REG - Ceres Power Holdings - Grant of Share Options and Total Voting Rights
27/04/2022 07:16
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RNS Number : 4267J Ceres Power Holdings plc 27 April 2022
27 April 2022
Ceres Power Holdings plc (AIM: CWR)
("Ceres Power" or the "Company")
Grant of Share Options under the Sharesave scheme
Ceres Power Holdings plc (the "Company"), a global leader in fuel cell and
electrochemical technology, announces the grant of options on 26 April 2022
under the Ceres Power Sharesave Scheme (the "Scheme"). The Scheme is an 'all
employee share scheme' which is available annually to all employees subject to
qualifying conditions, which was approved by the HM Revenue & Customs, and
which was introduced to encourage wider employee share ownership of the
Company.
Options to purchase a total of 393,530 ordinary shares of 10 pence of the
Company ("Ordinary Shares") have been granted. These options will be
exercisable between 1 June 2025 and 30 November 2025 at an exercise price of
596p per share.
Included in the above is the grant of options to the following Persons
Discharging Managerial Responsibilities ("PDMRs"):
Philip Caldwell (Chief Executive Officer) 1,510
Geraint Castleton-White (Chief Programmes Officer) 3,020
Deborah Grimason (General Counsel and Company Secretary) 3,020
Caroline Hargrove (Chief Technology Officer) 3,020
Eric Lakin (Chief Financial Officer) 3,020
Michelle Traynor (People Director) 1,208
Total Voting Rights
As at 26 April 2022, the Company's issued share
comprised 190,890,745 Ordinary Shares, with one voting right per share. The
Company does not hold any Ordinary Shares in treasury. The total number of
Ordinary Shares and voting rights in the Company is therefore 190,890,745.
This figure may be used by shareholders in the Company as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the share capital of the
Company.
The notification below, made in accordance with the requirements of the EU
Market Abuse Regulation, provides further detail of the options granted.
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 Sharesave options over 10p ordinary shares
Identification code
ISIN GB00BG5KQW09
b) Nature of the transaction Grant of Share Options under the Ceres Power Sharesave Scheme
c) Price(s) and volume(s) Exercise Price(s) Volume(s) Sales Price(s)
596 pence 1,510 n/a
d) Aggregated information Exercise Price(s) Volume(s) Sales Price(s)
596 pence 1,510 n/a
e) Date of the transaction 26 April 2022
f) Place of the transaction N/A
d)
Aggregated information
Exercise Price(s) Volume(s) Sales Price(s)
596 pence 1,510 n/a
e)
Date of the transaction
26 April 2022
f)
Place of the transaction
N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Geraint Castleton-White
2 Reason for the notification
a) Position/status Chief Programme Officer, 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(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 Sharesave options over 10p ordinary shares
Identification code
ISIN GB00BG5KQW09
b) Nature of the transaction Grant of Share Options under the Ceres Power Sharesave Scheme
c) Price(s) and volume(s) Exercise Price(s) Volume(s) Sales Price(s)
596 pence 3,020 n/a
d) Aggregated information Exercise Price(s) Volume(s) Sales Price(s)
596 pence 3,020 n/a
e) Date of the transaction 26 April 2022
f) Place of the transaction N/A
d)
Aggregated information
Exercise Price(s) Volume(s) Sales Price(s)
596 pence 3,020 n/a
e)
Date of the transaction
26 April 2022
f)
Place of the transaction
N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Deborah Grimason
2 Reason for the notification
a) Position/status General Counsel and Company Secretary, 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(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 Sharesave options over 10p ordinary shares
Identification code
ISIN GB00BG5KQW09
b) Nature of the transaction Grant of Share Options under the Ceres Power Sharesave Scheme
c) Price(s) and volume(s) Exercise Price(s) Volume(s) Sales Price(s)
596 pence 3,020 n/a
d) Aggregated information Exercise Price(s) Volume(s) Sales Price(s)
596 pence 3,020 n/a
e) Date of the transaction 26 April 2022
f) Place of the transaction N/A
d)
Aggregated information
Exercise Price(s) Volume(s) Sales Price(s)
596 pence 3,020 n/a
e)
Date of the transaction
26 April 2022
f)
Place of the transaction
N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Caroline Hargrove
2 Reason for the notification
a) Position/status Chief Technology Officer, 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(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 Sharesave options over 10p ordinary shares
Identification code
ISIN GB00BG5KQW09
b) Nature of the transaction Grant of Share Options under the Ceres Power Sharesave Scheme
c) Price(s) and volume(s) Exercise Price(s) Volume(s) Sales Price(s)
596 pence 3,020 n/a
d) Aggregated information Exercise Price(s) Volume(s) Sales Price(s)
596 pence 3,020 n/a
e) Date of the transaction 26 April 2022
f) Place of the transaction N/A
d)
Aggregated information
Exercise Price(s) Volume(s) Sales Price(s)
596 pence 3,020 n/a
e)
Date of the transaction
26 April 2022
f)
Place of the transaction
N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Eric Lakin
2 Reason for the notification
a) Position/status Chief Financial 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 Sharesave options over 10p ordinary shares
Identification code
ISIN GB00BG5KQW09
b) Nature of the transaction Grant of Share Options under the Ceres Power Sharesave Scheme
c) Price(s) and volume(s) Exercise Price(s) Volume(s) Sales Price(s)
596 pence 3,020 n/a
d) Aggregated information Exercise Price(s) Volume(s) Sales Price(s)
596 pence 3,020 n/a
e) Date of the transaction 26 April 2022
f) Place of the transaction N/A
d)
Aggregated information
Exercise Price(s) Volume(s) Sales Price(s)
596 pence 3,020 n/a
e)
Date of the transaction
26 April 2022
f)
Place of the transaction
N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Michelle Traynor
2 Reason for the notification
a) Position/status People Director, 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(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 Sharesave options over 10p ordinary shares
Identification code
ISIN GB00BG5KQW09
b) Nature of the transaction Grant of Share Options under the Ceres Power Sharesave Scheme
c) Price(s) and volume(s) Exercise Price(s) Volume(s) Sales Price(s)
596 pence 1,208 n/a
d) Aggregated information Exercise Price(s) Volume(s) Sales Price(s)
596 pence 1,208 n/a
e) Date of the transaction 26 April 2022
f) Place of the transaction N/A
d)
Aggregated information
Exercise Price(s) Volume(s) Sales Price(s)
596 pence 1,208 n/a
e)
Date of the transaction
26 April 2022
f)
Place of the transaction
N/A
Ends
For further information visit www.ceres.tech (http://www.ceres.tech) or
contact:
Ceres Power Holdings plc
Elizabeth Skerritt Tel: +44 (0)7932 023283
Investec Bank PLC (NOMAD & Joint Broker)
Jeremy Ellis / Patrick Robb / Ben Griffiths Tel: +44 (0)207 597 5970
Berenberg (Joint Broker)
Ben Wright / Mark Whitmore Tel: +44 (0)203 207 7800
FTI Consulting (Financial PR) 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 Weichai in China, Bosch in Germany, Miura in Japan, and
Doosan in Korea, to develop systems and products that address climate change
for power generation, transportation, industry, data centres and everyday
living. Ceres is listed on the AIM market of the London Stock Exchange
("LSE") (AIM: 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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