Ankündigung • Jul 10
ITM Power PLC Receives GBP 46.5 Million Grant From Department For Energy Security And Net Zero ITM Power PLC announced that the grant of GBP 46.5 million from the Department for Energy Security and Net Zero, which was announced on April 9, 2026, has now been formally awarded. The grant, together with the GBP 40 million equity investment from Great British Energy, provides significant support for the establishment of operational capability to manufacture the next-generation Chronos electrolyser stack. The Chronos manufacturing line is planned to be built in the existing Sheffield facilities, leveraging the manufacturing expertise and infrastructure, and building on proven production processes that have been incrementally introduced to the Trident production line over the past years. The project focuses on bespoke, automated production equipment essential for 1 GW of annual production capacity. This includes targeted investment in catalyst-coated membrane production, electrode welding, specialist coating applications, and stack assembly lines, alongside cleanroom infrastructure to support efficient, high-quality manufacturing. Operational readiness and product quality will be underpinned by the in-house production of modular test systems, together with the acquisition of all required validation materials to enable a robust and efficient manufacturing ramp-up. Recent Insider Transactions • Jul 03
Non-Executive Director recently bought UK£197k worth of stock On the 29th of June, David Warren East bought around 172k shares on-market at roughly UK£1.15 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Non-Executive Chair Juergen Nowicki was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Ankündigung • Apr 10
ITM Power PLC Receives GBP 46.5 Million Grant From DESNZ ITM Power had received a letter from the Department for Energy Security and Net Zero confirming their intention to award a grant of £46.5 million. The Subscription and the Grant will support the establishment of operational capability to manufacture next-generation Chronos electrolyser stack technology (the "Project"). The DESNZ Grant of £46.5 million will be paid quarterly in arrears and used to offset the capital expenditure costs of building the Chronos manufacturing line. The Grant remains subject to subsidy control scrutiny, a statutory process required to ensure any public funding complies with the Subsidy Control Act 2022. The subsidy referral was submitted on 7 April and is expected to conclude in June 2026, after which, subject to a satisfactory outcome, the grant would then be contracted. As part of the grant conditions, the Company has made a commitment to increasing UK workforce by c.250 employees over the next five years, in line with the anticipated increase in demand for products. Ankündigung • Feb 18
ITM Power plc Raises Earnings Guidance for the Fiscal Year 2026 ITM Power Plc raised earnings guidance for the fiscal year 2026. For the year, the company now expected to be between £40 million and £43 million, an 11% midpoint increase compared to the previous guidance range of £35 million to £40 million. Ankündigung • Jan 20
ITM Power Plc to Report First Half, 2026 Results on Jan 29, 2026 ITM Power Plc announced that they will report first half, 2026 results on Jan 29, 2026 Ankündigung • Jan 16
ITM Power Plc Announces Board Changes, Effective 15 January 2026 ITM Power plc is pleased to confirm that Jürgen Nowicki assumed the role of Non-Executive Chair of the Board on 15 January 2026, following his appointment announced on 25 June 2025. Sir Roger Bone has retired from his position as Non-Executive Chair with effect from 15 January 2026, having served as Chair since 2019 and as a Non-Executive Director since 2014. During his tenure, Sir Roger Bone oversaw the Company's transition from a development-stage business to an established commercial organisation and market leader in electrolysers, while strengthening the Company's governance and leadership framework. Ankündigung • Dec 05
ITM Power Plc Reaffirms Earnings Guidance for the Fiscal Year 2026 and Provides Earnings Guidance for the Six Months to 31 October 2025 ITM Power Plc reaffirmed earnings guidance for the fiscal year 2026. For the year, the company expects revenue to be between £35 million and £40 million,
For the half year, The expected unaudited financial results are as follows: Revenue of £18.0 Million. Ankündigung • Oct 22
