ITM Power PLC Director/PDMR Shareholding (8148M)

TIDMITM

RNS Number : 8148M

ITM Power PLC

19 September 2023

18 September 2023

ITM Power PLC

("ITM Power" or the "Company")

PDMR Dealings

ITM Power is pleased to announce that it has been notified that certain directors of the Company (the "Directors") have purchased, in aggregate, 12,129 ordinary shares in the Company as listed below.

 
 PDMR               Number of shares purchased 
 Dennis Schulz 
  (CEO)                                  5,800 
                   --------------------------- 
 Dr Simon Bourne 
  (CTO)                                  6,329 
                   --------------------------- 
 

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                   Dennis Schulz 
      -------------------------------------  ----------------------------------------- 
 2.    Reason for the notification 
      -------------------------------------------------------------------------------- 
 a)    Position/status                        Chief Executive Officer (PDMR) 
      -------------------------------------  ----------------------------------------- 
 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              Purchase of ordinary shares of 5p each 
      -------------------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s)                 Price(s)              Volume(s) 
                                             --------------------  ------------------- 
                                              GBP0.7956             5,800 
 ------------------------------------------  --------------------  ------------------- 
 d)    Aggregated information 
  - Aggregated volume                         5,800 
  - Price                                     GBP0.7956 
 ------------------------------------------  ----------------------------------------- 
 e)    Date of the transaction                2023-09-18 
      -------------------------------------  ----------------------------------------- 
 f)    Place of the transaction               London Stock Exchange (XLON) 
      -------------------------------------  ----------------------------------------- 
 
 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                 Dr Simon Bourne 
      -----------------------------------  ----------------------------------------- 
 2.    Reason for the notification 
      ------------------------------------------------------------------------------ 
 a)    Position/status                      Chief Technology Officer (PDMR) 
      -----------------------------------  ----------------------------------------- 
 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            Purchase of ordinary shares of 5p each 
      -----------------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s)               Price(s)                 Volume(s) 
                                           -----------------------  ---------------- 
                                            GBP0.789898              6,329 
 ----------------------------------------  -----------------------  ---------------- 
 d)    Aggregated information 
  - Aggregated volume                       6,329 
  - Price                                   GBP0.789898 
 ----------------------------------------  ----------------------------------------- 
 e)    Date of the transaction              2023-09-18 
      -----------------------------------  ----------------------------------------- 
 f)    Place of the transaction             London Stock Exchange (XLON) 
      -----------------------------------  ----------------------------------------- 
 

Enquiries:

 
 ITM Power PLC                          [phone] 
 Vicky Williams (Company Secretary) 
  James Collins / Justin Scarborough 
  (Investor Relations) 
 

-ends-

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September 19, 2023 02:00 ET (06:00 GMT)