RNS Number : 0982H
ITM Power PLC
15 March 2024
 

15 March 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. The purchases and awards for PDMRs for March 2024 are as follows:

 

Name of PDMR

Number of Partnership Shares Purchased

Number of Matching Shares Awarded

Total

Andrew Allen

270

270

540

Simon Bourne

270

270

540

Dennis Schulz

270

270

540

 

Enquiries:

ITM Power PLC

+44 (0)114 244 5111

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)

£0.55663

540

d)

Aggregated information



- Aggregated volume

540


- Price

£0.55663 per share

e)

Date of the transaction

2024-03-15

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)

£0.55663

540

d)

Aggregated information



- Aggregated volume

540


- Price

£0.55663 per share

e)

Date of the transaction

2024-03-15

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)

£0.55663

540

d)

Aggregated information



- Aggregated volume

540


- Price

£0.55663 per share

e)

Date of the transaction

2024-03-15

f)

Place of the transaction

London Stock Exchange (XLON)

 

-ends-

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