Business

Block Listing Application and TVR

Block Listing Application and TVR.

articleItm Power PlcJanuary 30, 20204/company/itm-power/news/block-listing-application-and-tvr
Block Listing Application and TVR

About this update from Itm Power Plc

[{"type":"text","content":"\n \nRNS Number : 4791B ITM Power PLC 30 January 2020  \n\n30 January 2020\n \nITM Power plc\n(\"ITM Power\" or \"the Company\")\n \nBlock Listing Application\nTotal Voting Rights\n \nITM Power (AIM: ITM), the energy storage and clean fuel group, announces that an application has been made to the London Stock Exchange for 558,806 ordinary shares of 5p each (\"Ordinary Shares\") to be admitted to trading on AIM. The Ordinary Shares are being reserved and will be issued as required in order to cover future issue of ordinary shares arising from ITM Power plc Share Option Plan 2010.  \n \nWhen issued, the Ordinary Shares under the block listing will rank pari passu with the Company's existing ordinary shares. It is expected that admission will become effective on 4 February 2020. \n \nAt present the issued share capital of the Company comprises 472,667,923 ordinary shares. The Company does not hold any shares in treasury. Therefore, the figure of 472,667,923 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.\n \nFor further information, please visit www.itm-power.com or contact:\n \n\n\n\nITM Power plc\n\n\n(0)114 244 5111\n\n\n\n\nNicola Ham Edmonds, Company Secretary\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInvestec Bank plc (Nominated Adviser and Broker) \n\n\n(0)20 7597 5970\n\n\n\n\nJeremy Ellis / Chris Sim / Ben Griffiths / Tejas Padalkar\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTavistock (Financial PR and IR)\n\n\n(0)20 7920 3150\n\n\n\n\nSimon Hudson / Edward Lee / Barney Hayward\n\n\n\n\n\n\n \nAbout ITM Power plc:\nITM 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 £58.8 million fundraise, including a subscription by Linde of £38 million, together with the formation of a joint-venture with Linde to focus on delivering green hydrogen to large scale industrial projects worldwide.&...

More updates from Itm Power Plc