TIDMCWR

RNS Number : 9276F

Ceres Power Holdings plc

13 July 2023

13 July 2023

Ceres Power Holdings plc

("Ceres Power" or "the Company")

Notifications of transactions by Persons Discharging Managerial Responsibilities

(together 'PDMRs')

The Company was notified on 12 July 2023 that Michelle Traynor, People Director and a PDMR of the Company, exercised share options under the Ceres Power Holdings plc Sharesave Scheme and retained the shares. Details are set out below:

 
       Name          Options exercised   Exercise      Shareholding 
                                           price     after transaction 
 Michelle Traynor          1,844         195.20p          1,844 
                    ------------------  ---------  ------------------- 
 

The notification of dealing form can be found below.

This notification is made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

Notification of dealing form

 
  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                        Initial notification 
       notification/Amendment 
      -----------------------------  --------------------------------------------------------------------------------- 
  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 section to be repeated for (i) each type of instrument; (ii) each 
        type of transaction; (iii) each date; and; (iv) each place where transaction have been conducted 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Description of the financial   Ordinary Shares of 10 pence each 
       instrument,                     ISIN: GB00BG5KQW09 
       type of instrument 
       Identification code 
      -----------------------------  --------------------------------------------------------------------------------- 
 b)    Nature of the transaction      Exercise of Share Options under the Ceres Power Holdings plc Sharesave Scheme 
      -----------------------------  --------------------------------------------------------------------------------- 
 c)    Price(s) and volume (s)        Price(s)                                     Volume(s) 
      -----------------------------  -------------------------------------------  ------------------------------------ 
                                     GBP1.952                                                     1,844 
  -------------------------------------------                                     ------------------------------------ 
 d)    Aggregated information         Aggregate Price                Aggregate Volume      Aggregate Total 
        -Aggregated volume 
        -Price 
                                     -----------------------------  --------------------  ---------------------------- 
             GBP1.952                                     1,844                                    GBP3,599.49 
  -----------------------------  -------------------------------------------------------  ---------------------------- 
 e)    Date of the transaction        12 July 2023 
                                     --------------------------------------------------------------------------------- 
 f)    Place of the transaction       N/A 
      -----------------------------  --------------------------------------------------------------------------------- 
 
 

For further information visit www.ceres.tech or contact:

 
 Ceres Power Holdings plc      Tel: +44(0)7932 023 283 
  Elizabeth Skerritt 
 FTI Consulting (PR Adviser)   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 Bosch, Doosan, Shell and Weichai, to develop systems and products that address climate change for power generation, transportation, industry, data centres and everyday living. Ceres is listed on the London Stock Exchange ("LSE") (LSE: 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.

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END

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July 13, 2023 04:14 ET (08:14 GMT)

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