ITM Power PLC Director/PDMR Shareholding (8867C)

TIDMITM

RNS Number : 8867C

ITM Power PLC

15 June 2023

15 June 2023

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 GBP150 of ordinary shares per month and ITM Power matches the purchase on a one-for-one basis. The purchases and awards for PDMRs for June 2023 are as follows:

 
                 Number of Partnership   Number of Matching 
 Name of PDMR       Shares Purchased       Shares Awarded     Total 
--------------  ----------------------  -------------------  ------ 
 Andrew Allen             193                   193            386 
 Simon Bourne             193                   193            386 
--------------  ----------------------  -------------------  ------ 
 

Enquiries:

 
 ITM Power PLC                          [phone] 
 Vicky Williams (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                  Initial Notification 
        /Amendment 
      ------------------------------------  ----------------------------------------------- 
 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                    Ordinary shares of 5p each 
        financial instrument, 
        type of instrument 
       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) 
      ------------------------------------  ------------------------  --------------------- 
                                             GBP0.77863                386 
 -----------------------------------------  ------------------------  --------------------- 
 d)    Aggregated information 
  - Aggregated volume                        386 
  - Price                                    GBP0.77863 per share 
 -----------------------------------------  ----------------------------------------------- 
 e)    Date of the transaction               2023-06-15 
      ------------------------------------  ----------------------------------------------- 
 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                  Initial Notification 
        /Amendment 
      ------------------------------------  ----------------------------------------------- 
 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                    Ordinary shares of 5p each 
        financial instrument, 
        type of instrument 
       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) 
      ------------------------------------  ------------------------  --------------------- 
                                             GBP0.77863                386 
 -----------------------------------------  ------------------------  --------------------- 
 d)    Aggregated information 
  - Aggregated volume                        386 
  - Price                                    GBP0.77863 per share 
 -----------------------------------------  ----------------------------------------------- 
 e)    Date of the transaction               2023-06-15 
      ------------------------------------  ----------------------------------------------- 
 f)    Place of the transaction              London Stock Exchange (XLON) 
      ------------------------------------  ----------------------------------------------- 
 

-ends-

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June 15, 2023 11:00 ET (15:00 GMT)