21:09 Fri 11 Dec 2020
Ceres Power Holdings - Grant of long term incentive plan ("LTIP") awards
Ceres Power Holdings plc
("Ceres Power" or the "Company")
GRANT OF LONG TERM INCENTIVE PLAN ("LTIP") AWARDS
AND TOTAL VOTING RIGHTS
Ceres Power Holdings plc (AIM: CWR) announces that yesterday,
Awards to PDMRs are as follows:
These LTIP share options are in respect of the Company's ordinary shares of
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Total Voting Rights
Following the exercise of other employee options over 5,588 Ordinary Shares, Ceres Power confirms that as at
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.
For further information, please contact:
Ceres Power Holdings plc |
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Tel: +44 (0)1403 273 463 |
Investec Bank PLC (NOMAD & Joint Broker) |
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Tel: +44 (0)207 597 5970 |
Berenberg (Joint Broker) |
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Tel: +44 (0) 203 207 7800 |
Powerscourt |
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Tel: +44 (0) 20 7250 1446 |
Notes to Editors:
About Ceres Power
Ceres is a world-leading developer of next generation solid oxide fuel cell (SOFC) and electrochemical technology. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest engineering and technology companies, such as Weichai in
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Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
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Reason for the notification |
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a) |
Position/status |
Chief Executive Officer, 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) |
Name |
Ceres Power Holdings plc |
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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 |
Nominal value options over 10p ordinary shares ISIN GB00BG5KQW09 |
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b) |
Nature of the transaction |
Grant of Long Term Incentive Plan Awards |
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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 |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Richard Preston |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Financial Officer, 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) |
Name |
Ceres Power Holdings plc |
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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 |
|||||
a) |
Description of the financial instrument, type of instrument Identification code |
Nominal value options over 10p ordinary shares ISIN GB00BG5KQW09 |
||||
b) |
Nature of the transaction |
Grant of Long Term Incentive Plan Awards |
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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 |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Mark Selby |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Technology Officer, 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) |
Name |
Ceres Power Holdings plc |
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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 |
|||||
a) |
Description of the financial instrument, type of instrument Identification code |
Nominal value options over 10p ordinary shares ISIN GB00BG5KQW09 |
||||
b) |
Nature of the transaction |
Grant of Long Term Incentive Plan Awards |
||||
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 |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Mark Garrett |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Operating Officer, 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) |
Name |
Ceres Power Holdings plc |
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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 |
|||||
a) |
Description of the financial instrument, type of instrument Identification code |
Nominal value options over 10p ordinary shares ISIN GB00BG5KQW09 |
||||
b) |
Nature of the transaction |
Grant of Long Term Incentive Plan Awards |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information |
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e) |
Date of the transaction |
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f) |
Place of the transaction |
N/A |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Anthony Cochrane |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Commercial Officer, 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) |
Name |
Ceres Power Holdings plc |
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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 |
|||||
a) |
Description of the financial instrument, type of instrument Identification code |
Nominal value options over 10p ordinary shares ISIN GB00BG5KQW09 |
||||
b) |
Nature of the transaction |
Grant of Long Term Incentive Plan Awards |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information |
|
||||
e) |
Date of the transaction |
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f) |
Place of the transaction |
N/A |
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