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CWR Ceres Power Holdings Plc

181.80
3.50 (1.96%)
03 May 2024 - Closed
Delayed by 15 minutes
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
  3.50 1.96% 181.80 182.00 184.10 184.20 171.60 180.00 401,563 16:35:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric & Other Serv Comb 22.32M -54.01M -0.2799 -6.58 355.39M

Ceres Power Holdings plc LTIPs and Total Voting Rights (8312F)

24/03/2022 7:00am

UK Regulatory


Ceres Power (LSE:CWR)
Historical Stock Chart


From May 2021 to May 2024

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TIDMCWR

RNS Number : 8312F

Ceres Power Holdings plc

24 March 2022

24 March 2022

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, 23 March 2022, LTIP share options were awarded to Executive Directors and PDMRs of the Company, as well as other key employees.

Awards to PDMRs are as follows:

Philip Caldwell (Chief Executive Officer) 126,080; Eric Lakin (Chief Financial Officer) 118,880; Caroline Hargrove (Chief Technology Officer) 68,080; Anthony Cochrane (Chief Commercial Officer) 64,840; Deborah Grimason (General Counsel & Company Secretary) 64,840; Mark Garrett (Chief Operating Officer) 45,390; Geraint Castleton-White (Chief Programmes Officer) 18,370; Clarissa de Jager (Chief of Intellectual Property) 17,290; Michelle Traynor (People Director) 17,020.

These LTIP share options are in respect of the Company's ordinary shares of 10 pence each and have a nominal value exercise price. Vesting of the options is conditional upon achieving certain challenging share price and commercial targets over their three-year performance period. A further two-year holding period in addition to the three-year vesting period applies to these awards.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Total Voting Rights

Ceres Power confirms that as at 23 March 2022, the Company had 190,729,638 Ordinary Shares in issue, with one voting right each. The Company does not hold any shares in treasury. The number of Ordinary Shares with voting rights is therefore 190,729,638.

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 visit www.ceres.tech or contact:

 
Ceres Power Holdings plc           Tel: +44 (0)1403 273 463 
 Elizabeth Skerritt 
 
  Investec Bank PLC (NOMAD &         Tel: +44 (0)207 597 5970 
  Joint Broker) 
  Jeremy Ellis / Patrick Robb 
 
  Berenberg (Joint Broker)           Tel: +44 (0) 203 207 7800 
  Ben Wright / Mark Whitmore 
 
  FTI Consulting (Financial PR)      Tel: +44 (0)203 727 1000 
  Dwight Burden                      Email: ceres_power@fticonsulting.com 
 

About Ceres Power

Ceres is a world-leading developer of electrochemical technologies: fuel cells for power generation, electrolysis for the creation of green hydrogen and energy storage. 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 Korea, to develop systems and products that address climate change for power generation, transportation, industry, data centres and everyday living. Ceres 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.

