REG - Ceres Power Holdings - Notifications of transactions by PDMRs

Ceres Power HoldingsAnnouncement

13/07/2023 09:15

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RNS Number : 9276F  Ceres Power Holdings plc  13 July 2023

13 July 2023

Ceres Power Holdings plc

("Ceres Power" or "the Company")

 

Notifications of transactions by Persons Discharging Managerial
Responsibilities

(together 'PDMRs')

 

The Company was notified on 12 July 2023 that Michelle Traynor, People
Director and a PDMR of the Company, exercised share options under the Ceres
Power Holdings plc Sharesave Scheme and retained the shares. Details are set
out below:

 

 Name              Options exercised  Exercise price  Shareholding after transaction
 Michelle Traynor  1,844              195.20p         1,844

 

The notification of dealing form can be found below.

This notification is made in accordance with the requirements of Article 19 of
the UK Market Abuse Regulation.

 

Notification of dealing form

 

 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 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,  Ordinary Shares of 10 pence each

     type of instrument Identification code    ISIN: GB00BG5KQW09
 b)  Nature of the transaction                 Exercise of Share Options under the Ceres Power Holdings plc Sharesave Scheme
 c)  Price(s) and volume (s)                   Price(s)                                    Volume(s)
                                               £1.952                                      1,844
 d)  Aggregated information                    Aggregate Price       Aggregate Volume                            Aggregate Total

     -Aggregated volume

     -Price
     £1.952                                                                                1,844                                       £
                                                                                                                                       3
                                                                                                                                       ,
                                                                                                                                       5
                                                                                                                                       9
                                                                                                                                       9
                                                                                                                                       .
                                                                                                                                       4
                                                                                                                                       9
 e)  Date of the transaction                   12 July 2023
 f)  Place of the transaction                  N/A

 

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

 Ceres Power Holdings plc     Tel: +44(0)7932 023 283

 Elizabeth Skerritt

 FTI Consulting (PR Adviser)  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 Bosch, Doosan, Shell and Weichai, to develop systems and
products that address climate change for power generation, transportation,
industry, data centres and everyday living.  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.

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