Ceres Power Holdings plc SAYE Share Option Scheme Admission Application (4119U)
January 18 2017 - 2:00AM
UK Regulatory
TIDMCWR
RNS Number : 4119U
Ceres Power Holdings plc
18 January 2017
18 January 2017
Ceres Power Holdings Plc
("Ceres Power" or the "Company")
SAYE Share Option Scheme Block Admission Application
Ceres Power Holdings PLC (AIM: CWR) announces that an
application has been made by the Company to the London Stock
Exchange Plc for a block admission of 1,902,603 Ordinary Shares of
1p each ("Ordinary Shares") which will be allotted from time to
time in accordance with the exercise of options under the Company's
SAYE Share Option Scheme.
It is expected that the Ordinary Shares will be admitted to
trading on AIM on 20 January 2017. The Ordinary Shares, when
issued, shall rank equally with the Company's existing issued
ordinary shares.
The Company's current issued share capital is 1,008,040,924 and
will not change as a result of the block admission. The Company
expects to publish its first 6 monthly Block Listing Interim Review
for the Company's SAYE Share Option Scheme on or around 20 July
2017.
For further information, please contact:
Ceres Power Holdings Tel: +44 (0)1403
plc 273 463
Dan Caesar, Communications
& Marketing Director
Zeus Capital (Nominated Tel: +44 (0) 20
Adviser and Broker) 3829 5000
Phil Walker/Andrew
Jones
Tavistock Tel: +44 (0) 20
Mike Bartlett/James 7920 3150
Collins
Notes to Editor:
About Ceres Power
Ceres Power (http://www.cerespower.com/) is a world leader in
low cost, next generation fuel cell technology for use in
distributed power products that reduce operating costs, lower CO2,
SOx and NOx emissions, increase efficiency and improve energy
security. The Ceres Power unique patented Steel Cell technology
generates power from widely available fuels at high efficiency and
is manufactured using standard processing equipment and
conventional materials such as steel, meaning that it can be mass
produced at an affordable price for domestic and business use.
Ceres Power offers its partners the opportunity to develop power
systems and products using its unique Steel Cell technology and
know-how, combined with the opportunity to supply the Steel Cell in
volume through its manufacturing partners.
This information is provided by RNS
The company news service from the London Stock Exchange
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