Notifications of Transactions

RNS Number : 9996U

Ceres Power Holdings plc

31 March 2023

 

31 March 2023

Ceres Power Holdings plc

("Ceres Power" or "the Company")

Notifications of transactions by Persons Discharging Managerial Responsibilities

(together ' PDMRs')

The Company was notified on 30 March 2023 that Phil Caldwell, Chief Executive Officer and a PDMR of the Company, exercised share options under the Ceres Power Holdings plc Long Term Incentive Plan and retained the shares. Details are set out below:

Name	Options exercised	Shares Sold	Exercise Price	Sale Price	Shareholding after transaction
Phil Caldwell	200,000	0	£3.463	N/A	267,673

The notification of dealing form can be found below.

This notification is made in accordance with the requirements of the UK Market Abuse Regulation.

Total Voting Rights

Ceres Power confirms that as at 31 March 2023, the Company had 192,535,338 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 192,535,338 .

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.

Notification of dealing form

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Phil Caldwell
2	Reason for the notification
a)	Position/Status	PDMR
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 transaction have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10 pence each ISIN: GB00BG5KQW09
b)	Nature of the transaction	Exercise of Share Options under the Ceres Power Holdings plc Long Term Incentive Plan
c)	Price(s) and volume (s)	Price(s)		Volume(s)
		£3.463		200,000
d)	Aggregated information -Aggregated volume -Price	Aggregate Price	Aggregate Volume		Aggregate Total
		£3.463	200,000		£692,600
e)	Date of the transaction	30 March 2023
f)	Place of the transaction	N/A

For further information visit www.ceres.tech or contact:

Ceres Power Holdings plc Marianne Millard (Deputy Company Secretary)	Tel: [phone]
Investec Bank PLC (NOMAD & Joint Broker) James Rudd / Patrick Robb/ Ben Griffiths	Tel: [phone]
Berenberg (Joint Broker) Ben Wright/ Mark Whitmore	Tel: [phone]
FTI Consulting (PR Adviser) Dwight Burden	Tel: [phone] Email: [e-mail]

About Ceres Power

Ceres is a world-leading developer of electrochemical technologies: fuel cells for power generation, electrolysis for the creation of green hydrogen and energy storage. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest engineering and technology companies, such as Weichai in China, Bosch in Germany, Miura in Japan, and Doosan in Korea, to develop systems and products that address climate change for power generation, transportation, industry, data centres and everyday living.  Ceres is listed on the AIM market of the London Stock Exchange ("LSE") (AIM: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy.

 

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