7/7/2022  6:05:55 PM Chg. +9.65 Volume Bid6:30:01 PM Ask6:30:01 PM Market Capitalization Dividend Y. P/E Ratio
187.40GBX +5.43% 2.63 mill.
Turnover(GBP): 4.79 mill.
166.00Bid Size: 1,204 224.30Ask Size: 700 954.74 mill.GBP - -

Business description

ITM Power Plc designs and manufactures products which generate hydrogen gas, based on Proton Exchange Membrane (PEM) technology. This technology only uses electricity (renewable) and tap water to generate hydrogen gas on-site and has a product offering capable of being scaled to 100MW+ in size. In establishing the existing customer base, particular importance has been placed on the ability (i) to provide a fully integrated system, (ii) of the system to respond rapidly to varying power profiles, and (iii) to generate hydrogen at a pressure, flow rate and purity appropriate to its application. ITM Power Plc is a globally recognised expert in hydrogen technologies with the overarching principle to take excess energy from the power network, convert it into hydrogen and use it in one of three broad market areas – Mobility, Power-to-X and Industry. There are multiple application areas within each area, all of which are acknowledged to be growing rapidly and requiring systems of ever larger capacities. This is led by the drive for improved air quality worldwide, the growth of renewable power generators in the energy mix and a need to decarbonise industrial processes.

Management board & Supervisory board

Dr. Graham Cooley
Management board
Andy Allen, Dr. Rachel Smith, Dr. Simon Bourne, Nicola Ham Edmonds
Supervisory board
Sir Roger Bone, Andy Allen, Dr. Graham Cooley, Dr. Rachel Smith, Dr. Simon Bourne, Juergen Nowicki, Katherine Roe, Martin Green, Nicola Ham Edmonds, Tom Rae

Company data

Name: ITM Power plc
Address: 22 Atlas Way,Sheffield S4 7QQ, United Kingdom
Phone: -
Fax: -
E-mail: -
Internet: https://www.itm-power.com/
Industry: Energy & Utilities
Sector: Energy Companies
Sub sector: Electric Utilities
End of financial year: 4/30
Free Float: -
IPO date: -

Investor relations

Name: Simon Hudson
IR phone: +44-20-7920-3150
IR Fax: -
IR e-mail: -

Main Shareholders

Linde AG
JCB Research
Peter K. Hargreaves