ITM Power plc Launches ALPHA 50 ITM Power plc unveiled ALPHA 50, new 50MW full-scope green hydrogen plant designed to set a new global benchmark in scalable, cost-effective hydrogen production. Powered by proven and leading stack technology, ALPHA 50 is fully skid-mounted, prefabricated and standardized. It consolidates central process units and offers in-built redundancy for key components to maximise plant uptime. With its compact footprint, ALPHA 50 can be easily configured into larger plants. It is capable of being deployed globally. Needing only tap water and electricity, ALPHA 50 reliably provides high-purity hydrogen at 30 bar pressure. ALPHA 50 is designed for outdoor installation and can cope with the widest ambient temperature range, minimizing construction and civil works. Offering superior energy efficiency and capable of load changes within seconds, ALPHA 50 maximises hydrogen production. Now available to customers, ALPHA 50 offers unmatched value. The full-scope plant is priced at EUR 50 million; substantially more competitive than any comparable solution, regardless of technology or provider. Ankündigung • Aug 16
ITM Power Plc Provides Earnings Guidance for the Fiscal Year 2026 ITM Power Plc provided earnings guidance for the fiscal year 2026. For the year, the company expects revenue to be between £35 million and £40 million, representing a c.50% year-on-year growth, with the majority of the revenue derived from contracted order backlog. This marks a more than 600% increase over three years. Ankündigung • Aug 01
ITM Power Plc to Report Fiscal Year 2025 Results on Aug 14, 2025 ITM Power Plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Aug 14, 2025 Ankündigung • Jul 09
ITM Power Plc, Annual General Meeting, Oct 08, 2025 ITM Power Plc, Annual General Meeting, Oct 08, 2025. Ankündigung • Jul 08
ITM Power Plc Announces Board and Committee Changes, Effective 8 October 2025 ITM Power PLC announced the appointment of two new Non-Executive Directors, Sir Warren East and John Howarth, effective following the Annual General Meeting (AGM) on October 8, 2025. Warren East brings extensive global leadership experience from the technology and engineering sectors. He spent 30 years in the semiconductor industry, serving as CEO of ARM from 2001 to 2013, and was appointed CEO at Rolls-Royce in 2015, stepping down at the end of 2022. He has served on the boards of several major engineering and technology companies, including BT, Dyson, and Micron. Currently, he serves as a Non-Executive Director at ASML NV and Tokamak Energy Ltd., and is the Chair of NATS, as well as the President of the IET. Warren was awarded a CBE in 2014 and a knighthood in 2025. John Howarth is a Chartered Accountant with deep expertise in manufacturing, renewable energy, professional services, and aerospace. He is currently a Partner at S&W LLP, providing audit and accounting advisory services to a range of listed and private companies. His previous roles include Partner at EY LLP and senior finance roles at Future plc and PwC LLP. Since 2023, S&W LLP has provided accounting advisory services to ITM Power, with John being the lead engagement partner. Following the conclusion of ITM Power's 2025 full-year audit, John will step down from this role and cease any further involvement with ITM Power in that capacity. Warren will be a member of the Audit and Remuneration Committee; John will join the Audit Committee and take on the role of Chair of the Remuneration Committee. After serving as a Non-Executive Director since July 2022, Denise Cockrem will step down from the Board at the time of the AGM. Ankündigung • Jun 09
ITM Power Plc Announces Board Changes, Effective 15 January 2026 ITM Power PLC announce the appointment of Jürgen Nowicki as Non-Executive Chair of the Board, effective from 15 January 2026. Sir Roger Bone, the incumbent Non-Executive Chair, will retire on 15 January 2026. Jürgen brings deep industrial expertise and a strong track record in the global hydrogen sector and the wider industrial gases industry. Up until May this year, Jürgen served as CEO of Linde Engineering and as a member of Linde PLC's Executive Leadership Team. Before that, he held various senior executive positions within Linde's Gases and Forklift division in Germany, the US and the Czech Republic. His extensive experience in large-scale engineering and the international markets aligns strongly with ITM's strategy to further scale and commercialise its technology. Jürgen served as Linde's nominated Board representative from November 2019 until January 2025 and his new term as Non-Executive Chair will take into account his prior appointment tenure at ITM. Sir Roger Bone has served as Non-Executive Chair since 2019 and as Non-Executive Director since 2014. During Sir Roger's chairmanship, ITM transitioned from a development-stage company to an established commercial business and market leader in electrolysers, and strengthened its governance and leadership team. Jürgen Nowicki, aged 61, holds or has held the following directorships/partnerships in the past five years: Former Directorships/Partnerships (past five years): Linde Kryotechnik AG, LPM, S.a. de C.V., Linde Holding GmbH, Linde GmbH, ITM Power PLC, Commercium Immobilien - und Beteiligungs - GmbH and Carl von Linde-Stiftung an der Technischen Universitat Munchen. 
