Director/PDMR Shareholding

RNS Number : 9245K

ITM Power PLC

22 April 2015

 

ITM Power plc

("ITM Power" or "the Company")

Director Share Purchase

ITM Power (AIM: ITM), the energy storage and clean fuel company, has been informed that Sir Roger Bone, Non-Executive Director of ITM Power, acquired 28,750 Ordinary Shares in ITM Power at a price of 34.5p per share on the 21 April 2015. This purchase brings Sir Roger's total holding in ITM Power to 67,000 ordinary shares which represents 0.04% of the Company's issued share capital.

ITM Power plc Graham Cooley, CEO	[phone]
Zeus Capital Dan Bate / John Treacy / John Goold	[phone]
Tavistock Communications Simon Hudson / James Collins	[phone]

About ITM Power plc:

ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004 and raised its initial funding of £10m gross in its IPO.  Further funding rounds of £28.5m in 2006, £5.4m in 2012, £2m in 2013 and £10m in 2014 have been completed. The company received £4.9m as a strategic investment from JCB in March 2015. The Company has now made the transition from a research and development company to a product manufacturer and technology provider.  The Company currently has £9.97m of projects under contract and a further £5.79m of contracts in final stages of negotiation.

www.itm-power.com

 

END

 

 

RDSEANLFAFESEFF