Member Info for Momentum5

Interesting that our CEO has the following positions:

Industry Leadership: In June 2025, he was elected to the Board of Hydrogen Europe, where he represents the industrial sector's interests.

Government Advisory: He is a member of the UK Hydrogen Delivery Council, advising on the implementation of the UK's hydrogen strategy.

Therefore I would say it is highly likely that more money could be coming our way. As he said in the following presentation "ITM is the UK's electrolyser champion, supporting energy sovereignty and resilience"

https://www.youtube.com/watch?app=desktop&v=7QWhTUpvfSo

The long this price holds around this level the more likely it is to move up. That means squeaky bum time for shorts. They have to know the game is now up. Therefore there is going to be a wall of buying coming.

Looks like we are having a healthy consolidation of Friday's gains. This is a very good sign. I am expecting this to hold above 130p and then a move back to 140p and retest 145p and onwards. I would say if you can buy around 133p that is a very good price.

Long term this share is heading to £5 then £6 and upwards and onwards. It is an absolutely amazing investment. I really think we are going to have a Rolls-Royce share price run.

Interesting that part of the management team at ITM is Sir Warren East (Non-Executive Director) (joined board October 2025) was former CEO of Rolls-Royce.

Sir Warren East (Non-Executive Director): Joined the ITM board in October 2025.

Expertise: Former CEO of Rolls-Royce (2015–2022) and CEO of ARM Holdings (2001–2013).

Strategic Value: One of the UK's most respected engineers, his experience modernising large-scale engineering firms is critical for ITM's operational "gearing" and decarbonisation strategy.

145p seems to be the top at the moment. If it breaks that and stays above for a while then 150p is the next target.

Now I can. 142p to buy

Yes, I cannot get a quote to buy any at the moment on HL platform.

Director Backgrounds

Jürgen Nowicki (Non-Executive Chair): He officially began his role on 15 January 2026.

Expertise: A veteran of the industrial gas industry, he was previously the CEO of Linde Engineering.

Strategic Value: His deep history with Linde (ITM’s largest shareholder) is intended to strengthen the commercial partnership and aid ITM in scaling its technology for global markets.

Amy Grey (CFO): Appointed in early 2025.

Expertise: A Chartered Accountant who previously served as CFO of Sheffield Forgemasters.

Strategic Value: She has extensive experience in high-end manufacturing and leading companies through transitions, including the flotation of Greenlane Renewables on the Toronto Stock Exchange.

Sir Warren East (Non-Executive Director): Joined the board in October 2025.

Expertise: Former CEO of Rolls-Royce (2015–2022) and CEO of ARM Holdings (2001–2013).

Strategic Value: One of the UK's most respected engineers, his experience modernising large-scale engineering firms is critical for ITM's operational "gearing" and decarbonisation strategy.

John Howarth (Non-Executive Director): Also joined in October 2025.

Expertise: A Chartered Accountant and Partner at S&W LLP, with previous senior roles at EY and PwC.

Strategic Value: He has a long history of advising fast-growing AIM-listed businesses on governance, audit, and financial reporting.

Dennis Schulz is an experienced engineering executive who was appointed CEO of ITM Power in December 2022. He was recruited specifically to transition the company into a world-class manufacturing organisation.

Professional Experience

Schulz spent over 14 years at Linde Engineering—a major partner and shareholder of ITM Power—before taking the helm. His career there spanned several critical commercial and technical functions:

Managing Director (2020–2022): Based in Dresden, Germany, where he oversaw the engineering division's operations.

Chief Financial Officer (2017–2020): Managed the financial strategy for Linde's engineering arm.

Head of Strategy and M&A (2016–2017): Responsible for the division's growth path and strategic acquisitions.

Operational Roles: He previously served as Head of Project Execution Services and as a Global QHSE (Quality, Health, Safety, and Environment) Manager.

Education & Professional Standing

Executive MBA: From Munich Business School (2010–2012), including strategic management studies at SDA Bocconi and Singapore Management University.

Master of Science (M.Sc.): In Industrial Environmental Computing from HTW Berlin.

Industry Leadership: In June 2025, he was elected to the Board of Hydrogen Europe, where he represents the industrial sector's interests.

Government Advisory: He is a member of the UK Hydrogen Delivery Council, advising on the implementation of the UK's hydrogen strategy.

Great posts breakofdawn & Stayingpatient. I agree, I think we could have a Rolls-Royce style share performance coming to ITM. I did not know about the cash raise at 400p, very interesting.

Also I was looking into the management team and I am very impressed. I did not know that the new non-executive chair (joined 15 Jan 2026) Jurgen Nowicki was previously the CEO of Linde Engineering (which has a market cap of $228billion). Also interesting that Sir Warren East (Non-Executive Director) (joined board October 2025) was former CEO of Rolls-Royce (during 2015-2022).

