REG - Ceres Power Holdings - Notifications of Transactions

Ceres Power HoldingsAnnouncement

31/03/2023 14:45

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RNS Number : 9996U  Ceres Power Holdings plc  31 March 2023

31 March 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 30 March 2023 that Phil Caldwell, Chief Executive
Officer and a PDMR of the Company, exercised share options under the Ceres
Power Holdings plc Long Term Incentive Plan and retained the shares. Details
are set out below:

 Name           Options exercised  Shares Sold  Exercise Price  Sale Price  Shareholding after transaction
 Phil Caldwell  200,000            0            £3.463          N/A         267,673

The notification of dealing form can be found below.

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

 

 

Total Voting Rights

 

Ceres Power confirms that as at 31 March 2023, the Company had 192,535,338
Ordinary Shares in issue, with one voting right each.

The Company does not hold any shares in treasury.  The number of Ordinary
Shares with voting rights is therefore 192,535,338.

Accordingly, these figures may be used by shareholders as a denominator for
the calculations by which they will determine if they are required to notify
their interest in, or change to their interest in, the Company, under the
Disclosure and Transparency Rules.

 

 

Notification of dealing form

 

 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,  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 Long Term
                                               Incentive Plan
 c)  Price(s) and volume (s)                   Price(s)                                Volume(s)
                                               £3.463                                  200,000
 d)  Aggregated information                    Aggregate Price     Aggregate Volume                        Aggregate Total

     -Aggregated volume

     -Price
     £3.463                                                                            200,000                                 £
                                                                                                                               6
                                                                                                                               9
                                                                                                                               2
                                                                                                                               ,
                                                                                                                               6
                                                                                                                               0
                                                                                                                               0
 e)  Date of the transaction                   30 March 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)7752 470802

 Marianne Millard (Deputy Company Secretary)

 Investec Bank PLC (NOMAD & Joint Broker)      Tel: +44 (0)207 597 5970

 James Rudd / Patrick Robb/ Ben Griffiths

 Berenberg (Joint Broker)                      Tel: +44 (0)203 207 7800

 Ben Wright/ Mark Whitmore

 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 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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