shares of 5p each ("Ordinary Shares"). There
has been no change since the last disclosure.
The Company does not hold any Ordinary Shares in treasury. Therefore, the
total number of voting rights in ITM Power plc is 613,158,155.
The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, ITM Power plc under the FCA's
Disclosure Guidance and Transparency Rules.
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 / Edward Lee / Tim Pearson
About ITM Power PLC:
ITM 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 £58.8m fundraising, including an investment by Linde of
£38m, together with the formation of a joint venture to deliver renewable
hydrogen to large-scale industrial projects worldwide. In November 2020, ITM
Power completed a £172m fundraising, including a £30m investment by Snam,
one of the world's leading energy infrastructure operators. In January 2021,
the Company received an order for the world's then largest PEM electrolyser of
24MW from Linde. In October 2021, the Company, with Linde, announced the
deployment of a 100MW electrolyser at Shell's Rhineland refinery, following
the start-up of an initial 10MW facility at the site.
ITM Power operates from the world's largest electrolyser factory in
Sheffield with a capacity of 1GW (1,000MW) per annum, with the announced
intention to build a second UK Gigafactory in Sheffield with a capacity of
1.5GW expected to be fully operational by the end of 2023. The Group's first
international facility, expected to have a capacity of 2.5GW per annum, is
intended to be operational by the end of 2024, bringing total Group capacity
to 5GW per annum. 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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