TIDMCWR

RNS Number : 9870I

Ceres Power Holdings plc

11 August 2023

11 August 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 10 August 2023 that Clarissa de Jager, Chief of Intellectual Property 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 
 Clarissa de 
     Jager            7,377         195.20p          7,377 
               ------------------  ---------  ------------------- 
 

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                           Clarissa de Jager 
      -----------------------------  --------------------------------------------------------------------------------- 
  2    Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Position/Status                Chief of Intellectual Property / 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                                                     7,377 
  -------------------------------------------                                     ------------------------------------ 
 d)    Aggregated information         Aggregate Price                Aggregate Volume      Aggregate Total 
        -Aggregated volume 
        -Price 
                                     -----------------------------  --------------------  ---------------------------- 
             GBP1.952                                     7,377                                   GBP14,399.90 
  -----------------------------  -------------------------------------------------------  ---------------------------- 
 e)    Date of the transaction        10 August 2023 
                                     --------------------------------------------------------------------------------- 
 f)    Place of the transaction       N/A 
      -----------------------------  --------------------------------------------------------------------------------- 
 
 

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

 
 Ceres Power Holdings plc             Tel: +44(0) 7752 470802 
  M arianne Millard, Deputy Company 
  Secretary 
 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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August 11, 2023 02:00 ET (06:00 GMT)

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