16:00 Tue 11 Aug 2020
Ceres Power Holdings - Director’s Dealing
Director's Dealing
The Company remuneration policy on PDMR shareholding is that the CEO should hold a minimum of 150% of salary in shares and exercisable share options, and all other Directors and PDMRs a minimum of 100% of salary. This policy helps to ensure that the interests of the investors remain aligned with those of Directors and management. Following the above transaction, each PDMR retains a combined value of shareholdings and exercisable options significantly above these thresholds.
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 |
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a) |
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2 |
Reason for the notification |
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a) |
Position/status |
Non-Executive Director, Senior Independent Director |
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b) |
Initial notification/Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
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b) |
LEI |
213800N7AAHSXQUOA733 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
10p ordinary shares
ISIN GB00BG5KQW09 |
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b) |
Nature of the transaction |
Sale of shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information |
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e) |
Date of the transaction |
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f) |
Place of the transaction |
N/A |
- Ends -
For further information, please contact:
Elizabeth Skerritt |
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Tel: +44 (0)1403 273 463 |
Jeremy Ellis / Patrick Robb |
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Tel: +44 (0)207 597 4000 |
Berenberg (Joint Broker) Ben Wright / Mark Whitmore |
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Tel: +44 (0) 203 207 7800 |
Powerscourt Peter Ogden / James White |
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Tel: +44 (0) 20 7250 1446 |
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