REG - Ceres Power Holdings - Grant of Share Options under the Sharesave Scheme
16/06/2025 14:00
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RNS Number : 0316N Ceres Power Holdings plc 16 June 2025
CWR.L
16 June 2025
Ceres Power Holdings plc
("Ceres Power" or "the Company")
Grant of Share Options under the Sharesave Scheme
Horsham, UK: Ceres Power Holdings plc (CWR.L), a leading developer of clean
energy technology, confirms the grant of options on 13 June 2025 under the
Ceres Power Holdings plc 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 2,994,376 ordinary shares of 10 pence of the
Company ("Ordinary Shares") have been granted. These options will be
exercisable between 1 July 2028 and 31 December 2028 at an exercise price
of 71.15p per share.
The following grants were made to Persons Discharging Managerial
Responsibilities ("PDMRs"):
Name Position Options Granted
Phil Caldwell Chief Executive Officer 12,930
Nick Lawrence Chief Product Officer 25,860
Michelle Traynor Chief People Officer 25,860
The notification of dealing forms can be found below.
This notification is made in accordance with the requirements 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 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 transaction have been conducted
a) Description of the financial instrument, Sharesave options over Ordinary Shares of 10 pence each
type of instrument Identification code ISIN: GB00BG5KQW09
b) Nature of the transaction Grant of share options under the Ceres Power Holdings plc Sharesave Scheme
c) Price(s) and volume (s) Price(s) Volume(s)
71.15p 12,930
d) Aggregated information Aggregate Price Aggregate Volume Aggregate Total
-Aggregated volume
-Price
71.15p 12,930 £
9
,
1
9
9
.
7
0
e) Date of the transaction 13 June 2025
f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/ person closely
associated
a) Name Nick Lawrence
2 Reason for the notification
a) Position/Status 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 transaction have been conducted
a) Description of the financial instrument, Sharesave options over Ordinary Shares of 10 pence each
type of instrument Identification code ISIN: GB00BG5KQW09
b) Nature of the transaction Grant of share options under the Ceres Power Holdings plc Sharesave Scheme
c) Price(s) and volume (s) Price(s) Volume(s)
71.15p 25,860
d) Aggregated information Aggregate Price Aggregate Volume Aggregate Total
-Aggregated volume
-Price
71.15p 25,860 £
1
8
,
3
9
9
.
3
9
e) Date of the transaction 13 June 2025
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 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 transaction have been conducted
a) Description of the financial instrument, Sharesave options over Ordinary Shares of 10 pence each
type of instrument Identification code ISIN: GB00BG5KQW09
b) Nature of the transaction Grant of share options under the Ceres Power Holdings plc Sharesave Scheme
c) Price(s) and volume (s) Price(s) Volume(s)
71.15p 25,860
d) Aggregated information Aggregate Price Aggregate Volume Aggregate Total
-Aggregated volume
-Price
71.15p 25,860 £
1
8
,
3
9
9
.
3
9
e) Date of the transaction 13 June 2025
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
MHP Group (PR Adviser) Tel: +44 (0)7827662831
James McFarlane/Matthew Taylor/Hugo Harris Email: ceres@mhpgroup.com (mailto:Ceres_power@fticonsulting.com)
About Ceres
Ceres is a leading developer of clean energy technology: fuel cells for power
generation and electrolysers for the production of 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 and produces green hydrogen at high
efficiencies as a route to decarbonise emissions-intensive industries such as
steelmaking, ammonia and future fuels. 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
(https://protect.checkpoint.com/v2/___http:/www.ceres.tech/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpkYzQ4ZmYyZjNmN2MzMDE2YzhhN2M1NWU3OThjOTgyMjo2OjgxM2Y6NmNjNDg1NDRkOWVkZDNlM2QzZGJjNWQ0MGQwNGIxZjFkOWUxNzgxMDg2MWUwOWQxYzE2MWE5ODdlODQ0YWM0MDpwOkY6Tg)
or follow us on LinkedIn
(https://protect.checkpoint.com/v2/___https:/www.linkedin.com/company/ceres-power/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpkYzQ4ZmYyZjNmN2MzMDE2YzhhN2M1NWU3OThjOTgyMjo2OjdlNDM6ZjQzNDA4ZGI0ZWY2MWUwN2U3ZDE5Mjg0ODlmOThkMzQ5MjMwODI4Mzg5MWYzZDY5NDNkZTcxNGNiOWVlNzdmMDpwOkY6Tg)
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