Last checked at 23 Dec 2016 09:59
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)
|
| ||||
d) | Aggregated information
|
| ||||
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: +44 (0)1403 273 463 |
Zeus Capital Limited (Nominated Adviser and Broker) Phil Walker/Andrew Jones |
Tel: +44 (0) 20 3829 5000 |
Tavistock Mike Bartlett/James Collins |
Tel: +44 (0) 20 7920 3150 |
|
|
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.