ITM POWER PLC — AGM Information 2019

Oct 31, 2019

National Storage Mechanism | Additional information

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RNS Number : 8571R

ITM Power PLC

31 October 2019

31 October 2019

ITM Power plc

("ITM Power" or the "Company")

Result of Annual General Meeting

ITM Power (AIM: ITM), the energy storage and clean fuel company announces that all resolutions put to shareholders were duly passed at the Company's Annual General Meeting, which took place at 10:30 this morning, at the offices of Burges Salmon, 6 New Street Square, London, EC4A 3BF.

The proxy votes cast ahead of the General Meeting were as follows:

	For		Against		Withheld
Resolution	Votes	%	Votes	%
1	142,076,122	94.04	8,930,281	5.91	37,996
2	142,754,756	94.51	8,210,354	5.44	79,289
3	150,998,450	99.93	6,466	0.01	26,658
4	150,980,318	99.94	6,466	0.01	67,084
5*	Resolution withdrawn
6	151,001,813	99.94	10,665	0.01	31,921
7	142,761,363	99.92	29,872	0.02	8,249,142
8	150,782,487	99.89	78,331	0.05	175,473

*The Company announced that Professor Roger Putnam would be stepping down form the board at the conclusion of the AGM and would therefore not be standing for re-election.

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

ITM Power plc	(0)114 244 5111
Nicola Ham Edmonds
Investec Bank plc (Nominated Adviser and Broker)	(0)20 7597 5970
Jeremy Ellis / Chris Sim
Tavistock (Financial PR and IR)	(0)20 7920 3150
Simon Hudson / Barney Hayward / Edward Lee

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 September 2017, the Company announced the completion of a £29.4m working capital fundraise. The Company 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 subsequently a deal to deploy a 10MW electrolyser at Shell's Rhineland refinery. The Company entered into a Strategic Partnership Agreement with Sumitomo Corporation in July 2018 for the development of multi-megawatt projects in Japan. Additional customers and partners include Ørsted, National Grid, Cadent, Northern Gas Networks, Gasunie, RWE, Engie, BOC Linde, Toyota, Honda, Hyundai, Anglo American among others.

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