Ceres Power Holdings plc Director/PDMR Shareholding (3516U)
July 11 2018 - 10:10AM
UK Regulatory
TIDMCWR
RNS Number : 3516U
Ceres Power Holdings plc
11 July 2018
11 July 2018
Ceres Power Holdings plc
("Ceres Power" or the "Company")
Directors' Dealings
Ceres Power Holdings plc (AIM: CWR) announces that on the 10
July 2017, Richard Preston, Chief Financial Officer, and Mark
Selby, Chief Technology Officer, each exercised share options under
the Ceres Power Sharesave Scheme, and retained the shares.
The share options exercised by each person related to 165,441
ordinary shares of 1p each in the Company ("Ordinary Shares") at an
exercise price of 5.44p per share, increasing their shareholdings
to 388,086 and 190,766 Ordinary Shares respectively. Their overall
shareholdings now represent approximately 0.04 per cent and 0.02
per cent respectively of the issued ordinary share capital of the
Company. As a result, Mr Preston now holds options over 6,665,238
Ordinary Shares and Mr Selby 5,383,333 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 Richard Preston
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status Chief Financial 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 213800N7AAHSXQUOA733
-------------------------------------------------------- -------------------------------------------------------
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 financial instrument, type of 1p ordinary shares
instrument ISIN GB00B0351429
Identification code
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Exercise of Share Options under the Sharesave Scheme
and purchase of shares
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
5.44 pence 165,441
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information Price(s) Volume(s)
5.44 pence 165,441
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 10 July 2018
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction N/A
-------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Mark Selby
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status Chief Technology 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 213800N7AAHSXQUOA733
-------------------------------------------------------- -------------------------------------------------------
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 financial instrument, type of 1p ordinary shares
instrument ISIN GB00B0351429
Identification code
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Exercise of Share Options under the Sharesave Scheme
and purchase of shares
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
5.44 pence 165,441
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information Price(s) Volume(s)
5.44 pence 165,441
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 10 July 2018
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction N/A
-------------------------------------------------------- -------------------------------------------------------
Total Voting Rights
Following the exercise of employee options over 5,181,464
Ordinary Shares, Ceres Power confirms that as at 11 July 2018, the
Company had 1,022,310,657 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
1,022,310,657.
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.
- Ends -
The information contained within this announcement is deemed by
the Company to constitute inside information stipulated under the
Market Abuse Regulation (EU) No. 596/2014. Upon the publication of
this announcement via the Regulatory Information Service, this
inside information is now considered to be in the public
domain.
For further information, please contact:
Ceres Power Holdings plc Tel: +44 (0)1403 273
Dan Caesar 463
Zeus Capital (Nominated Adviser Tel: +44 (0) 20 3829
and Broker) 5000
Giles Balleny / Andrew Jones /
Dom King
Berenberg (Joint Broker) Tel: +44 (0) 203 207
Ben Wright / Mark Whitmore / Laure 7800
Fine
Powerscourt Tel: +44 (0) 20 7250
Peter Ogden/Andy Jones 1446
Notes to Editor:
About Ceres Power
Ceres Power 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 SteelCell(R) 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 offer its partners the
opportunity to develop power systems and products using its unique
SteelCell(R) technology and know-how, combined with the opportunity
to supply the SteelCell(R) in volume through its manufacturing
partners. For further information please visit:
http://www.cerespower.com/
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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