Ceres Power Holdings plc
05 December 2006
Ceres Power Holdings plc (the 'Company')
The Company announces that on 4 December 2006, Mr. John Gunn, a non-executive
director of the Company, exercised 122,500 warrants over Ordinary Shares in the
Company. The warrants required exercise prior to 31 January 2007 and prior to
the commencement of the Company's close period. Mr. Gunn sold 22,500 Ordinary
Shares at 224 pence per share to fund the warrant exercise.
Mr. Gunn's total holding in the Company will therefore increase by 100,000
Ordinary Shares to 185,280 Ordinary Shares, representing approximately 0.32 per
cent of the Company's issued share capital. Mr. Gunn also has beneficial
interests in 700,000 Ordinary Shares in the Company in addition to 122,640
warrants over Ordinary Shares in the Company.
This information is provided by RNS
The company news service from the London Stock Exchange