Director/PDMR Shareholding
ITM Power plc has announced share purchases and awards for its Executive Directors under the Buy as You Earn Share Incentive Plan. Simon Bourne, Chief Technology Officer, acquired 272 shares for £1.103 each, with an equal number awarded. Amy Grey, Chief Financial Officer, purchased 814 shares at £1.103 each, reflecting a three-month contribution, and received an equal matching award. Dennis Schulz, Chief Executive Officer, also acquired 272 shares at £1.103 each, with a matching award of 272 shares. These transactions occurred on August 14, 2026, on the London Stock Exchange's AIM market.
Select text to share a quote on X · sign in to keep highlights & notes in your ITM notes
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 August 2026 are as follows:
| Name of PDMR | Number of Partnership Shares Purchased | Number of Matching Shares Awarded | Total |
|---|---|---|---|
| Simon Bourne | 136 | 136 | 272 |
| Amy Grey | 407* | 407 | 814 |
| Dennis Schulz | 136 | 136 | 272 |
* This value represents the equivalent of three months' contributions as agreed at the beginning of July 2026 when Amy Grey joined the BAYE scheme.
| 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) |
| £1.103 | 272 | ||
| d) | Aggregated information | ||
| - Aggregated volume | 272 | ||
| - Price | £1.103 per share | ||
| e) | Date of the transaction | 2026-08-14 | |
| f) | Place of the transaction | London Stock Exchange - AIM | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Amy Grey | |
| 2. | Reason for the notification | ||
| a) | Position/status | Chief Financial 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) |
| £1.103 | 814 | ||
| d) | Aggregated information | ||
| - Aggregated volume | 814 | ||
| - Price | £1.103 per share | ||
| e) | Date of the transaction | 2026-08-14 | |
| 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) |
| £1.103 | 272 | ||
| d) | Aggregated information | ||
| - Aggregated volume | 272 | ||
| - Price | £1.103 per share | ||
| e) | Date of the transaction | 2026-08-14 | |
| 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.