Great post Eastwood. Thank you for providing that info. I absolutely loaded the boat on Friday but I still have about 10% left so I plan to buy all I can tomorrow and I'm not selling a bean for a very long time.

The shorts have their backs to the wall and the more the price rises the more likely it will be that they will be forced to close. That will create a flood of buying.

I think it is highly likely that the MMs will shake the tree as much as they can tomorrow. I know for sure they will drop the price at the open to clear any stop losses so be very careful if you have set stop losses. They will take your shares off you at whatever price they want and they will not allow you to buy back until they have raised the price right up again.

I can't say for sure as I have never been a MM but I would not be surprised at all if there is a big financial incentive for them to collect as many share as they can on the cheap knowing that they will be able to offload them to the shorts for a much higher price.

Also I would say the news this weekend regarding the Strait of Hormuz being closed again is generally bad for markets, I would say it is very positive news for ITM. The sectors which are going to benefit most from the Iran war are green energy and defence. After the RNS on Friday with our "Strategic collaboration with Rheinmetall" we will now benefit so the defence sector as well.

I was lessening to the recent ITM investor presentation https://www.youtube.com/watch?app=desktop&v=7QWhTUpvfSo and their Chronos stack looks to be another game changing technology to add to their offering.

The more and more I look into it the more and more I am very happy with my investment in ITM.

NATO RNS we are now like to benefit from both those sectors.

@Digitalis thank you for the chart analysis. I know a lot of people don't believe in it, but all I will say is its surprising how history does repeat itself. For example if you look on yahoo finance (because it takes consolidation into account) at the peak GGP had in 2020, it recently mirrored that peak. I have seen other shares do the same. I believe that ITM is going to have a similar run that it had in 2020-21 and test new all-time highs. It's also interesting that these things happen in approximately 5-year cycles.

With regard to Monday's trading, I'm fully expecting the MMs to be playing games. I would not be surprised at all if they drop the price to flush out weak hands and collect any stop losses they can, so be ready for that. I think there will be a huge incentive for them to try and collect as many shares as they can to help the shorts cover their positions. I am waiting for it and I will be buying as many shares as I can.

I think we are only just starting the re-rate. Opportunities like this are rare and there is no way I am selling out until we are many multiples of the current price. The two recent ITM announcements are completely game changing news and others have said there is a load more news expected. There is no way I am going to miss out on this ride to plus £3 and onwards.

Hi Digitalis, I saw the following post you did back around 14th April so "Yeah it is a whopper of an engulfing candle backed up with increased volume - there's obviously the resistance at 95p-100p, after that it looks to me to be around 115-120p then 135p if 135p falls there is an old gap to close up to 180p"

You look to be spot on with that.

I am trying to get better at charting but can you or anyone else let me know what you consider the next zones to be. I see a historic gap between 136p - 153p not sure how important that is. As you say I see zones around 180p but after that possibly 215p & 280p?

I really can see this company easily getting to a £3b market cap no problem. That is 3x from here, so around £4.35. That is not going to be an issue with the current news already released let alone more to come.

This share is an absolute gift at this price. Absolutely unbelievable value at £1.31. This sector has been unloved but now it is going to get a lot of attention. The sectors you want to have exposure to at the moment are green energy and defence and ITM ticks those boxes and with a small market cap that can easily go multiples.

I was lucky enough to getting into GGP early and it has had a great run but I really feel ITM is going to be the next AIM stock to shine. I have sold all my GGP and put it all in here. Hopefully a good choice we will see.

Hopefully get a good run into the close. Will be very happy with a close above 140p. As news spreads this weekend and more and more investors start looking at this it will go nuts. It is in an absolute sweet spot. Perfect market cap size to go so much higher. It has loads of cash and amazing news flow. Feel so lucky to have found this one recently at this price. I have been looking at so many different companies on AIM to find one that I felt could out perform GGP and I really think this is the one.

Hi, I am still invested in OMI and will be for a while but worth checking out ITM. Massive news today and I think it still has a long way up to go yet.

I was heavily invested in GGP and I think it is a fantastic story. My problem is I think gold and silver have had their run for a while. I have sold all my GGP and have put it all in ITM.

Getting close, live price bid is 139.5p

Personally I don't think 200p is happening today. If we can close above the current top for the day of 140p that would be very bullish.

Agreed about stop losses. Historically I have never used them and after what happened recently with ITM I will never use them again.

Could not agree more SavvyInvestor this is only the beginning.

Also word of warning to anyone thinking about setting stop losses. Please be very careful. I got burned only a few days ago with ITM. The MMs drops the price at the open and took me out, so just be careful because we are now on for a massive re-rate and it is not a good way to be taken out.

Looking at the chart now, if you can buy sub 130p I would say you are doing well. As news spreads and the US come online I can only see this going up. It has been held down too long. The shorts are going to have no option but to close out as soon as possible, so that is a load more forced buying if they have not already.