Ceres Power (LSE:CWR)
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RNS Number : 9339A

Ceres Power Holdings plc

27 January 2020

27 January 2020

Ceres Power Holdings plc

("Ceres Power" or the "Company")

Block Admission Application

The Company has made an application to the London Stock Exchange Plc for a block admission of 209,443 Ordinary Shares of 10 pence each ("Ordinary Shares"). These Ordinary Shares will be allotted in accordance with the exercise of options under the Sharesave scheme.

It is expected that the block admission will become effective on 30 January 2020. The Ordinary Shares, when issued, shall rank equally with the Company's existing issued Ordinary Shares.

The Company's current issued share capital will not change as a result of the block admission.

For further information, please contact:

 
Ceres Power Holdings plc              Tel: +44 (0)1403 273 
 Richard Preston                       463 
 
  Investec Bank PLC (NOMAD & Joint      Tel: +44 (0)207 597 
  Broker)                               5970 
  Jeremy Ellis / Patrick Robb 
 
  Berenberg (Joint Broker)              Tel: +44 (0) 203 207 
  Ben Wright / Mark Whitmore            7800 
 
  Powerscourt (Financial PR)            Tel: +44 (0) 20 7250 
  Peter Ogden / James White             1446 
 

Notes to Editors:

About Ceres Power

Ceres Power (http://www.cerespower.com) is a world-leading developer of low cost, next generation solid oxide fuel cell ("SOFC") 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 China, Bosch in Germany, Miura in Japan, and Doosan in South Korea, to develop systems and products that address climate change and air quality challenges for transportation, industry, data centres and everyday living. Ceres Power is listed on the AIM market of the London Stock Exchange ("LSE") (AIM: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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January 27, 2020 02:00 ET (07:00 GMT)