27 August 2024
ITM Power PLC
(the "Company")
Block Listing Application
ITM Power (AIM: ITM), announces that a block listing application (the "Block Admission") has been made to the London Stock Exchange for up to 3,350,797 ordinary shares of £0.05 each (the "Block Listing Shares") to be admitted to trading on AIM ("Admission").
The ordinary shares that are being reserved under this block listing application will be issued by the Company, as required, in order to satisfy the exercise of share options and vested awards pursuant to the terms of the following share plans (each a "Scheme"):
|
Scheme |
No. of ordinary shares under block listing application |
|
2020 ITM Power PLC Long Term Incentive Plan |
2,850,797 |
|
2023 Deferred Bonus Plan |
500,000 |
The Block Listing Shares will, upon issue, rank equally with all other ordinary shares of £0.05 each in the capital of the Company that are then in issue. The Block Listing Admission is expected to become effective on 30 August 2024.
For further information please visit www.itm-power.com or contact:
|
ITM Power PLC |
+44 (0)114 244 5111 |
|
Justin Scarborough, Head of Investor Relations Huan Quayle, General Counsel & Company Secretary |
|
About ITM Power PLC:
ITM Power was founded in 2000 and ITM Power PLC was admitted to the AIM market of the London
Stock Exchange in 2004. Headquartered in Sheffield, England, ITM Power designs and manufactures
electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen, the only net zero energy gas, using renewable electricity and water.
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