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Pin to quick picksCeres Power Regulatory News (CWR)

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Timing of China JV agreements delayed

17 Nov 2022 07:00

RNS Number : 6947G
Ceres Power Holdings plc
17 November 2022
 

Timing 17 November 2022

 

Ceres Power Holdings plc

 

TIMING OF CHINA JV AGREEMENTS DELAYED UNTIL 2023

 

Horsham, UK: The Directors of Ceres Power Holdings plc ("Ceres", the "Company") (AIM: CWR.L), were informed last night that the negotiations will not conclude this year and approvals for the joint venture (JV) agreements with Robert Bosch GmbH and Weichai Power have been postponed until 2023.

All parties remain committed to the deal, the structure of which has been agreed. There are several commercial items remaining which require more time to be finalised between the partners. Ceres will update the market further on progress as appropriate.

Accordingly, this will delay Ceres' intention to seek a Premium Listing on the Main Market of the London Stock Exchange.

 

Ends

 

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

 

Investec Bank PLC (NOMAD & Joint Broker)

James Rudd /Patrick Robb /Ben Griffiths

 

Tel: +44 (0)207 597 5970

 

Berenberg (Joint Broker)

Ben Wright / Mark Whitmore

 

 

Tel: +44 (0)203 207 7800

 

FTI Consulting (Financial PR)

Dwight Burden

 

 

Tel: +44 (0)203 727 1000

Email: ceres_power@fticonsulting.com

 

 

Ceres Power Holdings plc

Elizabeth Skerritt

 

Tel: +44(0)1403 273 463

 

About Ceres

 

Ceres is a leading developer of clean energy technology; fuel cells for power generation and electrolysers for green hydrogen. Its licensing model has seen it establish partnerships with some of the world's most progressive companies, such as Bosch, Doosan, Shell and Weichai to develop clean energy systems and products at the scale and pace needed to address climate change for power generation, transportation, industry, 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. 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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Date   Source Headline
23rd Mar 20075:05 pmRNSHolding(s) in Company
7th Mar 20074:11 pmRNSHolding(s) in Company
6th Mar 20071:37 pmRNSNotice of Results
5th Mar 20071:23 pmRNSNew Director Appointment
13th Feb 20078:29 amRNSHolding(s) in Company
31st Jan 20077:01 amRNSTotal Voting Rights
24th Jan 200712:03 pmRNSHolding(s) in Company
16th Jan 20078:39 amRNSHolding(s) in Company
15th Jan 200711:53 amRNSDirector/PDMR Shareholding
28th Dec 20065:18 pmRNSDirector/PDMR Shareholding
22nd Dec 20069:58 amRNSBlocklisting Interim Review
22nd Dec 20068:00 amRNSTotal Voting Rights
11th Dec 20067:00 amRNSHolding(s) in Company
5th Dec 20065:08 pmRNSDirector/PDMR Shareholding
1st Dec 20067:01 amRNSTrading Statement
24th Nov 20063:46 pmRNSResult of Meeting
24th Oct 20064:18 pmRNSAnnual Report and Accounts
13th Oct 200610:20 amRNSHolding(s) in Company
11th Oct 200610:34 amRNSHolding(s) in Company
10th Oct 20062:47 pmRNSHolding(s) in Company
2nd Oct 20063:02 pmRNSHolding(s) in Company
27th Sep 20069:09 amRNSDirector/PDMR Shareholding
26th Sep 200610:17 amRNSShare Purchase
25th Sep 20067:13 amRNSNew Product Facility
25th Sep 20067:02 amRNSFinal Results
18th Sep 20064:07 pmRNSBlocklisting Interim Review
7th Sep 20067:02 amRNSManufacturing scale-up award
4th Sep 20068:00 amRNSNotice of Results
1st Sep 20067:00 amRNSDirectorate Change
10th Aug 20067:00 amRNSChange of Adviser
4th Aug 200612:23 pmRNSHolding(s) in Company
14th Jul 20067:00 amRNSIndustry Partnership
3rd Jul 20067:00 amRNSContract with BOC
22nd Jun 20067:00 amRNSBlocklisting Interim Review
25th May 20067:01 amRNSCentrica CHP programme update
4th May 20063:10 pmRNSHolding(s) in Company
13th Apr 20064:01 pmRNSDirector/PDMR Shareholding
6th Apr 20064:15 pmRNSHolding(s) in Company
5th Apr 20062:35 pmRNSHolding(s) in Company
28th Mar 20068:48 amRNSGrant of Options
22nd Mar 20063:40 pmRNSHolding(s) in Company
20th Mar 20067:02 amRNSCentrica CHP programme
20th Mar 20067:01 amRNSInterim Results
17th Mar 20069:30 amRNSBlocklisting Interim Review
13th Mar 20067:01 amRNSKey Technical Milestone
10th Mar 20063:41 pmRNSNotice of Results
6th Mar 20064:45 pmRNSHolding(s) in Company
21st Feb 200610:26 amRNSHolding(s) in Company
15th Feb 20065:34 pmRNSHolding(s) in Company
27th Jan 20062:59 pmRNSHolding(s) in Company

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