Director/PDMR Shareholding

RNS Number : 5111C

Ceres Power Holdings plc

13 April 2017

 

13 April 2017

Ceres Power Holdings plc

("Ceres Power" or the "Company")

Dealing by Person Closely Associated with Person Discharging Managerial Responsibilities ("PDMR")

Ceres Power Holdings plc (AIM: CWR) announces that on the 10 April 2017, a person closely associated with James Falla, Chief Operating Officer, purchased 34,326 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 8.70p per share. This represents approximately 0.003 per cent of the issued ordinary share capital of the Company. As a result, the number of Ordinary Shares over which Mr Falla has a holding is 34,326.

 The notifications 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		Noraini Saad
2	Reason for the notification
a)	Position/status		Spouse of Chief Operating Officer
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 instrument Identification code		1p ordinary shares                                                             ISIN GB00B0351429
b)	Nature of the transaction		Share purchase
c)	Price(s) and volume(s)		Price(s) Volume(s) 8.70 pence 34,326
d)	Aggregated information		Price(s) Volume(s) 8.70 pence 34,326
e)	Date of the transaction		10 April 2017
f)	Place of the transaction		Outside a trading venue
For further information, please contact: Ceres Power Holdings plc Phil Caldwell, CEO Richard Preston, CFO Dan Caesar, Communications & Marketing Director			[phone]
Zeus Capital (Nominated Adviser and Broker) Phil Walker/Andrew Jones Hugh Kingsmill Moore			[phone]
Powerscourt Peter Ogden/Andy Jones			[phone]

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 CO2 emissions, increase efficiency and improve energy security. Ceres Power's unique patented SteelCell 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  

 

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