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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ceres Power Holdings Plc | LSE:CWR | London | Ordinary Share | GB00BG5KQW09 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
4.70 | 3.34% | 145.40 | 144.70 | 145.80 | 146.70 | 142.90 | 144.40 | 630,475 | 16:35:27 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electric & Other Serv Comb | 22.13M | -45.12M | -0.2339 | -6.20 | 279.96M |
TIDMCWR
RNS Number : 6272Y
Ceres Power Holdings plc
07 December 2017
7 December 2017
This announcement contains inside information
Ceres Power Holdings plc
("Ceres Power" or the "Company")
Grant of Share Options under the Sharesave Scheme
Ceres Power Holdings plc (AIM: CWR) announces the grant of options on 6 December 2017 under the Ceres Power Sharesave Scheme (the "Scheme"). The Scheme is an 'all employee share scheme' which is available annually to all employees subject to qualifying conditions, which was approved by the HM Revenue & Customs, and which was introduced to encourage wider employee share ownership of the Company.
Options to purchase a total of 2,265,603 ordinary shares of 1 pence of the Company ("Ordinary Shares") have been granted. These options will be exercisable between 1 February 2021 and 31 July 2021 at an exercise price of 10.6p per share.
Included in the above is a grant to Richard Preston, the Company's Chief Financial Officer, who has been granted an option to purchase 84,905 Ordinary Shares. Following this grant, Richard Preston now holds options over 6,830,679 Ordinary Shares.
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 Richard Preston --- ------------------------------------------------------------ --------------------------------------------------- 2 Reason for the notification --- ----------------------------------------------------------------------------------------------------------------- a) Position/status Chief Financial Officer, Director --- ------------------------------------------------------------ --------------------------------------------------- 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 213800N7AAHSXQUOA733 --- ------------------------------------------------------------ --------------------------------------------------- 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 Sharesave options over 1p ordinary shares instrument ISIN GB00B0351429 Identification code --- ------------------------------------------------------------ --------------------------------------------------- b) Nature of the transaction Grant of Share Options under the Sharesave Scheme --- ------------------------------------------------------------ --------------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) 10.6 pence 84,905 --- ------------------------------------------------------------ --------------------------------------------------- d) Aggregated information Price(s) Volume(s) 10.6 pence 84,905 --- ------------------------------------------------------------ --------------------------------------------------- e) Date of the transaction 6 December 2017 --- ------------------------------------------------------------ --------------------------------------------------- f) Place of the transaction N/A --- ------------------------------------------------------------ --------------------------------------------------- Ceres Power Holdings Tel: +44 (0)1403 plc 273 463 Dan Caesar Zeus Capital (Nominated Tel: +44 (0) 20 Adviser and Broker) 3829 5000 Giles Balleny /Andrew Jones/Hugh Kingsmill Moore Berenberg (Joint Broker) Tel: +44 (0) 203 Ben Wright / Mark Whitmore 207 7800 / Laure Fine Powerscourt Tel: +44 (0) 20 Peter Ogden/Andy Jones 7250 1446
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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(END) Dow Jones Newswires
December 07, 2017 02:01 ET (07:01 GMT)
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