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):
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Record Date for entitlement to participate in the Open Offer |
5.00 p.m. on 27 September 2017 |
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Announcement of the Firm Placing and the Open Offer
|
29 September 2017 |
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Dispatch of the Circular, the Form of Proxy and, to certain Qualifying Non-CREST Shareholders, the Application Form |
2 October 2017 |
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Expected ex-entitlement date for the Open Offer |
8.00 a.m. on 2 October 2017 |
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Basic Entitlements and Excess CREST Open Offer Entitlements credited to CREST stock accounts of Qualifying CREST Shareholders |
3 October 2017 |
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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 |
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Latest time for depositing Basic Entitlements and Excess CREST Open Offer Entitlements into CREST |
3.00 p.m. on 12 October 2017 |
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Latest time and date for splitting Application Forms (to satisfy bona fide market claims only) |
3.00 p.m. on 13 October 2017 |
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Latest time and date for receipt of Forms of Proxy for the General Meeting |
11.15 a.m. on 16 October 2017 |
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Latest time and date for receipt of completed Application Forms and payment in full under the Open Offer or settlement |
11.00 a.m. on 17 October 2017 |
|
General Meeting |
11.15 a.m. on 18 October 2017 |
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Result of Open Offer announced through RNS |
18 October 2017 |
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Admission of the New Ordinary Shares to trading on AIM |
8.00 a.m. on 19 October 2017 |
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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 |
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Expected date of dispatch of definitive share certificates for the New Ordinary Shares in certificated form (certificated holders only) |
On 27 October 2017 |
