REG - Ceres Power Holdings - Block Admission Application

Ceres Power HoldingsAnnouncement

27/01/2020 07:00

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RNS Number : 9339A  Ceres Power Holdings plc  27 January 2020

27 January 2020

 

Ceres Power Holdings plc

("Ceres Power" or the "Company")

 

Block Admission Application

 

The Company has made an application to the London Stock Exchange Plc for a
block admission of 209,443 Ordinary Shares of 10 pence each ("Ordinary
Shares").  These Ordinary Shares will be allotted in accordance with the
exercise of options under the Sharesave scheme.

It is expected that the block admission will become effective on 30 January
2020. The Ordinary Shares, when issued, shall rank equally with the Company's
existing issued Ordinary Shares.

The Company's current issued share capital will not change as a result of the
block admission.

For further information, please contact:

 

 Ceres Power Holdings plc                         Tel: +44 (0)1403 273 463

 Richard Preston

 Investec Bank PLC (NOMAD & Joint Broker)         Tel: +44 (0)207 597 5970

 Jeremy Ellis / Patrick Robb

 Berenberg (Joint Broker)                         Tel: +44 (0) 203 207 7800

 Ben Wright / Mark Whitmore

 Powerscourt (Financial PR)                       Tel: +44 (0) 20 7250 1446

 Peter Ogden / James White

 

 

Notes to Editors:

 

About Ceres Power

Ceres Power (http://www.cerespower.com (http://www.cerespower.com/) ) is a
world-leading developer of low cost, next generation solid oxide fuel cell
("SOFC") technology. Its asset-light licensing model has seen it establish
partnerships with some of the world's largest engineering and technology
companies, such as Weichai in China, Bosch in Germany, Miura in Japan, and
Doosan in South Korea, to develop systems and products that address climate
change and air quality challenges for transportation, industry, data centres
and everyday living.  Ceres Power is listed on the AIM market of the London
Stock Exchange ("LSE") (AIM: CWR) and is classified by the LSE Green Economy
Mark, which recognises listed companies that derive more than 50% of their
activity from the green economy.

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