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

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    Twitter
    LinkedIn
    ITM Power Plc

    More articles like this

    ITM Power Plc

    Sheffield adds hydrogen vans to vehicle fleet

    Sheffield city council has taken delivery of five hydrogen-powered vans, as part of its efforts to encourage cleaner air in the city. The Renault Kangoo plug-in hybrid vans feature a 5Kw Hydrogen Fuel Cell built into

    ITM Power Plc

    Dubai Begins Trial Run Of Hydrogen-Powered Taxis

    The futuristic vehicle, that is touted as a zero emission car, emitting only water, can run up to 500 km on a single refuel and is noiseless. Dubai has launched a trial run of the region’s

    ITM Power Plc

    More than 5,500 hydrogen fuel cell vehicles sold so far

    More than 5,500 hydrogen (H2) fuel cell vehicles have been sold since they were launched and the number will easily top 6,000 by year-end 2017, Information Trends said. In a report entitled ‘Hydrogen Fuel Cell Vehicles:

    ITM Power Plc

    ITM Power PLC Trading Update

    ITM Power Plc (LON:ITM), the energy storage and clean fuel company, announced today an update on trading and operations for the period since the announcement of its successful placing and open offer on 29 September 2017. The

    ITM Power Plc

    Tomorrow’s Hydrogen Car

    Replacing gasoline and diesel with hydrogen is one of the answers to reducing CO2 emissions. The goal of the EU-backed H2ME Project is to help develop this technology. Today, there are only a few hundred vehicles that run on

    ITM Power Plc

    Amid electric-car buzz, Toyota bullish on hydrogen

    At a car factory in this city named after Toyota, the usual robots with their swinging arms are missing. Instead, workers intently fit parts into place by hand with craftsmanship-like care. The big moment on the

    ITM Power Plc

    Hydrogen can cut 20% of world’s CO2 emissions by 2050

    Hydrogen power could deliver cuts of 20% to world carbon emissions by 2050 according to a report by the Hydrogen Council. Transport accounts for a significant proportion of those projected savings, with a projected 400 million

    ITM Power Plc

    Hydrogen could replace diesel in 15 years says LNVG

    Fuel cell technology has a good chance to prevail in Germany in the next 10 to 15 years, with diesel vehicles being more and more forced out of the market’, said Niedersachsen transport authority LNVG when

    ITM Power Plc

    ITM Power PLC Power-to-Gas Storage Study with Northern Gas

    ITM Power Plc (LON:ITM), the energy storage and clean fuel company, has today announced that it has secured funding from the Department for Business, Energy and Industrial Strategy (BEIS) as part of the Energy Storage Feasibility Study

    ITM Power Plc

    Tomorrow’s Hydrogen Car

    Replacing gasoline and diesel with hydrogen is one of the answers to reducing CO2 emissions. The goal of the EU-backed H2ME Project is to help develop this technology. Today, there are only a few hundred vehicles that run on