Director/PDMR Shareholding

RNS Number : 7357S
ITM Power PLC
17 November 2021
 

17 November 2021

ITM Power PLC

("ITM Power" or the "Company")

PDMR Dealings

ITM Power announces the following purchases of shares by Directors (Persons Discharging Management Responsibilities or "PDMRs") in the placing announced on 14 October 2021, which completed on 16 November 2021:

Name

Role

Number of New Shares

Total Shares Held (See note 1)

Shareholding (%) (See note 2)

Andrew Allen

Chief Financial Officer

18,750

65,906

0.01%

Sir Roger Bone

Chairman

6,250

286,236

0.05%

Simon Bourne

Chief Technology Officer

12,500

92,267

0.02%

Graham Cooley

Chief Executive Officer

62,500

768,882

0.13%

Martin Green

Non-Executive Director

9,000

64,319

0.01%

Katherine Roe

Non-Executive Director

5,000

12,659

0.002%

Rachel Smith

Services Director

12,500

82,961

0.01%

Notes:

1.  Beneficial shareholding, which excludes shares held in the Company's Buy as You Earn ("BAYE") Share Incentive Plan.

2.  Percentage of total issued share capital/total voting rights. Total issued share capital/total voting rights are 613,158,155.

 

ITM Power also announces purchases by, and awards of shares to, the Executive Directors under the BAYE. Under the BAYE, employees can buy up to £150 of ordinary shares per month and ITM Power matches the purchase on a one-for-one basis. The purchases and awards for PDMRs for November 2021 are as follows:

Name of PDMR

Number of Partnership Shares Purchased

Number of Matching Shares Awarded

Total Shares Acquired

Total Shares in Trust

Andrew Allen

29

29

58

1,254

Simon Bourne

29

29

58

1,254

Graham Cooley

29

29

58

1,254

Rachel Smith

29

29

58

1,254

 

Enquiries:

ITM Power plc

+44 (0)114 263 7646

Helen Baker (Company Secretary)
James Collins (Investor Relations)

 

 

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

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

c)

Price(s) and volume(s)

Price(s)

Volume(s)

400p

18,750

d)

Aggregated information

 

 

- Aggregated volume

18,750

 

- Price

400p per share

e)

Date of the transaction

2021-11-16

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

Chairman

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

c)

Price(s) and volume(s)

Price(s)

Volume(s)

400p

6,250

d)

Aggregated information

 

 

- Aggregated volume

6,250

 

- Price

400p per share

e)

Date of the transaction

2021-11-16

f)

Place of the transaction

London Stock Exchange (XLON)

 

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

Ordinary shares of 5p each

 

Identification code

ISIN: GB00B0130H42

b)

Nature of the transaction

Purchase of ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

400p

12,500

d)

Aggregated information

 

 

- Aggregated volume

12,500

 

- Price

400p per share

e)

Date of the transaction

2021-11-16

f)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Graham Cooley

2.

Reason for the notification

a)

Position/status

Chief Executive 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

Ordinary shares of 5p each

 

Identification code

ISIN: GB00B0130H42

b)

Nature of the transaction

Purchase of ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

400p

62,500

d)

Aggregated information

 

 

- Aggregated volume

62,500

 

- Price

400p per share

e)

Date of the transaction

2021-11-16

f)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Martin Green

2.

Reason for the notification

a)

Position/status

Non-executive Director

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

c)

Price(s) and volume(s)

Price(s)

Volume(s)

400p

9,000

d)

Aggregated information

 

 

- Aggregated volume

9,000

 

- Price

400p per share

e)

Date of the transaction

2021-11-16

f)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Katherine Roe

2.

Reason for the notification

a)

Position/status

Non-executive Director

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

c)

Price(s) and volume(s)

Price(s)

Volume(s)

400p

5,000

d)

Aggregated information

 

 

- Aggregated volume

5,000

 

- Price

400p per share

e)

Date of the transaction

2021-11-16

f)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Rachel Smith

2.

Reason for the notification

a)

Position/status

Executive Director

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

c)

Price(s) and volume(s)

Price(s)

Volume(s)

400p

12,500

d)

Aggregated information

 

 

- Aggregated volume

12,500

 

- Price

400p per share

e)

Date of the transaction

2021-11-16

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

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

Automatic monthly purchase under the ITM Power Share Incentive Plan and matching award on a 1:1 ratio

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£5.081955

58

d)

Aggregated information

 

 

- Aggregated volume

58

 

- Price

£5.081955 per share

e)

Date of the transaction

2021-11-15

f)

Place of the transaction

London Stock Exchange (XLON)

 

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

Ordinary shares of 5p each

 

Identification code

ISIN: GB00B0130H42

b)

Nature of the transaction

Automatic monthly purchase under the ITM Power Share Incentive Plan and matching award on a 1:1 ratio

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£5.081955

58

d)

Aggregated information

 

 

- Aggregated volume

58

 

- Price

£5.081955 per share

e)

Date of the transaction

2021-11-15

f)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Graham Cooley

2.

Reason for the notification

a)

Position/status

Chief Executive 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

Ordinary shares of 5p each

 

Identification code

ISIN: GB00B0130H42

b)

Nature of the transaction

Automatic monthly purchase under the ITM Power Share Incentive Plan and matching award on a 1:1 ratio

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£5.081955

58

d)

Aggregated information

 

 

- Aggregated volume

58

 

- Price

£5.081955 per share

e)

Date of the transaction

2021-11-15

f)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Rachel Smith

2.

Reason for the notification

a)

Position/status

Executive Director

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

Automatic monthly purchase under the ITM Power Share Incentive Plan and matching award on a 1:1 ratio

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£5.081955

58

d)

Aggregated information

 

 

- Aggregated volume

58

 

- Price

£5.081955 per share

e)

Date of the transaction

2021-11-15

f)

Place of the transaction

London Stock Exchange (XLON)

 

-ends-

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