REG - Ceres Power Holdings - Holding(s) in Company

Ceres Power HoldingsAnnouncement

Mon 07:00

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RNS Number : 0862C  Ceres Power Holdings plc  06 October 2025

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BG5KQW09

Issuer Name

CERES POWER HOLDINGS PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights; An acquisition or disposal of
financial instruments

3. Details of person subject to the notification obligation

Name

Covalis Capital LLP

City of registered office (if applicable)

 

Country of registered office (if applicable)

GB

4. Details of the shareholder

 Name                                               City of registered office  Country of registered office
 Funds and accounts managed by Covalis Capital LLP

5. Date on which the threshold was crossed or reached

01-Oct-2025

6. Date on which Issuer notified

03-Oct-2025

7. Total positions of person(s) subject to the notification obligation

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  0.140000                                              9.560000                                                                   9.700000                        18806603
 Position of previous notification (if applicable)

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GB00BG5KQW09                                                                          273728                                                                           0.140000
 Sub Total 8.A                                273728                                                                                0.140000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights
 Contract for differences                                                   Cash                         18532875                 9.560000
 Sub Total 8.B2                                                                                          18532875                 9.560000%

9. Information in relation to the person subject to the notification
obligation

2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add additional
rows as necessary)

 Ultimate controlling person  Name of controlled undertaking    % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                            than the notifiable threshold
 Zilvinas Mecelis
 Zilvinas Mecelis             IGE Investments Limited
 Zilvinas Mecelis             Covalis Capital GP Limited
 Zilvinas Mecelis             Covalis Capital LP
 Zilvinas Mecelis             Covalis Capital (Cayman) Limited
 Zilvinas Mecelis             Covalis Capital (UK) Limited
 Zilvinas Mecelis             Covalis Capital LLP

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

Covalis Capital LLP expressly disclaims beneficial ownership of the shares
held by the funds and managed accounts.

12. Date of Completion

03-Oct-2025

13. Place Of Completion

United Kingdom

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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