REG - Ceres Power Holdings - Grant of Long Term Incentive Plan (“LTIP”) Awards

Ceres Power HoldingsAnnouncement

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RNS Number : 9862A  Ceres Power Holdings plc  17 April 2026

CWR.L

17 April 2026

Ceres Power Holdings plc

("Ceres Power" or "the Company")

 

Grant of Long Term Incentive Plan ("LTIP") Awards

 

Horsham, UK: Ceres Power Holdings plc (CWR.L), a leading developer of clean
energy technology, confirms the grant of LTIP share options on 17 April 2026
under the Ceres Power Holdings plc Long Term Incentive Plan 2025 (the "Plan")
to the following Persons Discharging Managerial Responsibilities ("PDMRs"):

 

 Name             Position                 No. share options granted
 Philip Caldwell  Chief Executive Officer  413,987

 Stuart Paynter   Chief Financial Officer  231,833

 

These LTIP share options are in respect of the Company's ordinary shares of 10
pence each and have a nominal value exercise price. Vesting of the options is
conditional upon achieving certain challenging commercial and share price
targets over their three-year performance period. A further two-year holding
period in addition to the three-year vesting period applies to these awards.

The notification of dealing forms can be found below.

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

 

Notification of dealing forms

 

 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

 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                                    Grant of Long-Term Incentive Plan Awards

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     0.10              413,987

 d)   Aggregated information

      - Aggregated volume                                          413,987

      - Aggregated Price                                           £41,398.7

 e)   Date of the transaction                                      17 April 2026

 f)   Place of the transaction                                     N/A

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name

                                                                    Stuart Paynter

 2    Reason for the notification

 a)   Position/status                                              Chief Financial 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                                    Grant of Long-Term Incentive Plan Awards

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     £0.10             231,833

 d)   Aggregated information

      - Aggregated volume                                          231,833

      - Aggregated Price                                           £23,183.3

 e)   Date of the transaction                                      17 April 2026

 f)   Place of the transaction                                     N/A

 

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

 Ceres Power Holdings plc

 Dominic Murray (Company Secretary)   Tel: +44 (0)7526 196529

About Ceres

Ceres is a leading developer of clean energy technology: fuel cells for power
generation and electrolysers to 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 (http://www.ceres.tech) or follow us on LinkedIn
(https://www.linkedin.com/company/ceres-power/) .

 

 

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