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REG - Ceres Power Holdings - Director/PDMR Shareholding

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RNS Number : 9870I  Ceres Power Holdings plc  11 August 2023

11 August 2023

Ceres Power Holdings plc

("Ceres Power" or "the Company")

 

Notifications of transactions by Persons Discharging Managerial
Responsibilities

(together 'PDMRs')

 

The Company was notified on 10 August 2023 that Clarissa de Jager, Chief of
Intellectual Property and a PDMR of the Company, exercised share options under
the Ceres Power Holdings plc Sharesave Scheme and retained the shares. Details
are set out below:

 

 Name               Options exercised  Exercise price  Shareholding after transaction
 Clarissa de Jager  7,377              195.20p         7,377

 

The notification of dealing form can be found below.

This notification is made in accordance with the requirements of Article 19 of
the UK Market Abuse Regulation.

 

Notification of dealing form

 

 1   Details of the person discharging managerial responsibilities/ person closely
     associated
 a)  Name                                      Clarissa de Jager
 2   Reason for the notification
 a)  Position/Status                           Chief of Intellectual Property / PDMR
 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 section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and; (iv) each
     place where transaction have been conducted
 a)  Description of the financial instrument,  Ordinary Shares of 10 pence each

     type of instrument Identification code    ISIN: GB00BG5KQW09
 b)  Nature of the transaction                 Exercise of Share Options under the Ceres Power Holdings plc Sharesave Scheme
 c)  Price(s) and volume (s)                   Price(s)                                    Volume(s)
                                               £1.952                                      7,377
 d)  Aggregated information                    Aggregate Price       Aggregate Volume                            Aggregate Total

     -Aggregated volume

     -Price
     £1.952                                                                                7,377                                       £
                                                                                                                                       1
                                                                                                                                       4
                                                                                                                                       ,
                                                                                                                                       3
                                                                                                                                       9
                                                                                                                                       9
                                                                                                                                       .
                                                                                                                                       9
                                                                                                                                       0
 e)  Date of the transaction                   10 August 2023
 f)  Place of the transaction                  N/A

 

For further information visit www.ceres.tech (http://www.ceres.tech) or
contact:

 Ceres Power Holdings plc                     Tel: +44(0) 7752 470802

 Marianne Millard, Deputy Company Secretary

 FTI Consulting (PR Adviser)                  Tel: +44 (0)203 727 1000

 Dwight Burden                                Email: ceres_power@fticonsulting.com (mailto:Ceres_power@fticonsulting.com)

 

About Ceres Power

Ceres is a world-leading developer of electrochemical technologies: fuel cells
for power generation, electrolysis for the creation of green hydrogen and
energy storage. Its asset-light, licensing model has seen it establish
partnerships with some of the world's largest engineering and technology
companies, such as Bosch, Doosan, Shell and Weichai, to develop systems and
products that address climate change for power generation, transportation,
industry, data centres and everyday living.  Ceres is listed on the London
Stock Exchange ("LSE") (LSE: 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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