ITM Power PLCLSE: ITM

ITM Power: Director/PDMR Shareholding

· Issued by ITM Power PLC via RNS

Summary by 6ix AI

ITM Power plc said its three executive directors bought shares and received an equal number of matching shares on October 15, 2026, under its Buy as You Earn (BAYE) Share Incentive Plan, at £0.8887 per share.

Key details

  • Under the plan, employees can buy up to £150 of ordinary shares per month and ITM Power matches the purchase on a one-for-one basis.
  • Chief Executive Officer Dennis Schulz bought 168 shares and was awarded 168 matching shares, for a total of 336.
  • Chief Technology Officer Simon Bourne and Chief Financial Officer Amy Grey each bought 169 shares and were awarded 169 matching shares, for a total of 338 each.
  • The shares are ordinary shares of 5p each, and the transactions took place on the London Stock Exchange's AIM market.

6ix AI wrote this summary from the release below and checked it against the release.

20 October 2026

ITM Power plc

PDMR Dealings - Buy as You Earn Scheme

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 October 2026 are as follows: 

Name of PDMR

Number of Partnership Shares Purchased

Number of Matching Shares Awarded

Total

Simon Bourne

169

169

338

Amy Grey

169

169

338

Dennis Schulz

168

168

336

Enquiries:

ITM Power plc

+44 (0)114 244 5111

Huan Quayle (Company Secretary)
Justin Scarborough (Investor Relations)

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Simon Bourne

2.

Reason for the notification

a)

Position/status

Chief Technology Officer

b)

Initial notification /Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

ITM Power plc

b)

LEI

21380042MB2JKZ6RRP12

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

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)

£0.8887

338

d)

Aggregated information

- Aggregated volume

338

- Price

£0.8887 per share

e)

Date of the transaction

2026-10-15

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

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

ITM Power plc

b)

LEI

21380042MB2JKZ6RRP12

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

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)

£0.8887

338

d)

Aggregated information

- Aggregated volume

338

- Price

£0.8887 per share

e)

Date of the transaction

2026-10-15

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

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

ITM Power plc

b)

LEI

21380042MB2JKZ6RRP12

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

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)

£0.8887

336

d)

Aggregated information

- Aggregated volume

336

- Price

£0.8887 per share

e)

Date of the transaction

2026-10-15

f)

Place of the transaction

London Stock Exchange - AIM

-ends-

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