(ITM.L) ITM Power PLC Buy/Sell

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ITM Power has developed a range of materials and technology to reduce the cost of Hydrogen production. The company provides equipment to convert renewable energy to a clean fuel; storing the energy as green Hydrogen for decarbonising transport, industrial and residential applications.
Our Business:

Harnessing renewable energy
Green Hydrogen

View 2009 results View video Visit the ITM Power website.

Summary

Current Market Information

Time: 03:59 (Market Closed)

Bid	19.00
Ask	22.00
Price	20.50
Previous	20.00
Change	+0.50 (+2.50%)
Last Trade	20.50 (16:35:02)
Trading Vol.	133,380
Today's High	22.00
Today's Low	19.50

52 Wk Low	7.50
52 Wk Low	(03/04/2009)
52 Wk High	38.00
52 Wk High	(14/08/2009)
52 Wk Change	-4.25
52 Wk Change	(-17.17%)
4 Wk Volume	2,102,576
ISIN Number	GB00B0130H42
Currency	GBX

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3 month closing prices

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Recent News
Date/Time	Headline	Source
11-11-09	ITM Power PLC - Total Voting Rights	RNS
RNS Number : 3674C ITM Power PLC 11 November 2009 ITM Power plc ("the Company") Total Voting Rights - Voting Rights and Capital In conformity with 5.6.1 of the Disclosure and Transparency Rules, the Company notifies the market of the following: The issued share capital consists of 102,265,985 ordinary shares of 5p each with voting rights. No ordinary shares are held in treasury. The above figure of 102,265,985 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FSA's Disclosure and Transparency Rules. Date 11 November 2009 This information is provided by RNS The company news service from the London Stock Exchange END TVRCKDKBABDDDDD More
30-09-09	ITM Power PLC - Second Price Monitoring Extn	RNS
RNS Number : 9999Z ITM Power PLC 30 September 2009 A second and final Price Monitoring Extension has been activated in this security. The closing auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still execute more than a pre-determined percentage above or below the price of the previous automated execution today. London Stock Exchange electronic order book users have a final opportunity to review the prices and sizes of orders entered in this security prior to the auction call execution which will set today's closing price. The applicable percentage is set by reference to a security's TradElect sector. This is set out in the Sector Breakdown tab of the TradElect Parameters document at www.londonstockexchange.com/en-gb/products/membershiptrading/tradingservices</f ipP> This information is provided by RNS The company news service from the London Stock Exchange END APMURSVRKRRKOAR More
30-09-09	ITM Power PLC - Price Monitoring Extension	RNS
RNS Number : 9984Z ITM Power PLC 30 September 2009 Today's closing auction call period has been extended in this security by 5 minutes. Auction call extensions give London Stock Exchange electronic order book users a further opportunity to review the prices and sizes of orders entered in an individual security during the initial auction call before the execution occurs. A price monitoring extension is activated when the matching process would have otherwise resulted in an execution price that is a pre-determined percentage above or below the price of the last automated execution today. The applicable percentage is set by reference to a security's TradElect sector. This is set out in the Sector Breakdown tab of the TradElect Parameters document at www.londonstockexchange.com/en-gb/products/membershiptrading/tradingservices</f ipP> This information is provided by RNS The company news service from the London Stock Exchange END PMEEASNEDDSNEFE More
18-09-09	ITM Power PLC - Additional Listing	RNS
RNS Number : 2875Z ITM Power PLC 18 September 2009 ITM Power plc (the "Company") Application has been made to the London Stock Exchange for admission to AIM for a block listing of 9,240,250 Ordinary Shares of 5p each. These shares, ranking pari passu in all respects with the existing shares in issue, will be allotted pursuant to the exercise of options and to the rules of the following schemes:- `ITM Power plc Approved Share Option Scheme 2,970,750 shares` `ITM Power plc Unapproved Share Option Scheme 6,269,500 shares` These shares will not be allotted immediately but as and when the scheme rules allow. It is expected that admission will become effective in the Ordinary Shares on 18 September 2009 This information is provided by RNS The company news service from the London Stock Exchange END LISUWUBRKVRKARR More

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Date/Time	Subject	Author
Wed 10:01	Re: up 13%	conno123	2


