ITM Power (ITM)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

60.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 76.40
  • 52 Week Low: 18.64
  • Currency: UK Pounds
  • Shares Issued: 471.31m
  • Volume: 939,988
  • Market Cap: £282.79m
  • RiskGrade: 348
  • Beta: 0.72

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ITM power surges after share option awards to top directors

By Alexander Bueso

Date: Tuesday 29 Oct 2019

LONDON (ShareCast) - (Sharecast News) - Shares of ITM Power surged following news that it had awarded several of its top directors new options at an exercise price of 48.0p.
On 24 October, the energy storage and hydrogen refueling specialist granted chief executive officer Graham Cooley 307,500 more options, taking his total to 6.398m, together with another 159,750 for its chief technology officer Simon Bourne, who was left holding 2.86m.

Rachel Smith, an executive director, was awarded 72,000 options leaving her holding 1.35m, and finance director Andy Allen was awarded 47,250, leaving him with 1.05m options.

The options would vest on the third anniversary of the grant award and have a 10-year expiry starting from the date on which they were granted.

Tuesday´s news followed the company's announcement from 3 October that it intended to raise at least £52.0m via a strategic investment from Germany's Linde and a placing with certain existing and new institutionbal shareholders at 40.0p.

It would raise a further £6.8m via an open offer at that same price.

As of 1514 GMT, shares of ITM Power had run up 16.33% to 58.40p, having earlier risen as high as 59.80p, on a heavier than usual trading volume.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ITM Power Market Data

Currency UK Pounds
Share Price 60.00p
Change Today -2.00p
% Change -3.23 %
52 Week High 76.40
52 Week Low 18.64
Volume 939,988
Shares Issued 471.31m
Market Cap £282.79m
Beta 0.72
RiskGrade 348

ITM Power Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
41.59% below the market average41.59% below the market average41.59% below the market average41.59% below the market average41.59% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average
Price Trend
97.27% above the market average97.27% above the market average97.27% above the market average97.27% above the market average97.27% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Income Not Available
Growth
48.36% above the market average48.36% above the market average48.36% above the market average48.36% above the market average48.36% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ITM Power Dividends

No dividends found

Trades for 09-Dec-2019

Time Volume / Share Price
16:35 19,660 @ 60.00p
16:28 1,652 @ 60.50p
16:27 2,483 @ 60.60p
16:27 2,487 @ 60.60p
16:27 2,484 @ 60.60p

ITM Power Key Personnel

CEO Graham Cooley
Chair Roger Bone
Finance Director Andy Allen

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