Director/PDMR Shareholding

RNS Number : 1884U

ITM Power PLC

24 March 2023

 

24 March 2023

ITM Power PLC

("ITM Power" or the "Company")

PDMR Dealings

ITM Power is pleased to announce that it has been notified that certain directors of the Company (the "Directors") have purchased, in aggregate, 63,233 ordinary shares in the Company as listed below.

PDMR	Number of shares purchased
Dennis Schulz (CEO)	24,460
Andrew Allen (CFO)	18,872
Dr Simon Bourne (CTO)	19,901

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dennis Schulz
2.	Reason for the notification
a)	Position/status	Chief Executive Officer (PDMR)
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 of 5p each
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		€0.8914	11,100
d)	Aggregated information
	- Aggregated volume	11,100
	- Price	€0.8914
e)	Date of the transaction	2023-03-22
f)	Place of the transaction	London Stock Exchange (XLON)
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 of 5p each
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0.7486	13,360
d)	Aggregated information
	- Aggregated volume	13,360
	- Price	£0.7486
e)	Date of the transaction	2023-03-24
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 (PDMR)
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 of 5p each
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0.7948	18,872
d)	Aggregated information
	- Aggregated volume	18,872
	- Price	£0.7948
e)	Date of the transaction	2023-03-24
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dr Simon Bourne
2.	Reason for the notification
a)	Position/status	Chief Technology Officer (PDMR)
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 of 5p each
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0.7537	19,901
d)	Aggregated information
	- Aggregated volume	19,901
	- Price	£0.7537
e)	Date of the transaction	2023-03-24
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

ITM Power PLC	[phone]
Vicky Williams (Company Secretary) James Collins / Justin Scarborough (Investor Relations)

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