ITM Power PLC Block Listing Application and TVR (4791B)
January 30 2020 - 9:54AM
UK Regulatory
TIDMITM
RNS Number : 4791B
ITM Power PLC
30 January 2020
30 January 2020
ITM Power plc
("ITM Power" or "the Company")
Block Listing Application
Total Voting Rights
ITM Power (AIM: ITM), the energy storage and clean fuel group,
announces that an application has been made to the London Stock
Exchange for 558,806 ordinary shares of 5p each ("Ordinary Shares")
to be admitted to trading on AIM. The Ordinary Shares are being
reserved and will be issued as required in order to cover future
issue of ordinary shares arising from ITM Power plc Share Option
Plan 2010.
When issued, the Ordinary Shares under the block listing will
rank pari passu with the Company's existing ordinary shares. It is
expected that admission will become effective on 4 February
2020.
At present the issued share capital of the Company comprises
472,667,923 ordinary shares. The Company does not hold any shares
in treasury. Therefore, the figure of 472,667,923 ordinary shares
may be used by shareholders as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of
ITM Power under the FCA's Disclosure Guidance and Transparency
Rules.
For further information, please visit www.itm-power.com or
contact:
ITM Power plc (0)114 244 5111
Nicola Ham Edmonds, Company Secretary
Investec Bank plc (Nominated Adviser
and Broker) (0)20 7597 5970
Jeremy Ellis / Chris Sim / Ben Griffiths
/ Tejas Padalkar
Tavistock (Financial PR and IR) (0)20 7920 3150
Simon Hudson / Edward Lee / Barney Hayward
About ITM Power plc:
ITM Power plc manufactures integrated hydrogen energy solutions
for grid balancing, energy storage and the production of green
hydrogen for transport, renewable heat and chemicals. ITM Power plc
was admitted to the AIM market of the London Stock Exchange in
2004. In October 2019, the Company announced the completion of a
GBP58.8 million fundraise, including a subscription by Linde of
GBP38 million, together with the formation of a joint-venture with
Linde to focus on delivering green hydrogen to large scale
industrial projects worldwide. ITM Power signed a forecourt siting
agreement with Shell for hydrogen refuelling stations in September
2015, (which was extended in May 2019 to include buses, trucks,
trains and ships) and in January 2018 a deal to deploy a 10MW
electrolyser at Shell's Rhineland refinery. ITM Power announced the
lease of the world's largest electrolyser factory in Sheffield with
a capacity of 1GW (1,000MW) per annum in July 2019. Customers and
partners include Sumitomo, Ørsted, National Grid, Cadent, Northern
Gas Networks, Gasunie, RWE, Engie, BOC Linde, Toyota, Honda,
Hyundai and Anglo American among others.
-ends-
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END
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