REG - Robert Bosch GmbH Ceres Power Holdings - SALE OF ORDINARY SHARES IN CERES POWER

Ceres Power HoldingsAnnouncement

Mon 17:00

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RNS Number : 0485Q  Robert Bosch GmbH  07 July 2025

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO
THE UNITED STATES, CANADA OR JAPAN.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, INTO OR IN ANY JURISDICTION IN WHICH OFFERS OR SALES WOULD BE
PROHIBITED BY APPLICABLE LAW. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM AN
OFFER FOR SALE OF, OR THE SOLICITATION OF AN OFFER TO BUY, THE SECURITIES
REFERRED TO HEREIN IN ANY JURISDICTION IN WHICH OFFERS OR SALES WOULD BE
PROHIBITED BY APPLICABLE LAW.

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018 (as amended).

 

7 July 2025

 

SALE OF ORDINARY SHARES IN CERES POWER HOLDINGS PLC ("CERES")

 

Robert Bosch GmbH ("Bosch GmbH"), together with its wholly owned subsidiary
Robert Bosch Investment Nederland B.V. ("Bosch Investment Nederland B.V.",
together with Bosch GmbH, the "Bosch Group"), today announces that it has
agreed to sell, subject to completion, 6,394,765 ordinary shares of £0.10
each in the share capital of Ceres (the "Ordinary Shares"), representing 3.3%
of Ceres' existing issued Ordinary Share capital, at a price of £0.94 per
Ordinary Share to a single institutional investor (the "Sale").

 

Completion of the Sale is expected to take place on 9 July 2025.

 

Bosch Group currently owns 33,790,880 Ordinary Shares, representing
approximately 17.4% of Ceres' existing issued ordinary share capital.
Following the Sale, the Bosch Group will own 27,396,115 Ordinary Shares
representing approximately 14.1% of Ceres' existing issued Ordinary Share
capital (the "Retained Shares").

 

The Retained Shares held by the Bosch Group following the Sale will be subject
to a lock-up which ends 60 days following completion of the Sale (subject to
waiver by Deutsche Bank Aktiengesellschaft (which is trading for these
purposes as 'Deutsche Numis') ("Deutsche Numis")).

 

Ceres will not receive any proceeds from the Sale.

 

Contacts / Enquiries

 

Robert Bosch GmbH

Joern
Ebberg
+49 711 811 26223

 

Deutsche Numis
 
 
                       020 7260 1000

Mark Hankinson

William Baunton

Philipp Leising

Derek Shakespeare

Michael Stocker

 

Important Notice:

'Deutsche Numis' is a trading name used by certain investment banking
businesses of Deutsche Bank AG and Numis Securities Limited in the United
Kingdom and Ireland. Numis Securities Limited is a member of the group of
companies controlled by Deutsche Bank AG. Deutsche Bank AG is a stock
corporation (Aktiengesellschaft) incorporated under the laws of the Federal
Republic of Germany with its principal office in Frankfurt am Main. It is
registered with the local district court (Amtsgericht) in Frankfurt am Main
under No HRB 30000 and licensed to carry on banking business and to provide
financial services. It is subject to supervision by the European Central Bank
(ECB), Sonnemannstrasse 22, 60314 Frankfurt am Main, Germany, and the German
Federal Financial Supervisory Authority (Bundesanstalt für
Finanzdienstleistungsaufsicht or BaFin), Graurheindorfer Strasse 108, 53117
Bonn and Marie-Curie-Strasse 24-28, 60439 Frankfurt am Main, Germany.

Deutsche Bank AG is acting exclusively for the Bosch Group and no one else in
connection with the Sale, the content of this Announcement and any other
matter described in this Announcement. Deutsche Bank AG will not regard any
other person as its client in relation to the Sale, the content of this
Announcement and other matters described in this Announcement and will not be
responsible to anyone other than the Bosch Group for providing the protections
offered to the clients of Deutsche Bank AG or for providing advice to any
other person in relation to the Sale, the content of this Announcement or any
other matters referred to in this Announcement. Any other person in receipt of
this Announcement should seek their own independent legal, investment and tax
advice as they see fit.

This announcement is not for publication or distribution in or into the United
States of America. This announcement is not an offer of securities for sale
into the United States.  The securities referred to herein have not been and
will not be registered under the U.S. Securities Act of 1933, as amended, and
may not be offered or sold in the United States, except pursuant to an
applicable exemption from registration.  No public offering of securities is
being made in the United States.

 

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