Last checked at 6 Nov 2012 14:00
6 November 2012
For immediate release
Not for release, publication or distribution, directly or indirectly, in whole or in part in, into, or from, any jurisdiction where to do the same would constitute a violation of the relevant laws of such jurisdiction.
Ceres Power Holdings plc
("Ceres", "Ceres Power" or "the Company")
The Company notes the recent movement in the share price. Following the announcement by the Company on 4th October 2012 regarding its funding position, the Company has continued to explore various strategic options and these discussions are on-going. In the event, the Company is not able to progress any proposals to a successful conclusion, it will as previously announced commence an orderly wind down of the business. The Company will update shareholders in due course.
Enquiries:
Ceres Power Holdings plc Tel. +44 (0)1403 273 463
David Pummell, Chief Executive Officer
Rex Vevers, Finance Director
Investec Bank plc Tel. +44 (0)20 7597 4000
Chris Sim/James Ireland
Kreab Gavin Anderson & Company Tel. +44 (0)20 7074 1800
Ken Cronin/Deborah Walter