{
 "as_of": "2026-11-06",
 "cmr": "uk-cm-kg/AIM/ITM",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# ITM POWER PLC (AIM: ITM) — research page\n\nAs of 2026-11-06 · uk-cm-kg · record version 1\n\n## Identity and listing\n\nITM POWER PLC is listed on AIM under ticker ITM, ISIN GB00B0130H42, LEI 21380042MB2JKZ6RRP12. Its security type is Corporate and its segment is AMSM. Its sector is Alternative Energy [601020] and its jurisdiction is England and Wales (Companies House jurisdiction field). Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 58 filings in the twelve months to 2026-11-06, on 48 filing days. The median gap between filing days is 4 days. The latest filing is dated 2026-11-02, 4 days before the record date, and its type is agm_record_date. The AIM median cadence gap is 7.0 days across 594 issuers, and the AIM median latency is 4 days. The Alternative Energy [601020] sector median cadence gap is 5.8 days across 13 issuers, and its median latency is 4.0 days. The issuer's 58 filings are above the AIM median of 33.5 and above the sector median of 42.\n\n## Auditor\n\nThe auditor of record is Grant Thornton UK LLP. Its location is not on the record. Auditor changes are not on the record, as this register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The halt flag shows listed, not halted.\n\n## Orderability\n\nFor elective professional client, the signal is ACM-200 and the outcome is determinable. For eligible counterparty, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 16 research houses: AlphaValue, Bank Pekao, Berenberg, Bryan Garnier, Goldman Sachs, INVESTEC, Jefferies, JPMorgan, Morgan Stanley, Panmure Liberum, Peel Hunt, UBS, Zeus, Bryan, Garnier & Co, JP Morgan and Redburn.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nNo years are sealed for this issuer, and the market's vintage is not sealed. The market's earliest sealed date is not on the record. The live record began on 2026-09-11. The years 2021, 2022, 2023, 2024, 2025 and 2026 are sealed in the store but not served as of a date. The as-of door answers not_sealed.\n\n## Sources\n\n11 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (identity.exchange)\n- https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/ITM (identity.isin)\n- https://find-and-update.company-information.service.gov.uk/company/05059407 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://www.londonstockexchange.com/stock/ITM/itm-power-plc/company-page (identity.sector)\n- https://mcp.uk-cm-kg.ai/events/AIM/ITM (the disclosure lines)\n- https://marketsecurities.fca.org.uk/officiallist (the halt flag)\n- https://itm-power-assets.s3.eu-west-2.amazonaws.com/ITM_Power_PLC_Annual_Report_2024_0beb087559.pdf (the auditor)\n- https://mcp.uk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://itm-power.com/investors/analyst-coverage (coverage)\n- https://mcp.uk-cm-kg.ai/record/AIM/ITM (the record)\n",
 "market": "UK",
 "node": "uk-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-11",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the UK store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "Tavily regex",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://itm-power-assets.s3.eu-west-2.amazonaws.com/ITM_Power_PLC_Annual_Report_2024_0beb087559.pdf",
    "state": "confirmed",
    "value": "Grant Thornton UK LLP"
   },
   "auditor_firm_id": {
    "market": "UK",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "UK",
    "state": "not_on_record"
   },
   "changes": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "uk-cm-kg/AIM/ITM",
  "coverage": {
   "count": 16,
   "houses": [
    {
     "analyst": "Kulwinder Rajpal",
     "house": "AlphaValue",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Damian Szparaga",
     "house": "Bank Pekao",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "James Carmichael",
     "house": "Berenberg",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Thomas Mordelle",
     "house": "Bryan Garnier",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Michelle Della Vigna",
     "house": "Goldman Sachs",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Ben Bourne",
     "house": "INVESTEC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Constantin Hesse",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Patrick Jones",
     "house": "JPMorgan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Arthur Sitbon",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Lacie Midgley",
     "house": "Panmure Liberum",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Sam Wahab",
     "house": "Peel Hunt",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Chris Leonard",
     "house": "UBS",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Daniel Slater",
     "house": "Zeus",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Thomas Mordelle",
     "house": "Bryan, Garnier & Co",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Patrick Jones",
     "house": "JP Morgan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Skye Landon",
     "house": "Redburn",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://itm-power.com/investors/analyst-coverage",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://itm-power.com/investors/analyst-coverage",
     "result": "read: 16 of 32 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 594,
     "median_cadence_gap_days": 7,
     "median_filings": 33.5,
     "median_latency_days": 4,
     "name": "AIM"
    },
    "sector": {
     "issuers": 13,
     "median_cadence_gap_days": 5.8,
     "median_filings": 42,
     "median_latency_days": 4,
     "name": "Alternative Energy [601020]"
    }
   },
   "by_type": {
    "agm_record_date": 4,
    "ch_accounts_filed": 1,
    "ch_capital": 1,
    "ch_charge": 1,
    "ch_confirmation_statement": 1,
    "ch_officer_change": 5,
    "ch_resolution": 1,
    "corporate_action": 5,
    "director_dealing": 17,
    "financial_statement": 3,
    "regulatory_announcement": 19
   },
   "cadence_median_gap_days": 4,
   "filing_days": 48,
   "filings": 58,
   "latency_days": 4,
   "latest": [
    {
     "category": null,
     "date": "2026-11-02",
     "source": "https://www.investegate.co.uk/announcement/rns/itm-power--itm/result-of-agm/9851642",
     "title": "Result of AGM",
     "type": "agm_record_date"
    },
    {
     "category": null,
     "date": "2026-10-28",
     "source": "https://www.investegate.co.uk/announcement/rns/itm-power--itm/vesting-of-option-awards/9846314",
     "title": "Vesting of option awards",
     "type": "regulatory_announcement"
