ITM Power PLC Director/PDMR Shareholding (4041J)

TIDMITM

RNS Number : 4041J

ITM Power PLC

15 August 2023

15 August 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 August 2023 are as follows:

 
                 Number of Partnership   Number of Matching 
 Name of PDMR       Shares Purchased       Shares Awarded     Total 
--------------  ----------------------  -------------------  ------ 
 Andrew Allen             154                   154            308 
 Simon Bourne             154                   154            308 
--------------  ----------------------  -------------------  ------ 
 

Enquiries:

 
 ITM Power PLC                         [phone] 
 Vicky Williams (Company Secretary) 
  James Collins (Corporate Affairs) 
 
 
 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) 
      -----------------------------------  --------------------------  ------------------- 
                                            GBP0.972161                 308 
 ----------------------------------------  --------------------------  ------------------- 
 d)    Aggregated information 
  - Aggregated volume                       308 
  - Price                                   GBP0.972161 per share 
 ----------------------------------------  ----------------------------------------------- 
 e)    Date of the transaction              2023-08-15 
      -----------------------------------  ----------------------------------------------- 
 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. 972161                 308 
 ---------------------------------------  ---------------------------  ------------------ 
 d)    Aggregated information 
  - Aggregated volume                      308 
  - Price                                  GBP0. 972161 per share 
 ---------------------------------------  ----------------------------------------------- 
 e)    Date of the transaction             2023-08-15 
      ----------------------------------  ----------------------------------------------- 
 f)    Place of the transaction            London Stock Exchange (XLON) 
      ----------------------------------  ----------------------------------------------- 
 

-ends-

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