REG - Ceres Power Holdings - Director/PDMR Shareholding

Ceres Power HoldingsAnnouncement

01/05/2026 13:15

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RNS Number : 8520C  Ceres Power Holdings plc  01 May 2026

CWR.L

1 May 2026

Ceres Power Holdings plc

("Ceres Power" or "the Company")

 

Notifications of transactions by Persons Discharging Managerial
Responsibilities

(together 'PDMRs')

Horsham, UK: Ceres Power Holdings plc (CWR.L), a leading developer of clean
energy technology, announces that the Company was notified on 30 April 2026
that Phil Caldwell, CEO and a PDMR of the Company, exercised options over
358,593 shares in the Company vested under the 2016 LTIP award, which were due
to expire on 29 September 2026. The resulting shares, together with an
additional holding of 98,347 shares, were sold at GBP 6.219 per share.

Following this transaction, in addition to vested and exercisable options over
347,110 shares, and unvested options over 2,365,035 shares awarded under the
Company's share plans, Mr Caldwell holds 365,888 shares in the Company.

The notification of dealing forms can be found below.

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

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Phil Caldwell

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer

 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  Ordinary Shares of 10 pence each

      Identification code                                          ISIN: GB00BG5KQW09

 b)   Nature of the transaction                                    Exercise of options over 358,593 Ceres Power Holdings plc Ordinary shares of

                                                            ten pence each awarded under the 2026 LTIP, with an option price of 10 pence
                                                                   each

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         £0.10                 358,593

 d)   Aggregated information

      - Aggregated volume                                          358,593

      - Price                                                      £0.10

      - Total                                                      £35,859.3

 e)   Date of the transaction                                      30 April 2026

 f)   Place of the transaction                                     XLON

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Phil Caldwell

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer

 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  Ordinary Shares of 10 pence each

      Identification code                                          ISIN: GB00BG5KQW09

 b)   Nature of the transaction                                    Sale of 456,940 Ceres Power Holdings plc 10 pence ordinary shares

 c)   Price(s) and volume(s)

                                                                                      Price(s)           Volume(s)
                                                                                      £6.219             456,940

 d)   Aggregated information

      - Aggregated volume                                          456,940

      - Price                                                      £6.219

      - Total                                                      £2,841,709.86

 e)   Date of the transaction                                      30 April 2026

 f)   Place of the transaction                                     XLON

 

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

 

 Ceres Power Holdings plc                                            Email: investors@cerespower.com

 Merryl Black (Head of Investor Relations and Sustainability)

 Ceres Power Holdings plc                                            Tel: +44 (0)7526 196529

 Dominic Murray (Company Secretary)

About Ceres

Ceres is a leading developer of clean energy technology: fuel cells for power
generation and electrolysers to produce green hydrogen. Its asset-light,
licensing model has seen it establish partnerships with some of the world's
largest companies, such as Doosan, Delta, Denso, Shell, Weichai and Thermax.
Ceres' solid oxide technology supports greater electrification of our energy
systems, including AI data centres, commercial and industrial applications,
and produces green hydrogen at high efficiencies as a route to decarbonise
emissions-intensive industries such as ammonia, steelmaking and electrofuels.
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.

Read more on our website www.ceres.tech
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