Ceres Power Holdings plc Grant of Long Term Incentive Plan Awards
07 Oktober 2024 - 3:12PM
RNS Regulatory News
RNS Number : 2228H
Ceres Power Holdings plc
07 October 2024
7 October 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 4 Oct
2024 under the Ceres Power Holdings plc Long Term Incentive
Plan (the "Plan") to the below mentioned Persons Discharging
Managerial Responsibilities ("PDMRs").
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
|
Stuart Paynter
|
|
2
|
Reason for the notification
|
|
a)
|
Position/Status
|
Chief Financial 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 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
|
160,709
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
10p
|
160,709
|
£16,070.90
|
|
e)
|
Date of the transaction
|
4 October 2024
|
|
f)
|
Place of the transaction
|
N/A
|
|
|
|
|
|
| |
|
1
|
Details of the person discharging managerial responsibilities/
person closely associated
|
|
a)
|
Name
|
Nick Lawrence
|
|
2
|
Reason for the notification
|
|
a)
|
Position/Status
|
Chief Product 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 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
|
32,142
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
10p
|
32,142
|
£3,214.20
|
|
e)
|
Date of the transaction
|
4 October 2024
|
|
f)
|
Place of the transaction
|
N/A
|
|
|
|
|
|
| |
|
1
|
Details of the person discharging managerial responsibilities/
person closely associated
|
|
a)
|
Name
|
Filip Smeets
|
|
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 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
|
80,928
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
Aggregate Price
|
Aggregate Volume
|
Aggregate Total
|
|
10p
|
80,928
|
£8,092.80
|
|
e)
|
Date of the transaction
|
4 October 2024
|
|
f)
|
Place of the transaction
|
N/A
|
|
|
|
|
|
| |
For
further information visit www.ceres.tech
or contact:
|
Ceres Power Holdings plc
Patrick Yau
|
Tel: +44(0)7884 654 179
|
|
FTI Consulting (PR
Adviser)
Dwight Burden
|
Tel: +44 (0)203 727 1000
Email: ceres_power@fticonsulting.com
|
About Ceres
Ceres is a leading developer of
clean energy technology: electrolysis for the production 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, Delta, Denso,
Shell, Thermax and Weichai. Ceres' solid oxide 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. Read more on our website
www.ceres.tech
or follow us on LinkedIn.
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
DSHMRBJTMTMMBPI
Ceres Power (LSE:CWR)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Ceres Power (LSE:CWR)
Historical Stock Chart
Von Dez 2023 bis Dez 2024
