Original
RNS Number : 7285S
Ceres Power Holdings plc
23 December 2016
 

23 December 2016

 

This announcement contains inside information

 

Ceres Power Holdings Plc

("Ceres Power" or "the Company")

 

DIRECTOR'S DEALINGS

 

Ceres Power Holdings plc (AIM: CWR) announces that it was notified on 22 December 2016 that on 22 December 2016, Mike Lloyd, Non-Executive Director, purchased 261,795 ordinary shares of 1p each in the Company ("Ordinary Shares").

As a result, Mr Lloyd holds 1,330,597 Ordinary Shares, representing 0.13 per cent of the issued ordinary share capital of the Company. 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 

Mike Lloyd

2

Reason for the notification


a)


Position/status

 

Non-Executive Director

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

N/A

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 transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

1p ordinary shares

 

ISIN GB00B0351429

b)

Nature of the transaction

 

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£0.076

261,795

d)

Aggregated information

 

Price(s)

Volume(s)

£0.076

261,795

e)

Date of the transaction

 

22 December 2016

 

f)

Place of the transaction

 

 

London Stock Exchange, AIM

 

 

For further information please contact:

 

Ceres Power Holdings plc

Phil Caldwell, CEO

Richard Preston, CFO

Tel: +44 (0)1403 273 463

 

Zeus Capital Limited (Nominated Adviser and Broker)

Phil Walker/Andrew Jones

 

Tel: +44 (0) 20 3829 5000

 

Tavistock

Mike Bartlett/James Collins

 

Tel: +44 (0) 20 7920 3150

 

 

 

Notes to Editors:

 

About Ceres Power

Ceres Power (http://www.cerespower.com/) 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 Steel Cell 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 offers its partners the opportunity to develop power systems and products using its unique Steel Cell technology and know-how, combined with the opportunity to supply the Steel Cell in volume through its manufacturing partners. 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHGCBDDRUDBGLX