Ceres Power Holdings plc Director/PDMR Shareholding (6301T)
January 09 2017 - 2:00AM
UK Regulatory
TIDMCWR
RNS Number : 6301T
Ceres Power Holdings plc
09 January 2017
9 January 2017
This information includes inside information.
Ceres Power Holdings plc
("Ceres Power" or the "Company")
Grant of Share Options under the Sharesave Scheme
Ceres Power Holdings plc (AIM: CWR) announces the grant of
options on 6 January 2017 under the Ceres Power Sharesave Scheme
(the "Scheme"). The Scheme is an 'all employee share scheme' which
is available to all employees subject to qualifying conditions,
which was approved by the HM Revenue & Customs, and which was
introduced to encourage wider employee share ownership of the
Company.
Options to purchase a total of 2,271,803 ordinary shares of 1
pence of the Company ("Ordinary Shares") have been granted. These
options will be exercisable between 1 February 2020 and 31 July
2020 at an exercise price of 6.6p per share.
Included in the above is a grant to Phil Caldwell, the Company's
Chief Executive Officer, who has been granted an option to purchase
136,363 Ordinary Shares. Following this grant, Phil Caldwell now
holds options over 22,995,008 Ordinary Shares.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------
a) Name Philip Caldwell
--- -------------------------------------------- -------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer, Director
--- -------------------------------------------- -------------------------------------------------
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 N/A
--- -------------------------------------------- -------------------------------------------------
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 transactions have been
conducted
--- -----------------------------------------------------------------------------------------------
a) Description of the Sharesave options over 1p ordinary
financial instrument, shares
type of instrument ISIN GB00B0351429
Identification code
--- -------------------------------------------- -------------------------------------------------
b) Nature of the transaction Grant of Share Options under the
Sharesave Scheme
--- -------------------------------------------- -------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
6.6 pence 136,363
----------- ----------
--- -------------------------------------------- -------------------------------------------------
d) Aggregated information Price(s) Volume(s)
----------- ----------
6.6 pence 136,363
----------- ----------
--- -------------------------------------------- -------------------------------------------------
e) Date of the transaction 6 January 2017
--- -------------------------------------------- -------------------------------------------------
f) Place of the transaction N/A
--- -------------------------------------------- -------------------------------------------------
For further information, please contact:
Ceres Power Holdings plc Tel: +44 (0)1403 273 463
Dan Caesar, Communications & Marketing Director
Zeus Capital (Nominated Adviser and Broker) Tel: +44 (0) 20 3829 5000
Phil Walker/Andrew Jones
Tavistock Tel: +44 (0) 20 7920 3150
Mike Bartlett/James Collins
Notes to Editors:
About Ceres Power
Ceres Power (http://www.cerespower.com/) is a world leading
developer of low cost, next generation fuel cell technology for use
in decentralised energy products that reduce operating costs, lower
CO2 emissions, increase efficiency and improve energy security.
Ceres Power's unique patented SteelCell technology operates on
mains natural gas and is manufactured using standard manufacturing
processes and conventional materials such as steel, meaning that it
can be mass produced at an affordable price for domestic and
business use.
www.cerespower.com
www.cerespower.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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