ITM Power PLC Appointment of Non-Executive Director (4729T)

TIDMITM

RNS Number : 4729T

ITM Power PLC

25 July 2022

25 July 2022

ITM Power PLC

("ITM Power" or the "Company")

Appointment of Non-Executive Director

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce the appointment of Denise Cockrem as a non-executive director with immediate effect.

Denise is Group Chief Financial Officer of Ecclesiastical Insurance Office plc, a specialist insurance provider that is part of the Benefact Group - a charity owned, international family of financial services companies that exist to donate profits to good causes. She joined Ecclesiastical Insurance Office plc in August 2018 from Good Energy Group plc, an AIM listed renewable electricity company where she was Chief Financial Officer.

Before joining Good Energy Group, Denise held a variety of finance roles at RSA Insurance Group, Direct Line, Royal Bank of Scotland and Barclays, which followed roles at Neville Russell and Ernst and Young. She was a Non-Executive Director of Skipton Building Society from September 2015 to April 2021.

Denise is a chartered accountant and a fellow of The Institute of Chartered Accountants in England and Wales.

Sir Roger Bone, Chairman of ITM Power, said: "I am delighted to welcome Denise to the Board of ITM Power. She combines a strong history of knowledge and experience of accounting with valuable experience in the renewable energy sector. She will bring directly relevant skills to the governance and future development of the Company. I am delighted she has agreed to join us and look forward to working with her."

Graham Cooley, CEO of ITM Power, said: "I would like to welcome Denise as a Non-Executive Director. ITM Power will greatly benefit from the wealth of experience that her appointment brings. We look forward to working with her as ITM Power continues to grow."

Denise Cockrem said: "I am excited to be joining the Board of ITM Power. The Company is playing a key role in global efforts to decarbonise fuel and energy, which is hugely important in the road to net zero. I look forward to working with the team to share my experience and help them achieve their ambitions."

Further regulatory disclosures

Other than as disclosed below, there are no further disclosures to be made in accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies:

 
 Name:                           Denise Patricia Cockrem 
 
 Age:                            59 
 
 Previous names:                 Denise Patricia Lear 
 
 Current directorships and partnerships: 
 Company/ partnership                             From 
 Benefact Group plc                               Sep 2019 
 Ecclesiastical Insurance Office plc              Sep 2019 
 Ecclesiastical Group Healthcare Trustees 
  Limited                                         Jun 2019 
 Ecclesiastical Underwriting Management 
  Limited                                         Sep 2018 
 Edentree Asset Management Limited                Apr 2019 
 Edentree Investment Management Limited           Dec 2018 
 Lycetts Holdings Limited                         Oct 2018 
 Lycett, Browne-Swinburn & Douglass Limited       Apr 2020 
 
