Director/PDMR Shareholding

By

Regulatory News | 31 Oct, 2024

Updated : 07:01

RNS Number : 3125K
ITM Power PLC
31 October 2024
 

31 October 2024

 

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, 306,983 ordinary shares in the Company as listed below.

 

PDMR

Number of shares purchased

Total holdings following acquisition

Dennis Schulz (CEO)

126,500

441,051

Dr Simon Bourne (CTO)

60,126

1,358,832

Denise Cockrem (NED)

12,484

16,996

Sir Roger Bone (NED, Chair)

73,500

359,736

Andrew Allen (CFO)

34,373

799,360

 

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 /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

Purchase of ordinary shares of 5p each

c)

Price(s) and volume(s)

Price(s)

Volume(s)



£0.3998

126,500

d)

Aggregated information



- Aggregated volume

126,500


- Price

£0.3998

e)

Date of the transaction

2024-10-30

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 /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

Purchase of ordinary shares of 5p each

c)

Price(s) and volume(s)

Price(s)

Volume(s)



£0.415788

60,126

d)

Aggregated information



- Aggregated volume

60,126


- Price

£0.415788

e)

Date of the transaction

2024-10-30

f)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Denise Cockrem

2.

Reason for the notification

a)

Position/status

Non-Executive Director (PDMR)

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

Purchase of ordinary shares of 5p each

c)

Price(s) and volume(s)

Price(s)

Volume(s)



£0.399526

12,484

d)

Aggregated information



- Aggregated volume

12,484


- Price

£0.399526

e)

Date of the transaction

2024-10-30

f)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Sir Roger Bone

2.

Reason for the notification

a)

Position/status

Non Executive Director (PDMR)

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

Purchase of ordinary shares of 5p each

c)

Price(s) and volume(s)

Price(s)

Volume(s)



£0.4046

73,500

d)

Aggregated information



- Aggregated volume

73,500


- Price

£0.4046

e)

Date of the transaction

2024-10-30

f)

Place of the transaction

London Stock Exchange (XLON)

 

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 (PDMR)

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

Purchase of ordinary shares of 5p each

c)

Price(s) and volume(s)

Price(s)

Volume(s)



£0.436003

34,373

d)

Aggregated information



- Aggregated volume

34,373


- Price

£0.436003

e)

Date of the transaction

2024-10-30

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

Enquiries:

ITM Power PLC

+44 (0)114 244 5111

Huan Quayle (Company Secretary)
Justin Scarborough (Investor Relations)


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