8th Aug 2012 08:01
8 August 2012
ITM Power Plc
("ITM Power" or "The Company")
Completion of Open Offer
Directors' Dealings
The Company announces that pursuant to close of the Open Offer the results of which were announced on 3 August 2012, 1,544,349 New Ordinary Shares of 5 pence each have been admitted to trading on AIM at 8.00am today ("Second Admission").
Following the Open Offer, resultant interests of the Directors and significant shareholders in the Ordinary Shares of the Company are as follows:
Directors
| Holding prior to Open Offer (Ordinary Shares) | % | Holding following the Open Offer (Ordinary Shares) | % |
Peter Hargreaves | 10,575,310 | 8.73 | 10,575,310 | 8.62 |
Dr Simon Bourne | 326,830 | 0.27 | 326,830 | 0.27 |
Dr Graham Cooley | 251,256 | 0.21 | 311,256 | 0.25 |
Barry Cunliffe | 47,763 | 0.04 | 51,115 | 0.04 |
Roger Putnam | 5,000 | - | 5,000 | - |
Lord Freeman | 27,129 | 0.02 | 27,129 | 0.02 |
Significant Shareholders
| Holding prior to Open Offer (Ordinary Shares) | % | Holding following the Open Offer (Ordinary Shares) | % |
Allianz Global Investors | 9,661,897 | 7.98 | 9,661,897 | 7.88 |
Majedie Asset Management | 4,779,946 | 3.95 | 4,779,946 | 3.90 |
Following Second Admission, the Company's issued share capital consists of 122,629,879 Ordinary Shares with voting rights. There are no Ordinary Shares held in treasury. Therefore, in accordance with the FSA's Disclosure and Transparency Rule 5.6.1, the Company confirms that the total number of voting rights in the Company is 122,629,879.
Terms used in this announcement shall have the same meaning as set out in the Announcement and the Circular dated 19 July 2012.
For further information please visit www.itm-power.com or contact:
ITM Power plc Graham Cooley, CEO | 0114 244 5111 |
Singer Capital Markets Limited (Nominated Adviser & Broker) Shaun Dobson / Samantha New | www.singercm.com 020 3205 7628 |
Tavistock Communications (Financial PR & IR) Simon Hudson / Kelsey Traynor | 020 7920 3150 |
Related Shares:
Itm Power