Director/PDMR Shareholding

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	[phone]
Huan Quayle (Company Secretary) Justin Scarborough (Investor Relations)

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