ITM Power PLC Block Listing Application
August 27 2024 - 2:00AM
RNS Regulatory News
RNS Number : 6894B
ITM Power PLC
27 August 2024
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
|
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|
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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.
-ends-
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