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Last checked at 
30 Nov 2017 10:47
30 November 2017
This announcement contains inside information
Ceres Power Holdings plc
("Ceres Power" or the "Company")
Director's Dealing and Total Voting Rights
Ceres Power Holdings plc (AIM: CWR) announces that on 29 November 2017, Mike Lloyd, Non-Executive Director, exercised options in relation to 920,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a weighted average exercise price of 2.64p per share. Mr Lloyd retained all the Ordinary Shares acquired and as a result has increased his shareholding to 2,250,597 Ordinary Shares, representing approximately 0.22 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.
Ceres Power Holdings plc (AIM: CWR) confirms that as at 29 November 2017, the Company had 1,014,849,929 ordinary shares of 1 pence each ("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 1,014,849,929.
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.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Michael 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 | 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 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 | Exercise of Share Options under the 2004 Employees Share Option Scheme | ||||||
c) | Price(s) and volume(s)
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d) | Aggregated information
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e) | Date of the transaction
| 29 November 2017
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f) | Place of the transaction | N/A | ||||||
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Ceres Power Holdings plc Dan Caesar |
| Tel: +44 (0)1403 273 463 | ||
Zeus Capital (Nominated Adviser and Broker) Giles Balleny /Andrew Jones/Hugh Kingsmill Moore |
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Tel: +44 (0) 20 3829 5000 | ||
Berenberg (Joint Broker) Ben Wright / Mark Whitmore / Laure Fine |
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Tel: +44 (0) 203 207 7800 | ||
Powerscourt Peter Ogden/Andy Jones |
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Tel: +44 (0) 20 7250 1446 | ||
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.
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