    },
    {
     "category": null,
     "date": "2026-10-28",
     "source": "https://find-and-update.company-information.service.gov.uk/company/05059407/filing-history/MzU1MzExNTU0NWFkaXF6a2N4/document?format=pdf&download=0",
     "title": "accounts with accounts type group — 2026-04-30",
     "type": "ch_accounts_filed"
    },
    {
     "category": null,
     "date": "2026-10-27",
     "source": "https://www.investegate.co.uk/announcement/rns/itm-power--itm/notice-of-gm/9843499",
     "title": "Notice of GM",
     "type": "agm_record_date"
    },
    {
     "category": null,
     "date": "2026-10-27",
     "source": "https://www.investegate.co.uk/announcement/rns/itm-power--itm/block-listing-application-update-/9844042",
     "title": "Block Listing Application (Update)",
     "type": "corporate_action"
    }
   ],
   "latest_filing_date": "2026-11-02",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.uk-cm-kg.ai/events/AIM/ITM",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=AIM, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "AIM"
   },
   "isin": {
    "read_by": "LSE instrument reference record (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/ITM",
    "state": "confirmed",
    "value": "GB00B0130H42"
   },
   "jurisdiction": {
    "read_by": "Companies House REST API (company profile) (jurisdiction field)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://find-and-update.company-information.service.gov.uk/company/05059407",
    "state": "confirmed",
    "value": "England and Wales (Companies House jurisdiction field)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN GB00B0130H42)",
    "state": "sourced",
    "value": "21380042MB2JKZ6RRP12"
   },
   "name": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=AIM, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "ITM POWER PLC"
   },
   "sector": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/ITM/itm-power-plc/company-page",
    "state": "sourced",
    "value": "Alternative Energy [601020]"
   },
   "security_type": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=AIM, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=AIM, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "AMSM"
   },
   "ticker": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=AIM, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "ITM"
   },
   "website": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/ITM/itm-power-plc/company-page",
    "state": "sourced",
    "value": "http://www.itm-power.com"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "UK",
  "node": "uk-cm-kg",
  "numbers_hash": "sha256:0d2876c0a18abe38f612cd8e40708aaa77e9a9d86b5bc5dd475f02a57c5dc7ed",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "elective professional client",
    "eligible counterparty"
   ],
   "outcomes": {
    "elective professional client": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "eligible counterparty": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.uk-cm-kg.ai/book/aio.json",
    "door": "https://mcp.uk-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/uk/product-governance-fca-prod-sourcebook/r1",
   "section": "uk.aio.v16"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.uk-cm-kg.ai/record/AIM/ITM",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://marketsecurities.fca.org.uk/officiallist",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:0d2876c0a18abe38f612cd8e40708aaa77e9a9d86b5bc5dd475f02a57c5dc7ed",
 "path": "/uk/AIM/ITM",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "ITM POWER PLC is listed on AIM under ticker ITM, ISIN GB00B0130H42, LEI 21380042MB2JKZ6RRP12. Its security type is Corporate and its segment is AMSM. Its sector is Alternative Energy [601020] and its jurisdiction is England and Wales (Companies House jurisdiction field). Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 58 filings in the twelve months to 2026-11-06, on 48 filing days. The median gap between filing days is 4 days. The latest filing is dated 2026-11-02, 4 days before the record date, and its type is agm_record_date. The AIM median cadence gap is 7.0 days across 594 issuers, and the AIM median latency is 4 days. The Alternative Energy [601020] sector median cadence gap is 5.8 days across 13 issuers, and its median latency is 4.0 days. The issuer's 58 filings are above the AIM median of 33.5 and above the sector median of 42.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is Grant Thornton UK LLP. Its location is not on the record. Auditor changes are not on the record, as this register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The halt flag shows listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For elective professional client, the signal is ACM-200 and the outcome is determinable. For eligible counterparty, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 16 research houses: AlphaValue, Bank Pekao, Berenberg, Bryan Garnier, Goldman Sachs, INVESTEC, Jefferies, JPMorgan, Morgan Stanley, Panmure Liberum, Peel Hunt, UBS, Zeus, Bryan, Garnier & Co, JP Morgan and Redburn.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "No years are sealed for this issuer, and the market's vintage is not sealed. The market's earliest sealed date is not on the record. The live record began on 2026-09-11. The years 2021, 2022, 2023, 2024, 2025 and 2026 are sealed in the store but not served as of a date. The as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "11 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer"
  },
  {
   "for": "identity.isin",
   "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/ITM"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://find-and-update.company-information.service.gov.uk/company/05059407"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "identity.sector",
   "source": "https://www.londonstockexchange.com/stock/ITM/itm-power-plc/company-page"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.uk-cm-kg.ai/events/AIM/ITM"
  },
  {
   "for": "the halt flag",
   "source": "https://marketsecurities.fca.org.uk/officiallist"
  },
  {
   "for": "the auditor",
   "source": "https://itm-power-assets.s3.eu-west-2.amazonaws.com/ITM_Power_PLC_Annual_Report_2024_0beb087559.pdf"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.uk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://itm-power.com/investors/analyst-coverage"
  },
  {
   "for": "the record",
   "source": "https://mcp.uk-cm-kg.ai/record/AIM/ITM"
  }
 ],
 "title": "ITM POWER PLC (ITM) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}