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                                           Philip Caldwell 
     -------------------------------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
     --------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                                Chief Executive 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 instrument    Nominal value options over 10p ordinary 
        Identification code                                            shares 
                                                                       ISIN GB00BG5KQW09 
     -------------------------------------------------------------  ------------------------------------------ 
 b)    Nature of the transaction                                      Grant of Long Term Incentive Plan Awards 
     -------------------------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)                                           Price(s)       Volume(s) 
                                                                         10.0 pence     126,080 
     -------------------------------------------------------------  ------------------------------------------ 
 d)    Aggregated information                                           Price(s)       Volume(s) 
                                                                         10.0 pence     126,080 
     -------------------------------------------------------------  ------------------------------------------ 
 e)    Date of the transaction                                        23 March 2022 
     -------------------------------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                                       N/A 
     -------------------------------------------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                                           Eric Lakin 
     -------------------------------------------------------------  ------------------------------------------ 
 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 instrument    Nominal value options over 10p ordinary 
        Identification code                                            shares 
                                                                       ISIN GB00BG5KQW09 
     -------------------------------------------------------------  ------------------------------------------ 
 b)    Nature of the transaction                                      Grant of Long Term Incentive Plan Awards 
     -------------------------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)                                           Price(s)       Volume(s) 
                                                                         10.0 pence     118,880 
     -------------------------------------------------------------  ------------------------------------------ 
 d)    Aggregated information                                           Price(s)       Volume(s) 
                                                                         10.0 pence     118,880 
     -------------------------------------------------------------  ------------------------------------------ 
 e)    Date of the transaction                                        23 March 2022 
     -------------------------------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                                       N/A 
     -------------------------------------------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                                           Caroline Hargrove 
     -------------------------------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
     --------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                                Chief Technology Officer, PDMR 
     -------------------------------------------------------------  ------------------------------------------ 
 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 instrument    Nominal value options over 10p ordinary 
        Identification code                                            shares 
                                                                       ISIN GB00BG5KQW09 
     -------------------------------------------------------------  ------------------------------------------ 
 b)    Nature of the transaction                                      Grant of Long Term Incentive Plan Awards 
     -------------------------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)                                           Price(s)       Volume(s) 
                                                                         10.0 pence     68,080 
     -------------------------------------------------------------  ------------------------------------------ 
 d)    Aggregated information                                           Price(s)       Volume(s) 
                                                                         10.0 pence     68,080 
     -------------------------------------------------------------  ------------------------------------------ 
 e)    Date of the transaction                                        23 March 2022 
     -------------------------------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                                       N/A 
     -------------------------------------------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                                           Anthony Cochrane 
     -------------------------------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
     --------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                                Chief Commercial Officer, PDMR 
     -------------------------------------------------------------  ------------------------------------------ 
 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 instrument    Nominal value options over 10p ordinary 
        Identification code                                            shares 
                                                                       ISIN GB00BG5KQW09 
     -------------------------------------------------------------  ------------------------------------------ 
 b)    Nature of the transaction                                      Grant of Long Term Incentive Plan Awards 
     -------------------------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)                                           Price(s)       Volume(s) 
                                                                         10.0 pence     64,840 
     -------------------------------------------------------------  ------------------------------------------ 
 d)    Aggregated information                                           Price(s)       Volume(s) 
                                                                         10.0 pence     64,840 
     -------------------------------------------------------------  ------------------------------------------ 
 e)    Date of the transaction                                        23 March 2022 
     -------------------------------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                                       N/A 
     -------------------------------------------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                                           Deborah Grimason 
     -------------------------------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
     --------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                                General Counsel and Company Secretary, 
                                                                       PDMR 
     -------------------------------------------------------------  ------------------------------------------ 
 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 instrument    Nominal value options over 10p ordinary 
        Identification code                                            shares 
                                                                       ISIN GB00BG5KQW09 
     -------------------------------------------------------------  ------------------------------------------ 
 b)    Nature of the transaction                                      Grant of Long Term Incentive Plan Awards 
     -------------------------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)                                           Price(s)       Volume(s) 
                                                                         10.0 pence     64,840 
     -------------------------------------------------------------  ------------------------------------------ 
 d)    Aggregated information                                           Price(s)       Volume(s) 
                                                                         10.0 pence     64,840 
     -------------------------------------------------------------  ------------------------------------------ 
 e)    Date of the transaction                                        23 March 2022 
     -------------------------------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                                       N/A 
     -------------------------------------------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                                           Mark Garrett 
     -------------------------------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
     --------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                                Chief Operating Officer, PDMR 
     -------------------------------------------------------------  ------------------------------------------ 
 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 instrument    Nominal value options over 10p ordinary 
        Identification code                                            shares 
                                                                       ISIN GB00BG5KQW09 
     -------------------------------------------------------------  ------------------------------------------ 
 b)    Nature of the transaction                                      Grant of Long Term Incentive Plan Awards 
     -------------------------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)                                           Price(s)       Volume(s) 
                                                                         10.0 pence     45,390 
     -------------------------------------------------------------  ------------------------------------------ 
 d)    Aggregated information                                           Price(s)       Volume(s) 
                                                                         10.0 pence     45,390 
     -------------------------------------------------------------  ------------------------------------------ 
 e)    Date of the transaction                                        23 March 2022 
     -------------------------------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                                       N/A 
     -------------------------------------------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                                           Geraint Castleton-White 
     -------------------------------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
     --------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                                Chief Programme Officer, PDMR 
     -------------------------------------------------------------  ------------------------------------------ 
 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 instrument    Nominal value options over 10p ordinary 
        Identification code                                            shares 
                                                                       ISIN GB00BG5KQW09 
     -------------------------------------------------------------  ------------------------------------------ 
 b)    Nature of the transaction                                      Grant of Long Term Incentive Plan Awards 
     -------------------------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)                                           Price(s)       Volume(s) 
                                                                         10.0 pence     18,370 
     -------------------------------------------------------------  ------------------------------------------ 
 d)    Aggregated information                                           Price(s)       Volume(s) 
                                                                         10.0 pence     18,370 
     -------------------------------------------------------------  ------------------------------------------ 
 e)    Date of the transaction                                        23 March 2022 
     -------------------------------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                                       N/A 
     -------------------------------------------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                                           Clarissa de Jager 
     -------------------------------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
     --------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                                Chief of Intellectual Property, PDMR 
     -------------------------------------------------------------  ------------------------------------------ 
 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 instrument    Nominal value options over 10p ordinary 
        Identification code                                            shares 
                                                                       ISIN GB00BG5KQW09 
     -------------------------------------------------------------  ------------------------------------------ 
 b)    Nature of the transaction                                      Grant of Long Term Incentive Plan Awards 
     -------------------------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)                                           Price(s)       Volume(s) 
                                                                         10.0 pence     17,290 
     -------------------------------------------------------------  ------------------------------------------ 
 d)    Aggregated information                                           Price(s)       Volume(s) 
                                                                         10.0 pence     17,290 
     -------------------------------------------------------------  ------------------------------------------ 
 e)    Date of the transaction                                        23 March 2022 
     -------------------------------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                                       N/A 
     -------------------------------------------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                                           Michelle Traynor 
     -------------------------------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
     --------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                                People Director, PDMR 
     -------------------------------------------------------------  ------------------------------------------ 
 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 instrument    Nominal value options over 10p ordinary 
        Identification code                                            shares 
                                                                       ISIN GB00BG5KQW09 
     -------------------------------------------------------------  ------------------------------------------ 
 b)    Nature of the transaction                                      Grant of Long Term Incentive Plan Awards 
     -------------------------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)                                           Price(s)       Volume(s) 
                                                                         10.0 pence     17,020 
     -------------------------------------------------------------  ------------------------------------------ 
 d)    Aggregated information                                           Price(s)       Volume(s) 
                                                                         10.0 pence     17,020 
     -------------------------------------------------------------  ------------------------------------------ 
 e)    Date of the transaction                                        23 March 2022 
     -------------------------------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                                       N/A 
     -------------------------------------------------------------  ------------------------------------------ 
 

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END

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March 24, 2022 03:00 ET (07:00 GMT)

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