Ceres Power Holdings plc Director/PDMR Shareholding (7285S)

TIDMCWR

RNS Number : 7285S

Ceres Power Holdings plc

23 December 2016

23 December 2016

This announcement contains inside information

Ceres Power Holdings Plc

("Ceres Power" or "the Company")

DIRECTOR'S DEALINGS

Ceres Power Holdings plc (AIM: CWR) announces that it was notified on 22 December 2016 that on 22 December 2016, Mike Lloyd, Non-Executive Director, purchased 261,795 ordinary shares of 1p each in the Company ("Ordinary Shares").

As a result, Mr Lloyd holds 1,330,597 Ordinary Shares, representing 0.13 per cent of the issued ordinary share capital of the Company.

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 
----  ------------------------------------------------------------- 
 a)    Name                             Mike Lloyd 
----  -------------------------------  ---------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------- 
                                        Non-Executive Director 
  a)    Position/status 
----  -------------------------------  ---------------------------- 
 b)    Initial notification/Amendment   Initial Notification 
----  -------------------------------  ---------------------------- 
 3     Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
----  ------------------------------------------------------------- 
 a)    Name                             Ceres Power Holdings plc 
----  -------------------------------  ---------------------------- 
 b)    LEI                              N/A 
----  -------------------------------  ---------------------------- 
 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               1p ordinary shares 
        financial instrument, 
        type of instrument               ISIN GB00B0351429 
 
        Identification code 
----  -------------------------------  ---------------------------- 
 b)    Nature of the transaction        Purchase of Ordinary Shares 
----  -------------------------------  ---------------------------- 
 c)    Price(s) and volume(s)              Price(s)    Volume(s) 
                                           ----------  ---------- 
                                            GBP0.076     261,795 
                                           ----------  ---------- 
----  -------------------------------  ---------------------------- 
 d)    Aggregated information              Price(s)    Volume(s) 
                                           ----------  ---------- 
                                            GBP0.076     261,795 
                                           ----------  ---------- 
----  -------------------------------  ---------------------------- 
 e)    Date of the transaction          22 December 2016 
----  -------------------------------  ---------------------------- 
 f)    Place of the transaction         London Stock Exchange, AIM 
----  -------------------------------  ---------------------------- 
 

For further information please contact:

 
 Ceres Power Holdings plc           Tel: [phone] 
  Phil Caldwell, CEO                 273 463 
  Richard Preston, CFO 
  Zeus Capital Limited (Nominated    Tel: [phone] 
   Adviser and Broker)                5000 
   Phil Walker/Andrew Jones 
  Tavistock                          Tel: [phone] 
   Mike Bartlett/James Collins        3150 
 
 

Notes to Editors:

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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 23, 2016 04:59 ET (09:59 GMT)