ITM Power Announces Director Share Purchases
Why we think this is neutral
This RNS announcement is related to director share purchases, which is not one of the mandatory news types that would require a detailed analysis. The announcement provides routine information about the executive directors' participation in the company's share incentive plan.
Key Points
- Executive directors purchased 520 shares each under the company's share incentive plan
- The company matched the purchases on a one-for-one basis, awarding an additional 520 shares to each director
Summary
The industrial machinery company has announced purchases of shares by its executive directors under an employee share scheme.
ITM Power PLC has announced purchases of shares by its Executive Directors (PDMRs) under the company's Buy as You Earn Share Incentive Plan. The purchases and awards for the Chief Technology Officer and Chief Executive Officer are detailed in the RNS.
DIRECTOR DEALINGS