Ceres Power Holdings plc Grant of Long Term Incentive Plan (“LTIP”) Awards
29 Mai 2024 - 8:00AM
RNS Regulatory News
RNS Number : 1740Q
Ceres Power Holdings plc
29 May 2024
29 May 2024
Ceres Power Holdings
plc
("Ceres Power" or "the
Company")
Grant of
Long Term Incentive Plan ("LTIP") Awards
Ceres Power Holdings plc (the
"Company") announces the grant of LTIP share options on 28 May
2024 under the Ceres Power Holdings plc Long Term Incentive
Plan (the "Plan") to the following Persons Discharging Managerial
Responsibilities ("PDMRs"):
|
Name
|
Position
|
No. share options
granted
|
|
Philip Caldwell
|
Chief
Executive Officer
|
627,530
|
|
Eric Lakin
|
Chief Financial Officer
|
394,062
|
|
Anthony Cochrane
|
Chief Commercial Officer
|
310,391
|
|
Caroline Hargrove
|
Chief Technology Officer
|
219,130
|
|
Mark Garrett
|
Chief Operating Officer
|
219,130
|
|
Michelle Traynor
|
Chief People Officer
|
197,368
|
|
Mark Selby
|
Chief Growth Officer
|
175,304
|
|
Deborah
Grimason
|
General
Counsel & Company Secretary
|
219,130
|
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 of dealing forms
can be found below.
This notification is made in
accordance with the requirements of the UK Market Abuse
Regulation.
Notification of dealing
form
|
1
|
Details of the person discharging managerial responsibilities/
person closely associated
|
|
a)
|
Name
|
Philip Caldwell
|
|
2
|
Reason for the notification
|
|
a)
|
Position/Status
|
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 transaction have been
conducted
|
|
a)
|
Description of the financial
instrument,
type of instrument Identification
code
|
Nominal value share options over
Ordinary Shares of 10 pence each
ISIN: GB00BG5KQW09
|
|
b)
|
Nature of the transaction
|
Grant of Long Term Incentive Plan
Awards
|
|
c)
|
Price(s) and volume (s)
|
Price(s)
|
Volume(s)
|
|
10p
|
627,530
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
10p
|
627,530
|
£62,753.00
|
|
e)
|
Date of the transaction
|
28 May 2024
|
|
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
|
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 transaction have been
conducted
|
|
a)
|
Description of the financial
instrument,
type of instrument Identification
code
|
Nominal value share options over
Ordinary Shares of 10 pence each
ISIN: GB00BG5KQW09
|
|
b)
|
Nature of the transaction
|
Grant of Long Term Incentive Plan
Awards
|
|
c)
|
Price(s) and volume (s)
|
Price(s)
|
Volume(s)
|
|
10p
|
394,062
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
10p
|
394,062
|
£39,406.20
|
|
e)
|
Date of the transaction
|
28 May 2024
|
|
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
|
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 transaction have been
conducted
|
|
a)
|
Description of the financial
instrument,
type of instrument Identification
code
|
Nominal value share options over
Ordinary Shares of 10 pence each
ISIN: GB00BG5KQW09
|
|
b)
|
Nature of the transaction
|
Grant of Long Term Incentive Plan
Awards
|
|
c)
|
Price(s) and volume (s)
|
Price(s)
|
Volume(s)
|
|
10p
|
310,391
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
10p
|
310,391
|
£31,039.10
|
|
e)
|
Date of the transaction
|
28 May 2024
|
|
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
|
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 transaction have been
conducted
|
|
a)
|
Description of the financial
instrument,
type of instrument Identification
code
|
Nominal value share options over
Ordinary Shares of 10 pence each
ISIN: GB00BG5KQW09
|
|
b)
|
Nature of the transaction
|
Grant of Long Term Incentive Plan
Awards
|
|
c)
|
Price(s) and volume (s)
|
Price(s)
|
Volume(s)
|
|
10p
|
219,130
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
10p
|
219,130
|
£21,913.00
|
|
e)
|
Date of the transaction
|
28 May 2024
|
|
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
|
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 transaction have been
conducted
|
|
a)
|
Description of the financial
instrument,
type of instrument Identification
code
|
Nominal value share options over
Ordinary Shares of 10 pence each
ISIN: GB00BG5KQW09
|
|
b)
|
Nature of the transaction
|
Grant of Long Term Incentive Plan
Awards
|
|
c)
|
Price(s) and volume (s)
|
Price(s)
|
Volume(s)
|
|
10p
|
219,130
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
10p
|
219,130
|
£21,913.00
|
|
e)
|
Date of the transaction
|
28 May 2024
|
|
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
|
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 transaction have been
conducted
|
|
a)
|
Description of the financial
instrument,
type of instrument Identification
code
|
Nominal value share options over
Ordinary Shares of 10 pence each
ISIN: GB00BG5KQW09
|
|
b)
|
Nature of the transaction
|
Grant of Long Term Incentive Plan
Awards
|
|
c)
|
Price(s) and volume (s)
|
Price(s)
|
Volume(s)
|
|
10p
|
197,368
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
10p
|
197,368
|
£19,736.80
|
|
e)
|
Date of the transaction
|
28 May 2024
|
|
f)
|
Place of the transaction
|
N/A
|
|
|
|
|
|
| |
|
1
|
Details of the person discharging managerial responsibilities/
person closely associated
|
|
a)
|
Name
|
Mark Selby
|
|
2
|
Reason for the notification
|
|
a)
|
Position/Status
|
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 transaction have been
conducted
|
|
a)
|
Description of the financial
instrument,
type of instrument Identification
code
|
Nominal value share options over
Ordinary Shares of 10 pence each
ISIN: GB00BG5KQW09
|
|
b)
|
Nature of the transaction
|
Grant of Long Term Incentive Plan
Awards
|
|
c)
|
Price(s) and volume (s)
|
Price(s)
|
Volume(s)
|
|
10p
|
175,304
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
10p
|
175,304
|
£17,530.40
|
|
e)
|
Date of the transaction
|
28 May 2024
|
|
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
|
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 transaction have been
conducted
|
|
a)
|
Description of the financial
instrument,
type of instrument Identification
code
|
Nominal value share options over
Ordinary Shares of 10 pence each
ISIN: GB00BG5KQW09
|
|
b)
|
Nature of the transaction
|
Grant of Long Term Incentive Plan
Awards
|
|
c)
|
Price(s) and volume (s)
|
Price(s)
|
Volume(s)
|
|
10p
|
219,130
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
10p
|
219,130
|
£21,913.00
|
|
e)
|
Date of the transaction
|
28 May 2024
|
|
f)
|
Place of the transaction
|
N/A
|
|
|
|
|
|
| |
For
further information visit www.ceres.tech
or contact:
|
Ceres Power Holdings plc
Elizabeth Skerritt
|
Tel: +44(0)7932 023 283
|
|
FTI Consulting (PR
Adviser)
Dwight Burden
|
Tel: +44 (0)203 727 1000
Email: ceres_power@fticonsulting.com
|
About Ceres Power
Ceres is a leading developer of clean
energy technology; electrolysis for the creation of green hydrogen
and fuel cells for power generation. Its asset-light, licensing
model has seen it establish partnerships with some of the world's
largest companies, such as Bosch, Doosan, Shell and Weichai. Ceres'
solid oxide platform technology supports greater electrification of
our energy systems and produces green hydrogen at high-efficiencies
as a route to decarbonise emissions-intensive industries such as
steelmaking, ammonia, and future fuels. 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.
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
DSHEAFSPADPLEAA
Ceres Power (LSE:CWR)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Ceres Power (LSE:CWR)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
