ITM Power PLC Exercise of Options and Total Voting Rights (1254Y)
27 Diciembre 2019 - 04:00AM
UK Regulatory
TIDMITM
RNS Number : 1254Y
ITM Power PLC
27 December 2019
27 December 2019
ITM Power plc
("ITM Power" or "the Company")
Exercise of Options, Total Voting Rights
ITM Power (AIM: ITM), the energy storage and clean fuel group,
announces that a total of 10,000 options over ordinary shares in
the Company have been exercised by an employee not deemed by the
Board to be a Person Discharging Management Responsibility. The
options were granted on 29 April 2010 at an exercise price of
24.25p.
Following the exercise of options, the issued share capital of
the Company comprises 471,322,527 ordinary shares with one voting
right per share. The Company does not hold any shares in treasury.
Therefore, this figure of 471,322,527 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.
Application has been made for the new Ordinary Shares to be
admitted to trading on AIM and dealings are expected to commence on
2 January 2020.
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
Tavistock (Financial PR and IR) (0)20 7920 3150
Simon Hudson / 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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