Ceres Power Holdings plc has announced that its CEO, Phil Caldwell, exercised share options under the company's 2004 Employees' Share Option Scheme and retained all of the shares. Caldwell acquired a total of 93,605 shares in the company, of which 81,746 shares were received in return for Employee Shareholder Status (ESS) shares in the company's subsidiary, Ceres Power Intermediate Holdings Limited. The remaining shares were acquired through the exercise of ESS-linked options. The share options were exercised at a price of 85.4 pence per share, and the share purchase price was 320.4 pence per share. After the transaction, Caldwell's shareholding in the company stands at 365,888 shares. The notification of the transaction was made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.