REG - Ceres Power Holdings - Director/PDMR Shareholding <Origin Href="QuoteRef">CWR.L</Origin>

Ceres Power HoldingsAnnouncement

15/03/2017 07:13

RNS Number : 4861Z
Ceres Power Holdings plc
15 March 2017
15 March 2017
This announcement contains inside information
Ceres Power Holdings plc
("Ceres Power" or the "Company")
Director's Dealing
Ceres Power Holdings plc (AIM: CWR) announces that on the 14 March 2017, Phil Caldwell, Chief Executive Officer, exercised options under the Ceres Power Sharesave Scheme, in relation to 143,312 ordinary shares of 1p each in the Company ("Ordinary Shares") at an exercise price of 6.28p per share, increasing his shareholding to 260,958 Ordinary Shares, representing approximately 0.03 per cent of the issued ordinary share capital of the Company. As a result, Mr Caldwell now holds options over 22,851,696 Ordinary Shares.
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
Philip Caldwell
2
Reason for the notification
a)
Position/status
Chief Executive Officer, 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
213800N7AAHSXQUOA733
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
Exercise of Share Options under the Sharesave Scheme and purchase of shares 
c)
Price(s) and volume(s)
Price(s)
Volume(s)
6.28 pence
143,312
d)
Aggregated information
Price(s)
Volume(s)
6.28 pence
143,312
e)
Date of the transaction
14 March 2017
f)
Place of the transaction
N/A
Ceres Power Holdings plc
Phil Caldwell, CEO
Richard Preston, CFO
Dan Caesar, Communications & Marketing Director
+44 (0)1403 273 463
Zeus Capital (Nominated Adviser and Broker)
Phil Walker/Andrew Jones
Hugh Kingsmill Moore
+44 (0) 20 3829 5000
Powerscourt
Peter Ogden/Andy Jones
+44 (0) 20 7250 1446


Notes to Editors: 
About Ceres Power 
Ceres Power (http://www.cerespower.com/) is a world leading developer of low cost, next generation fuel cell technology for use in decentralised energy products that reduce operating costs, lower CO2 emissions, increase efficiency and improve energy security. Ceres Power's unique patented SteelCell technology operates on mains natural gas and is manufactured using standard manufacturing processes and conventional materials such as steel, meaning that it can be mass produced at an affordable price for domestic and business use. 
www.cerespower.com 

This information is provided by RNS
The company news service from the London Stock Exchange
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