REG - Ceres Power Holdings - Director's Dealing and Total Voting Rights <Origin Href="QuoteRef">CWR.L</Origin>
RNS Number : 9883XCeres Power Holdings plc30 November 201730 November 2017
This announcement contains inside information
Ceres Power Holdings plc
("Ceres Power" or the "Company")
Director's Dealing and Total Voting Rights
Ceres Power Holdings plc (AIM: CWR) announces that on 29 November 2017, Mike Lloyd, Non-Executive Director, exercised options in relation to 920,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a weighted average exercise price of 2.64p per share. Mr Lloyd retained all the Ordinary Shares acquired and as a result has increased his shareholding to 2,250,597 Ordinary Shares, representing approximately 0.22 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.
Ceres Power Holdings plc (AIM: CWR) confirms that as at 29 November 2017, the Company had 1,014,849,929 ordinary shares of 1 pence each ("Ordinary Shares") in issue, with one voting right each. The Company does not hold any shares in treasury. The number of Ordinary Shares with voting rights is therefore 1,014,849,929.
Accordingly, these figures may be used by shareholders as a denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the Company, under the Disclosure and Transparency Rules.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Michael Lloyd
2
Reason for the notification
a)
Position/status
Non-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
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 2004 Employees Share Option Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.00 pence
750,000
9.875 pence
170,000
d)
Aggregated information
Price(s)
Volume(s)
1.00 pence
750,000
9.875 pence
170,000
e)
Date of the transaction
29 November 2017
f)
Place of the transaction
N/A
Ceres Power Holdings plc
Dan Caesar
Tel: +44 (0)1403 273 463
Zeus Capital(Nominated Adviser and Broker)
Giles Balleny /Andrew Jones/Hugh Kingsmill Moore
Tel: +44 (0) 20 3829 5000
Berenberg (Joint Broker)
Ben Wright / Mark Whitmore / Laure Fine
Tel: +44 (0) 203 207 7800
Powerscourt
Peter Ogden/Andy Jones
Tel: +44 (0) 20 7250 1446
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 ExchangeENDMSCOKKDQKBDDBDN
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