TIDMITM

RNS Number : 1121Q

ITM Power PLC

13 October 2023

13 October 2023

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 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 October 2023 are as follows:

 
                  Number of Partnership   Number of Matching 
 Name of PDMR        Shares Purchased       Shares Awarded     Total 
---------------  ----------------------  -------------------  ------ 
 Andrew Allen              213                   213            426 
 Simon Bourne              213                   213            426 
 Dennis Schulz             212                   212            424 
---------------  ----------------------  -------------------  ------ 
 

Enquiries:

 
 ITM Power PLC                         +44 (0)114 244 5111 
 Vicky Williams (Company Secretary) 
  James Collins (Corporate Affairs) 
 
 
 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) 
      ---------------------------------  ---------------------------  ------------------ 
                                          GBP0.705807188               426 
 --------------------------------------  ---------------------------  ------------------ 
 d)    Aggregated information 
  - Aggregated volume                     426 
  - Price                                 GBP0.705807188 per share 
 --------------------------------------  ----------------------------------------------- 
 e)    Date of the transaction            2023-10-13 
      ---------------------------------  ----------------------------------------------- 
 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) 
      ---------------------------------  ---------------------------  ------------------ 
                                          GBP0.705807188               426 
 --------------------------------------  ---------------------------  ------------------ 
 d)    Aggregated information 
  - Aggregated volume                     426 
  - Price                                 GBP0.705807188 per share 
 --------------------------------------  ----------------------------------------------- 
 e)    Date of the transaction            2023-10-13 
      ---------------------------------  ----------------------------------------------- 
 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               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) 
      ---------------------------------  ---------------------------  ------------------ 
                                          GBP0.705807188               424 
 --------------------------------------  ---------------------------  ------------------ 
 d)    Aggregated information 
  - Aggregated volume                     424 
  - Price                                 GBP0.705807188 per share 
 --------------------------------------  ----------------------------------------------- 
 e)    Date of the transaction            2023-10-13 
      ---------------------------------  ----------------------------------------------- 
 f)    Place of the transaction           London Stock Exchange (XLON) 
      ---------------------------------  ----------------------------------------------- 
 

-ends-

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END

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October 13, 2023 11:00 ET (15:00 GMT)

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