Ceres Power Holdings plc Director's Dealing and Total Voting Rights (9883X)
November 30 2017 - 5:47AM
UK Regulatory
TIDMCWR
RNS Number : 9883X
Ceres Power Holdings plc
30 November 2017
30 November 2017
This announcement contains inside information
Ceres Power Holdings plc
("Ceres Power" or the "Company")
Director's Dealing and Total Voting Rights
Ceres Power Holdings plc (AIM: CWR) announces that on 29
November 2017, Mike Lloyd, Non-Executive Director, exercised
options in relation to 920,000 ordinary shares of 1p each in the
Company ("Ordinary Shares") at a weighted average exercise price of
2.64p per share. Mr Lloyd retained all the Ordinary Shares acquired
and as a result has increased his shareholding to 2,250,597
Ordinary Shares, representing approximately 0.22 per cent of the
issued ordinary share capital of the Company. The notification
below, made in accordance with the requirements of the EU Market
Abuse Regulation, provides further detail.
Ceres Power Holdings plc (AIM: CWR) confirms that as at 29
November 2017, the Company had 1,014,849,929 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
1,014,849,929.
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.
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------------------------
a) Name Michael Lloyd
--- -------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status Non-Executive 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 2004 Employees
Share Option Scheme
--- -------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
1.00 pence 750,000
9.875 pence 170,000
--- -------------------------------------------------------- -------------------------------------------------------
d) Aggregated information Price(s) Volume(s)
1.00 pence 750,000
9.875 pence 170,000
--- -------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 29 November 2017
--- -------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction N/A
--- -------------------------------------------------------- -------------------------------------------------------
Ceres Power Holdings plc Tel: +44 (0)1403
Dan Caesar 273 463
Zeus Capital (Nominated Adviser and Tel: +44 (0) 20
Broker) 3829 5000
Giles Balleny /Andrew Jones/Hugh Kingsmill
Moore
Berenberg (Joint Broker) Tel: +44 (0) 203
Ben Wright / Mark Whitmore / Laure 207 7800
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
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