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ITM Power Appoints New Non-Executive Director from Linde
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ITM Power Appoints New Non-Executive Director from Linde

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An announcement from ITM Power ( (GB:ITM) ) is now available.

ITM Power PLC has announced the appointment of Matthias von Plotho as a Non-Executive Director, replacing Jürgen Nowicki who resigned as Linde’s board representative. Matthias, with extensive experience in finance and strategic roles at Linde, is expected to enhance ITM’s operations and maintain strong ties with its largest shareholder, Linde, which holds a 16.2% stake in the company.

More about ITM Power

ITM Power PLC, founded in 2000 and listed on the AIM market of the London Stock Exchange in 2004, is based in Sheffield, England. The company specializes in designing and manufacturing electrolysers using proton exchange membrane (PEM) technology to produce green hydrogen, a net zero energy gas, utilizing renewable electricity and water.

YTD Price Performance: 0.56%

Average Trading Volume: 2,850,860

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £221.6M

Learn more about ITM stock on TipRanks’ Stock Analysis page.

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