ITM Power PLC

Director/PDMR Shareholding

RNS Number : 6853Y
ITM Power PLC
17 January 2022
 

17 January 2022

ITM Power PLC

("ITM Power" or the "Company")

 

PDMR Dealings - Buy as You Earn Scheme

 

ITM Power announces purchases by and awards of shares to the Executive Directors (Persons Discharging Management Responsibilities or "PDMRs") under the Company's Buy as You Earn ("BAYE") Share Incentive Plan. 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 January 2022 are as follows:

 

Name of PDMR

Number of Partnership Shares Purchased

Number of Matching Shares Awarded

Total

Andrew Allen

43

43

86

Simon Bourne

43

43

86

Graham Cooley

43

43

86

Rachel Smith

43

43

86

 

Enquiries:

 

ITM Power PLC

+44 (0)114 244 5111

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

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)

£3.4787

86

d)

Aggregated information

 

 

- Aggregated volume

86

 

- Price

£3.4787  per share

e)

Date of the transaction

2022-01-14

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)

£3.4787

86

d)

Aggregated information

 

 

- Aggregated volume

86

 

- Price

£3.4787  per share

e)

Date of the transaction

2022-01-14

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)

£3.4787

86

d)

Aggregated information

 

 

- Aggregated volume

86

 

- Price

£3.4787  per share

e)

Date of the transaction

2022-01-14

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)

£3.4787

86

d)

Aggregated information

 

 

- Aggregated volume

86

 

- Price

£3.4787  per share

e)

Date of the transaction

2022-01-14

f)

Place of the transaction

London Stock Exchange (XLON)

 

-ends-

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