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, type of instrument Identification code |
Ordinary Shares of 10 pence each 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 -Aggregated volume -Price |
Aggregate Price |
Aggregate Volume |
Aggregate Total |
|
£3.463 |
200,000 |
£692,600 |
|||
e) |
Date of the transaction |
30 March 2023 |
|||
f) |
Place of the transaction |
N/A |
|||
For further information visit www.ceres.tech or contact:
|
Ceres Power Holdings plc Marianne Millard (Deputy Company Secretary) |
Tel: +44 (0)7752 470802 |
|
Investec Bank PLC (NOMAD & Joint Broker) James Rudd / Patrick Robb/ Ben Griffiths |
Tel: +44 (0)207 597 5970 |
|
Berenberg (Joint Broker) Ben Wright/ Mark Whitmore |
Tel: +44 (0)203 207 7800 |
|
FTI Consulting (PR Adviser) Dwight Burden |
Tel: +44 (0)203 727 1000 Email:[email protected] |
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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