Director/PDMR Shareholding
ITM Power PLC announced on September 18, 2025, purchases and awards of ordinary shares to Executive Directors under the Buy as You Earn (BAYE) Share Incentive Plan. Under the plan, employees can purchase up to £150 of ordinary shares monthly, which the company matches. Simon Bourne purchased 235 partnership shares and received 235 matching shares, totaling 470 shares. Similarly, Dennis Schulz purchased 235 partnership shares and received 235 matching shares, also totaling 470 shares. The transaction price for both was £0.638889 per share, and the transactions occurred on September 15, 2025, on the London Stock Exchange - AIM.
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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 September 2025 are as follows:
| Name of PDMR | Number of Partnership Shares Purchased | Number of Matching Shares Awarded | Total |
| Simon Bourne | 235 | 235 | 470 |
| Dennis Schulz | 235 | 235 | 470 |
| a) | Name | ITM Power plc | |
| b) | LEI | 21380042MB2JKZ6RRP12 | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 5p each | |
| Identification code | ISIN: 21380042MB2JKZ6RRP12 | ||
| 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) |
| £0.638889 | 470 | ||
| d) | Aggregated information | ||
| - Aggregated volume | 470 | ||
| - Price | £0.638889 per share | ||
| e) | Date of the transaction | 2025-09-15 | |
| f) | Place of the transaction | London Stock Exchange - AIM | |
| 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 | |
| a) | Name | ITM Power plc | |
| b) | LEI | 21380042MB2JKZ6RRP12 | |
| 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) |
| £0.638889 | 470 | ||
| d) | Aggregated information | ||
| - Aggregated volume | 470 | ||
| - Price | £0.638889 per share | ||
| e) | Date of the transaction | 2025-09-15 | |
| f) | Place of the transaction | London Stock Exchange - AIM |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.