ITM Power PLC Director/PDMR Shareholding

RNS Number : 6779K

ITM Power PLC

15 April 2024

 

16 April 2024

ITM Power PLC

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 £150 of ordinary shares per month and ITM Power matches the purchase on a one-for-one basis. Under the rules, an annual top-up is permitted and this took place in March 2024. The purchases and awards for PDMRs for April 2024 are as follows: 

 

Name of PDMR	Number of Partnership Shares Purchased	Number of Matching Shares Awarded	Total
Andrew Allen	285	285	570
Simon Bourne	285	285	570
Dennis Schulz	1711	1711	3422

 

Enquiries:

ITM Power PLC	[phone]
Huan Quayle (Company Secretary) Justin Scarborough (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 /Amendment	Initial Notification
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 financial instrument, type of instrument	Ordinary shares of 5p each
	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)
		£0.52610	570
d)	Aggregated information
	- Aggregated volume	570
	- Price	£0.52610 per share
e)	Date of the transaction	2024-04-15
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 /Amendment	Initial Notification
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 financial instrument, type of instrument	Ordinary shares of 5p each
	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)
		£0.52610	570
d)	Aggregated information
	- Aggregated volume	570
	- Price	£0.52610 per share
e)	Date of the transaction	2024-04-15
f)	Place of the transaction	London Stock Exchange (XLON)

 

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
b)	Initial notification /Amendment	Initial Notification
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 financial instrument, type of instrument	Ordinary shares of 5p each
	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)
		£0.52610	3422
d)	Aggregated information
	- Aggregated volume	3422
	- Price	£0.52610 per share
e)	Date of the transaction	2024-04-15
f)	Place of the transaction	London Stock Exchange (XLON)

 

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