REG - Ceres Power Holdings - Director/PDMR Shareholding <Origin Href="QuoteRef">CWR.L</Origin>
RNS Number : 7285SCeres Power Holdings plc23 December 201623 December 2016
This announcement contains inside information
Ceres Power Holdings Plc
("Ceres Power" or "the Company")
DIRECTOR'S DEALINGS
Ceres Power Holdings plc (AIM: CWR) announces that it was notified on 22 December 2016 that on 22 December 2016, Mike Lloyd, Non-Executive Director, purchased 261,795 ordinary shares of 1p each in the Company ("Ordinary Shares").
As a result, Mr Lloyd holds 1,330,597 Ordinary Shares, representing 0.13 per cent of the issued ordinary share capital of the Company.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mike Lloyd
2
Reason for the notification
a)
Position/statusNon-Executive Director
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ceres Power Holdings plc
b)
LEI
N/A
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
1p ordinary shares
ISIN GB00B0351429
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
0.076
261,795
d)
Aggregated information
Price(s)
Volume(s)
0.076
261,795
e)
Date of the transaction
22 December 2016
f)
Place of the transaction
London Stock Exchange, AIM
For further information please contact:
Ceres Power Holdings plc
Phil Caldwell, CEO
Richard Preston, CFO
Tel: +44 (0)1403 273 463
Zeus Capital Limited (Nominated Adviser and Broker)
Phil Walker/Andrew Jones
Tel: +44 (0) 20 3829 5000
Tavistock
Mike Bartlett/James Collins
Tel: +44 (0) 20 7920 3150
Notes to Editors:
About Ceres Power
Ceres Power (http://www.cerespower.com/) is a world leader in low cost, next generation fuel cell technology for use in distributed power products that reduce operating costs, lower CO2, SOx and NOx emissions, increase efficiency and improve energy security. The Ceres Power unique patented Steel Cell technology generates power from widely available fuels at high efficiency and is manufactured using standard processing equipment and conventional materials such as steel, meaning that it can be mass produced at an affordable price for domestic and business use.
Ceres Power offers its partners the opportunity to develop power systems and products using its unique Steel Cell technology and know-how, combined with the opportunity to supply the Steel Cell in volume through its manufacturing partners.
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHGCBDDRUDBGLX
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