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RNS Number : 2338W
Ceres Power Holdings plc
31 July 2018
 

31 July 2018

Ceres Power Holdings Plc

("Ceres Power" or the "Company")

 

Director Retirement

Ceres Power Holdings plc (AIM: CWR) announces that today, the 31st July 2018, Mike Lloyd retires from the board of the Company as a Non-Executive Director.  Mr Lloyd was appointed to the Board in July 2012 and he retires in line with the Company's best practice governance guidelines having completed two three-year terms of appointment.

Following Mr Lloyd's retirement, the Company is reviewing board composition, is currently seeking a Non-Executive Director replacement for Mr Lloyd and will announce further details in due course.

 

Alan Aubrey, Chairman of Ceres Power said

"The board would like to thank Mike for his service and wealth of experience he has brought to the Company and Board during the past 6 years.  Mike's technical and engineering experience has been key to the Company progressing the SteelCell® technology to its current position as a world leading, low cost, next generation, fuel cell technology."

 

  

For further information, please contact:

Ceres Power Holdings plc

Dan Caesar


Tel: +44 (0)1403 273 463

 

Zeus Capital (Nominated Adviser and Broker)

Giles Balleny / Andrew Jones / Dom King


 

Tel: +44 (0) 20 3829 5000

 

Berenberg (Joint Broker)

Ben Wright / Mark Whitmore / Laure Fine

 

 

Tel: +44 (0) 203 207 7800

 

Powerscourt

Peter Ogden/Andy Jones


 

Tel: +44 (0) 20 7250 1446




 

Notes to Editor:

About Ceres Power

Ceres Power is a world leader in low cost, next generation fuel cell technology for use in distributed power products that reduce operating costs, lower CO2, SOx and NOx emissions, increase efficiency and improve energy security. The Ceres Power unique patented SteelCell® technology generates power from widely available fuels at high efficiency and is manufactured using standard processing equipment and conventional materials such as steel, meaning that it can be mass produced at an affordable price for domestic and business use. Ceres Power offer its partners the opportunity to develop power systems and products using its unique SteelCell® technology and know-how, combined with the opportunity to supply the SteelCell® in volume through its manufacturing partners. For further information please visit: http://www.cerespower.com/

 


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