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ITM Power Plc

ITM Power plc Timetable for Proposed Placing and Open Offer

Further to the announcement this morning by ITM Power plc (LON:ITM) (ITM Power or the Company) in respect of the Company’s proposed placing and open offer of new ordinary shares (the Initial Announcement), the expected timetable of principal events is as follows (and terms defined in the Initial Announcement shall apply throughout this announcement unless the context otherwise requires):

Record Date for entitlement to participate in the Open Offer

5.00 p.m. on 27 September 2017

Announcement of the Firm Placing and the Open Offer

 

29 September 2017

Dispatch of the Circular, the Form of Proxy and, to certain Qualifying Non-CREST Shareholders, the Application Form

2 October 2017

 

Expected ex-entitlement date for the Open Offer

8.00 a.m. on 2 October 2017

Basic Entitlements and Excess CREST Open Offer  Entitlements credited to CREST stock accounts of Qualifying CREST Shareholders

3 October 2017

Recommended latest time and date for requesting withdrawal of Basic Entitlements and Excess CREST Open Offer Entitlements from CREST

4.30 p.m. on 11 October 2017

Latest time for depositing Basic Entitlements and Excess CREST Open Offer Entitlements into CREST

3.00 p.m. on 12 October 2017

Latest time and date for splitting Application Forms (to satisfy

bona fide market claims only)

3.00 p.m. on 13 October 2017

Latest time and date for receipt of Forms of Proxy for the General Meeting

11.15 a.m. on 16 October 2017

Latest time and date for receipt of completed Application

Forms and payment in full under the Open Offer or settlement
of relevant CREST instruction (as appropriate)

11.00 a.m. on 17 October 2017

General Meeting

11.15 a.m. on 18 October 2017

Result of Open Offer announced through RNS

18 October 2017

Admission of the New Ordinary Shares to trading on AIM

8.00 a.m. on 19 October 2017

New Ordinary Shares in uncertificated form expected to be credited to accounts in CREST (uncertificated holders only)

As soon as practicable after 8.00 a.m. on 19 October 2017

Expected date of dispatch of definitive share certificates for the New Ordinary Shares in certificated form (certificated holders only)                                        

On 27 October 2017

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