ITM Power PLC Block Listing Application

RNS Number : 6894B

ITM Power PLC

27 August 2024

 

27 August 2024

 

ITM Power PLC

 

(the "Company")

 

Block Listing Application

 

ITM Power (AIM: ITM), announces that a block listing application (the "Block Admission") has been made to the London Stock Exchange for up to 3,350,797 ordinary shares of £0.05 each (the "Block Listing Shares") to be admitted to trading on AIM ("Admission").

 

The ordinary shares that are being reserved under this block listing application will be issued by the Company, as required, in order to satisfy the exercise of share options and vested awards pursuant to the terms of the following share plans (each a "Scheme"):

 

Scheme	No. of ordinary shares under block listing application
2020 ITM Power PLC Long Term Incentive Plan	2,850,797
2023 Deferred Bonus Plan	500,000

 

The Block Listing Shares will, upon issue, rank equally with all other ordinary shares of £0.05 each in the capital of the Company that are then in issue. The Block Listing Admission is expected to become effective on 30 August 2024.

 

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

 

ITM Power PLC	[phone]
Justin Scarborough, Head of Investor Relations Huan Quayle, General Counsel & Company Secretary

About ITM Power PLC:

ITM Power was founded in 2000 and ITM Power PLC was admitted to the AIM market of the London

Stock Exchange in 2004. Headquartered in Sheffield, England, ITM Power designs and manufactures

electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen, the only net zero energy gas, using renewable electricity and water.

 

 

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