Ceres Power Holdings plc has announced the grant of options on 10 May 2024 under the Ceres Power Holdings plc Sharesave Scheme. The Scheme is an 'all employee share scheme' available annually to all employees subject to qualifying conditions, approved by HM Revenue & Customs, and introduced to encourage wider employee share ownership of the Company. Options to purchase a total of 3,283,936 ordinary shares of 10 pence of the Company have been granted, exercisable between 1 June 2027 and 30 November 2027 at an exercise price of 106.56p per share.
The grant includes options for Persons Discharging Managerial Responsibilities (PDMRs) such as Caroline Hargrove, Chief Technology Officer; Eric Lakin, Chief Financial Officer; and Michelle Traynor, Chief People Officer. Each PDMR was granted 17,408 options. The notification of dealing forms can be found on the company's website.
The notification is made in accordance with the requirements of the UK Market Abuse Regulation. For further information, interested parties can visit the company's website or contact Ceres Power Holdings plc directly.