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ITM Power PLC - Notice of Half Year Results

RNS Number : 7903Z
ITM Power PLC
15 January 2020
 

15 January 2020

 

ITM Power plc

("ITM Power" or the "Company")

 

Notice of Half Year Results

 

ITM Power (AIM: ITM), the energy storage and clean fuel company, announces that it will be reporting half year results for the six months ended 31 October 2020 on Monday, 27 January 2020.

 

For further information please visit www.itm-power.com or contact:

 

ITM Power plc

Andy Allen, Finance Director

 

+44 (0)114 244 5111

Investec Bank plc (Nominated Adviser and Broker)

Chris Sim / Jeremy Ellis / Ben Griffiths

 

+44 (0)20 7597 5970

Tavistock (Financial PR and IR)

Simon Hudson / Edward Lee / Barney Hayward

+44 (0)20 7920 3150

 

About ITM Power plc:

ITM Power plc manufactures integrated hydrogen energy solutions for grid balancing, energy storage and the production of green hydrogen for transport, renewable heat and chemicals. ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004.  In October 2019, the Company announced the completion of a £58.8 million fundraise, including a subscription by Linde of £38 million, together with the formation of a joint-venture with Linde to focus on delivering green hydrogen to large scale industrial projects worldwide.  ITM Power signed a forecourt siting agreement with Shell for hydrogen refuelling stations in September 2015, (which was extended in May 2019 to include buses, trucks, trains and ships) and in January 2018 a deal to deploy a 10MW electrolyser at Shell's Rhineland refinery. ITM Power announced the lease of the world's largest electrolyser factory in Sheffield with a capacity of 1GW (1,000MW) per annum in July 2019. Customers and partners include Sumitomo, Ørsted, National Grid, Cadent, Northern Gas Networks, Gasunie, RWE, Engie, BOC Linde, Toyota, Honda, Hyundai and Anglo American among others.

 

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Quick facts: ITM Power PLC

Price: 137

Market: AIM
Market Cap: £650.43 m
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