Grant of Share Options

RNS Number : 2857S

Ceres Power Holdings plc

05 November 2013

 



5 November 2013

Ceres Power Holdings plc ("Ceres" or the "Company")

Grant of Share Options

The Company announces that on 5 November 2013 Mr Phil Caldwell, Chief Executive Officer and Executive Director of the Company, was granted share options over the Company's ordinary shares of 1 pence each ("Ordinary Shares").  He was granted options to subscribe for 12,000,000 Ordinary Shares at an exercise price of 8.54 pence per share. These share options may be exercised from between the 1^st September 2014 and the sixth anniversary of the date of their grant to the tenth anniversary of the date of their grant.

For further information contact:

Ceres Power Holdings plc           Tel. [phone]

Phil Caldwell, Chief Executive    

Richard Preston, Finance Director          

Nplus1 Singer Advisory LLP        Tel. [phone]

Andrew Craig/Ben Wright

Tavistock Communications

Mike Bartlett / James Collins      Tel.  [phone]

 

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