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Ceres Power Holdings (CWR)


Tuesday 24 December, 2013

Ceres Power Holdings

Grant of Share Options

RNS Number : 2853W
Ceres Power Holdings plc
24 December 2013


24 December 2013


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


Grant of Share Options under Sharesave Scheme


Ceres announces the grant of options on 23 December 2013 under the Ceres Power Sharesave Scheme (the "scheme").  The scheme is an 'all employee share scheme' which is available to all employees subject to qualifying conditions, which was approved by the HM Revenue & Customs and which was introduced to encourage wider employee share ownership of the Company. 

A total of 3,112,153 options to purchase ordinary shares of 1 pence have been granted.  These options will be exercisable between 1 February 2017 and 31 July 2017 at an exercise price of 6.28p per share.

Under the scheme, Phil Caldwell and Richard Preston, the Company's Executive Directors, have each been granted 143,312 options to purchase ordinary shares of 1 pence each in the Company.  


For further information contact:


Ceres Power Holdings plc

Phil Caldwell, Chief Executive

Richard Preston, Finance Director

Tel. +44 (0)1403 273463

Nplus1 Singer Advisory LLP

Andrew Craig/Ben Wright

Tel. +44 (0) 20 7496 3000

Tavistock Communications

Mike Bartlett / James Collins

Tel. +44 (0) 20 7920 3150


This information is provided by RNS
The company news service from the London Stock Exchange

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