 Past directorships and partnerships (in the previous five 
  years): 
 Company/ partnership                             From       To 
 Ecclesiastical Planning Services Limited         Dec 2018   Dec 2019 
 Skipton Group Holdings Limited                   Sep 2015   Apr 2021 
 Good Energy Development (No. 25) Limited         Jun 2015   Mar 2018 
 Good Energy Development (No. 26) Limited         Jun 2015   Mar 2018 
 Good Energy Development (No. 27) Limited         Jun 2015   Mar 2018 
 Good Energy Development (No. 28) Limited         Jun 2015   Mar 2018 
 Good Energy Development (No. 29) Limited         Jun 2015   Mar 2018 
 Good Energy Generation Assets No. 1 Limited      Oct 2014   Mar 2018 
 Good Energy Holding Company No. 1 Limited        Sep 2014   Mar 2018 
 Core Brynwhilach Limited                         Jun 2014   Mar 2018 
 Good Energy Carloggas Solar Park (009) 
  Limited                                         Jun 2014   Mar 2018 
 Good Energy Cedar Windfarm Limited               Jun 2014   Mar 2018 
 Good Energy Cross Road Plantation Solar 
  Park (028) Limited                              Jun 2014   Mar 2018 
 Good Energy Delabole Windfarm Limited            Jun 2014   Mar 2018 
 Good Energy Development (No.1) Limited           Jun 2014   Mar 2018 
 Good Energy Development (No.3) Limited           Jun 2014   Mar 2018 
 Good Energy Development (No.4) Limited           Jun 2014   Mar 2018 
 Good Energy Development (No.5) Limited           Jun 2014   Mar 2018 
 Good Energy Development (No.6) Limited           Jun 2014   Mar 2018 
 Good Energy Development (No.7) Limited           Jun 2014   Mar 2018 
 Good Energy Development (No.8) Limited           Jun 2014   Mar 2018 
 Good Energy Development (No.9) Limited           Jun 2014   Mar 2018 
 Good Energy Development (No.10) Limited          Jun 2014   Mar 2018 
 Good Energy Development (No.12) Limited          Jun 2014   Mar 2018 
 Good Energy Development (No.14) Limited          Jun 2014   Mar 2018 
 Good Energy Development (No.15) Limited          Jun 2014   Mar 2018 
 Good Energy Development (No.16) Limited          Jun 2014   Mar 2018 
 Good Energy Development (No.17) Limited          Jun 2014   Mar 2018 
 Good Energy Development (No.20) Limited          Jun 2014   Mar 2018 
 Good Energy Development (No.21) Limited          Jun 2014   Mar 2018 
 Good Energy Development (No.22) Limited          Jun 2014   Mar 2018 
 Good Energy Development (No. 24) Limited         Jun 2014   Mar 2018 
 Good Energy Development (No. 30) Limited         Jun 2014   Mar 2018 
 Good Energy Gas Limited                          Jun 2014   Mar 2018 
 Good Energy Hampole Windfarm Limited             Jun 2014   Mar 2018 
 Good Energy Lanyon Solar Park (011) Limited      Jun 2014   Mar 2018 
 Good Energy Lower End Farm Solar Park 
  (026) Limited                                   Jun 2014   Mar 2018 
 Good Energy Mapperton Solar Park (007) 
  Limited                                         Jun 2014   Mar 2018 
 Good Energy Rook Wood Solar Park (057) 
  Limited                                         Jun 2014   Mar 2018 
 Good Energy Woolbridge Solar Park (010) 
  Limited                                         Jun 2014   Mar 2018 
 Homegrown Energy Ltd                             Jun 2014   Mar 2018 
 Llangyfelach Community Solar Farm C.I.C.         Jun 2014   Mar 2018 
 Worminster Down Somerset Community Solar 
  Farm C.I.C.                                     Jun 2014   Mar 2018 
 Core Newton Downs Limited                        Jun 2014   Dec 2017 
 Good Energy Limited                              Jun 2014   Mar 2018 
 Good Energy Creathorne Farm Solar Park 
  (003) Limited                                   Jun 2014   Mar 2018 
 Good Energy Generation Limited                   Jun 2014   Mar 2018 
 Good Energy Group plc                            May 2014   Mar 2018 
 Good Energy Tidal Limited                        May 2014   Mar 2018 
 
 Shareholding in ITM Power:      Nil 
 
 

For further information please visit www.itm-power.com or contact:

 
ITM Power PLC 
 Helen Baker, Company Secretary 
 James Collins, Investor Relations          [phone] 
Investec Bank plc (Nominated Adviser 
 and Broker) 
 Jeremy Ellis / Chris Sim / Ben Griffiths   [phone] 
Tavistock (Financial PR and IR) 
 Simon Hudson / David Cracknell / Tim 
 Pearson                                    [phone] 
 

About ITM Power PLC

ITM Power manufactures integrated hydrogen energy solutions for grid balancing, energy storage and the production of renewable hydrogen for transport, renewable heat and chemicals. ITM Power PLC was admitted to the AIM market of the London Stock Exchange in 2004.

ITM Power operates from the world's largest electrolyser factory in Sheffield with a capacity of 1 GW (1,000 MW) per annum and has a plan to grow capacity in line with demand to 5 GW per annum, supported by a GBP250m equity raise in Q4 2021. Partners include Linde, Shell, Snam, and Vitol among others.

-ends-

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOARTMMTMTBTBAT

(END) Dow Jones Newswires

July 25, 2022 02:00 ET (06:00 GMT)