Ceres Power Holdings plc Directorate Change (7549V)
October 30 2014 - 11:24AM
UK Regulatory
TIDMCWR
RNS Number : 7549V
Ceres Power Holdings plc
30 October 2014
30 October 2014
Ceres Power Holdings Plc
("Ceres Power" or the "Company")
Directorate Change
Ceres Power Holdings plc, a world leading developer of low cost,
next generation fuel cell technology, is pleased to announce the
appointment of Dr Mark Selby to the Board of the Company as Chief
Technology Officer with immediate effect.
Dr Selby joined Ceres Power in 2006 and was appointed as
Director of Technology in 2013. He is responsible for leading all
aspects of the development and delivery of the Steel Cell
technology. Prior to joining Ceres Power, he held several senior
roles at Ricardo UK Limited. Dr Selby has degrees in Electronics,
Dynamics and Control Systems awarded by the University of
Leeds.
Phil Caldwell, Chief Executive of Ceres Power, said:
"I am delighted that Mark is joining the Board, this is a
reflection of his significant contribution to the excellent
technical and commercial progress which the Company has made in the
last year."
Further information:
In accordance with Schedule Two (g) and Rule 17 of the AIM Rules
for Companies, the following information in relation to the
appointment of Dr Selby is disclosed:
Mark Albert Selby, aged 37, is or has been a director of the
following companies during the previous five years:
Current:
Ceres Power Limited
Ceres Intellectual Property Company Limited
Past five years:
Nil
Dr Selby is interested in 25,325 ordinary shares of the Company
representing approximately 0.003% of the Company's issued share
capital. In addition, Dr Selby holds a total of 3,603,312 shares
under option as follows:
Shares under option Exercise price
1,600,000 1p
360,000 8.54p
1,500,000 8.5p
143,312 (Sharesave options) 6.28p
Other than the information provided above, there is no further
information to be disclosed under Schedule Two (g) and Rule 17 of
the AIM Rules for Companies.
Enquiries:
Ceres Power Holdings plc Tel. +44 (0)1403 273 463
Phil Caldwell, CEO
Richard Preston, CFO
N+1 Singer (Nominated Adviser and Broker) Tel: +44 (0) 20 7496 3000
Andrew Craig / Ben Wright / Alex Wright
Tavistock Communications 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
CO(2) emissions, increase efficiency and improve energy security.
The Ceres unique patented Steel Cell 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
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
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