Director/PDMR Shareholding
ITM Power plc announced that its Chief Technology Officer, Simon Bourne, and Chief Executive Officer, Dennis Schulz, have purchased ordinary shares under the company's Buy as You Earn Share Incentive Plan. Each executive acquired 233 partnership shares at £0.64456 per share, with ITM Power matching these purchases on a one-for-one basis, resulting in a total of 466 shares for each director. These transactions occurred on December 16, 2025, on the London Stock Exchange's AIM market.
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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 December 2025 are as follows:
| Name of PDMR | Number of Partnership Shares Purchased | Number of Matching Shares Awarded | Total |
| Simon Bourne | 233 | 233 | 466 |
| Dennis Schulz | 233 | 233 | 466 |
| 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) |
| £0.64456 | 466 | ||
| d) | Aggregated information | ||
| - Aggregated volume | 466 | ||
| - Price | £0.64456 per share | ||
| e) | Date of the transaction | 2025-12-16 | |
| 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) |
| £0.64456 | 466 | ||
| d) | Aggregated information | ||
| - Aggregated volume | 466 | ||
| - Price | £0.64456 per share | ||
| e) | Date of the transaction | 2025-12-16 | |
| 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.