Director/PDMR Shareholding

RNS Number : 7285S

Ceres Power Holdings plc

23 December 2016

 

23 December 2016

This announcement contains inside information

Ceres Power Holdings Plc

("Ceres Power" or "the Company")

DIRECTOR'S DEALINGS

Ceres Power Holdings plc (AIM: CWR) announces that it was notified on 22 December 2016 that on 22 December 2016, Mike Lloyd, Non-Executive Director, purchased 261,795 ordinary shares of 1p each in the Company ("Ordinary Shares").

As a result, Mr Lloyd holds 1,330,597 Ordinary Shares, representing 0.13 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.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mike 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	N/A
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	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.076 261,795
d)	Aggregated information	Price(s) Volume(s) £0.076 261,795
e)	Date of the transaction	22 December 2016
f)	Place of the transaction	London Stock Exchange, AIM

For further information please contact:

Ceres Power Holdings plc Phil Caldwell, CEO Richard Preston, CFO	Tel: [phone]
Zeus Capital Limited (Nominated Adviser and Broker) Phil Walker/Andrew Jones	Tel: [phone]
Tavistock Mike Bartlett/James Collins	Tel: [phone]

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. 

 

END

 

 

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