ITM Power PLC Director/PDMR Shareholding (1450G)
July 17 2023 - 4:46AM
UK Regulatory
TIDMITM
RNS Number : 1450G
ITM Power PLC
16 July 2023
17 July 2023
ITM Power PLC
("ITM Power" or the "Company")
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 GBP150 of ordinary shares per month and ITM Power matches the
purchase on a one-for-one basis. The purchases and awards for PDMRs
for July 2023 are as follows:
Number of Partnership Number of Matching
Name of PDMR Shares Purchased Shares Awarded Total
-------------- ---------------------- ------------------- ------
Andrew Allen 201 201 402
Simon Bourne 201 201 402
-------------- ---------------------- ------------------- ------
Enquiries:
ITM Power PLC +44 (0)114 244 5111
Vicky Williams (Company Secretary)
James Collins (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 Initial Notification
/Amendment
----------------------------------- -----------------------------------------------
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 Ordinary shares of 5p each
financial instrument,
type of instrument
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)
----------------------------------- -------------------------- -------------------
GBP0.747323 402
---------------------------------------- -------------------------- -------------------
d) Aggregated information
- Aggregated volume 402
- Price GBP0.747323 per share
---------------------------------------- -----------------------------------------------
e) Date of the transaction 2023-07-14
----------------------------------- -----------------------------------------------
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 Initial Notification
/Amendment
----------------------------------- -----------------------------------------------
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 Ordinary shares of 5p each
financial instrument,
type of instrument
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)
----------------------------------- -------------------------- -------------------
GBP0.747323 402
---------------------------------------- -------------------------- -------------------
d) Aggregated information
- Aggregated volume 402
- Price GBP0.747323 per share
---------------------------------------- -----------------------------------------------
e) Date of the transaction 2023-07-14
----------------------------------- -----------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
----------------------------------- -----------------------------------------------
-ends-
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