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	Maybe this is the on-line version of the hard copy MelchiorHoffman highlighted last week. ITM / Revolve from The Engineer article [relevant extract from the full story] Meanwhile, beyond the continued incremental improvements and the occasional, potentially game-changing, mechanical rethink, the life of the IC engine could also be prolonged by the availability of new types of fuel, from CNG to biofuels and — perhaps most intriguingly — hydrogen. Hydrogen and cars are hardly strange bed-fellows. Before the current electric bandwagon gathered momentum, hydrogen as a power source for fuel cells was viewed as the most likely contender. However, engineers are increasingly interested in using the most abundant element in the universe to fuel IC engines. Last year, Sheffield-based ITM Power demonstrated a Ford Focus modified to run on hydrogen, while various manufacturers, from BMW to Mazda, have also shown prototypes designed to run on the gas. Perhaps the most promising of the these is the Mazda RX-8 Hydrogen RE, which is already being leased in Japan. Back in the UK, ITM — which has developed its own hydrogen production system — recently announced that it had joined forces with Essex-based automotive consultant Revolve to accelerate the development of hydrogen-fuelled vehicles for the UK market. The two companies have already worked on the conversion of a small fleet of commercial vehicles and believe there is an opportunity for the technology. According to Steve Pegrum, senior engineer at Revolve, one of the big attractions is that, barring a few modifications, it is really not difficult to get an engine to run on hydrogen. 'When you inject hydrogen into a combustion chamber, it takes up more volume,' he said. 'Consequently, you have to pressure charge the engine — that's one of the fundamental changes. We've also changed the spark plugs because, although it's very easy to burn hydrogen, the difficult bit is doing it in a controlled manner, so we've put colder-rated spark plugs in the combustion chamber to try and draw heat away from the combustion chamber.' Capable of up to 100 miles (161km) on a 4.5kg fuel capacity, the engine chosen by Revolve was originally developed to run on CNG and therefore already has hardened valve seats and valves. This, said Pegrum, makes it suitable for hydrogen, which — like CNG — has no lubricating properties. Pegrum believes that the IC engine has a potentially critical role to play as a bridging technology to gain acceptance for hydrogen as a fuel. 'Trying to get an infrastructure in place with the high cost of the fuel-cell vehicle is simply not attractive enough, whereas introducing hydrogen through the ICE and allowing the infrastructure to come, people get used to hydrogen and the hydrogen economy and half the job's done,' he said. 'It's also much more attractive to the car makers as they don't have to turn their back on the technology they know — the IC engine. We know a lot about it; they've been around for a long time and there's an awful lot of them — converting is not difficult at all and we've got such a fantastic wealth of history it would be silly not to use them, especially when we can put nothing out the tailpipe.' http://www.theengineer.co.uk/Articles/313908/Still+making+sparks+fly.htm More \| View thread (3) \| Respond \| Login to Vote up \| Login to Vote down
14-11-09	Re: Lost my patience!!	ekt_111	3


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	I have to say I agree. They've got the principles, they've got the patents, they've got the prototypes. They are generating electricity from hydrogen, hydrogen produced by renweable energy sources not from grid supplied electricity. They are producing hydrogen which can be used as a gas for cooking, heating. They have a duel-fuel system which is retrofittable to most internal combustion engines and after an initial investment would provide polution free and (after the equipment has paid back the investment) cost free fuel. They have mobile hydrogen refuelling stations for vehicles. They have a fuel cell development program. The conversion and high pressure storage of hydrogen allows energy to be produced on demand. My opinion, they've also too many academics/scientists, not enough engineers, they are still playing R&D when they should be working hard on Product Development, getting approvals and launching real products not prototypes. Or perhaps now is the time to give up on trying to come up with products, scatterbomb style, consolidate the technology and start opening up and licensing thier technology to bigger companies who have the resources to develop and market thier products better. Like the Revolve deal. Looking at thier headcount, and thier factory, they are not a production plant, they are an R&D protoype production plant. More \| View thread (3) \| Respond \| Login to Vote up \| Login to Vote down
14-11-09	Re: Lost my patience!!	conno123	1


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	CN - Difficult decision I understand...sods law means we'll get a positive announcement next week...or will we? I'm 80%ish down too but decided to stay where I am, boom or bust. As brantub points out, externally there's everything to play for but internally doubts remain. So far we still don't have crystal clear understanding on product or customers. Is this going to change in the next few weeks or are they going to procrastinate until the cash runs out? What we need before year end is the Heliocentris deal on marketing the Lab Electrolyser and a positive outcome from the Revolve Transit trials with Royal Mail followed by an order for X number of High Pressure Refuelling Units. If we get something along those lines then you did lose 80%. If it's just more of the same like the last few years, you've just saved yourself 20%. Good Luck with future ventures. More \| View thread (3) \| Respond \| Login to Vote up \| Login to Vote down
13-11-09	HOLD Lost	brantub


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	Hard cheese CN. Dunno which could have been worse, taking the loss or making the decision. With insufficient clear reason to go or stay, it may have had to be on other issues. Personally, I'm unsure, but it's an AIM stock and in view of International affairs, Climate Change Conference etc, the stakes remain high. I stay. More \| View thread (1) \| Respond \| Login to Vote up \| Login to Vote down

The contents of the postings summarised here represents the opinions of the authors and not of Interactive Investor Trading Limited.
They have not been approved or issued by Interactive Investor Trading Limited.

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