Last checked at 16 Dec 2016 16:18
16 December 2016
Ceres Power Holdings Plc
("Ceres Power" or the "Company")
Total Voting Rights and Block Admission Application
Total Voting Rights
Ceres Power Holdings plc (AIM: CWR) confirms that as at 15 December 2016, the Company had 1,008,040,924 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 1,008,040,924.
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.
Block Admission Application
The Company has also made an application to the London Stock Exchange Plc for a block admission of 15,895,333 Ordinary Shares. The block admission relates to Ordinary Shares which will be allotted from time to time in accordance with the exercise of options under the Company's EMI Option Scheme
It is expected that the Ordinary Shares will be admitted to trading on AIM on 20 December 2016. The Ordinary Shares, when issued, shall rank equally with the Company's existing issued Ordinary Shares.
The Company's current issued share capital as set out above will not change as a result of the block admission. The Company expects to publish its next 6 monthly Block Listing Interim Review on or around 20 December 2016.
For further information, please contact:
Ceres Power Holdings plc Phil Caldwell, CEO Richard Preston, CFO | Tel: +44 (0)1403 273 463 | |||
Zeus Capital (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 Editor:
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.