TIDMCWR

RNS Number : 4148Z

Ceres Power Holdings plc

14 December 2017

14 December 2017

This announcement contains inside information

Ceres Power Holdings plc

("Ceres Power" or the "Company")

Block Admission Application and Total Voting Rights

Block Admission Application

The Company has made an application to the London Stock Exchange Plc for a block admission of 15,970,728 Ordinary Shares. 14,000,000 of the block admission relates to Ordinary Shares which will be allotted from time to time in accordance with the exercise of options under the Company's EMI Option Scheme and 1,970,728 relates to Ordinary Shares which will be allotted in accordance with the exercise of options under the Company's SAYE Share Option Scheme.

It is expected that the block admission will become effective on 19 December 2017. The Ordinary Shares, when issued, shall rank equally with the Company's existing issued Ordinary Shares.

The Company's current issued share capital as set out above will not change as a result of the block admission. The Company expects to publish its next 6 monthly Block Listing Interim Review on or around 20 December 2017.

Total Voting Rights

Ceres Power Holdings plc (AIM: CWR) confirms that as at 13 December 2017, the Company had 1,015,769,929 ordinary shares of 1 pence each ("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 1,015,769,929.

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.

 
 
 Ceres Power Holdings                        Tel: +44 (0)1403 
  plc                                                 273 463 
  Dan Caesar 
 
   Zeus Capital (Nominated                    Tel: +44 (0) 20 
   Adviser and Broker)                              3829 5000 
   Giles Balleny /Andrew 
   Jones/Hugh Kingsmill 
   Moore 
 
  Berenberg (Joint Broker)                   Tel: +44 (0) 203 
  Ben Wright / Mark Whitmore                         207 7800 
  / Laure Fine 
 
   Powerscourt                                Tel: +44 (0) 20 
   Peter Ogden/Andy Jones                           7250 1446

Notes to Editors:

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

END

MSCEASALFAXXFFF

(END) Dow Jones Newswires

December 14, 2017 10:30 ET (15:30 GMT)

Ceres Power (LSE:CWR)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Ceres Power Charts.
Ceres Power (LSE:CWR)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Ceres Power Charts.