2 October 2012
For immediate release
Not for release, publication or distribution, directly or indirectly, in whole or in part in, into, or from, any jurisdiction where to do the same would constitute a violation of the relevant laws of such jurisdiction.
Ceres Power Holdings plc
("Ceres", "Ceres Power" or "the Company")
Further to the announcement on 11 September 2012 when we indicated our plan to complete funding by end Q3 2012, we announce that the Board continues to work towards raising an initial tranche of funding to continue to meet the Company's planned expenditure and maintain the business as a going concern. The Company will update shareholders in due course on progress in this regard.
Ceres Power Holdings plc Tel. +44 (0)1403 273 463
David Pummell, Chief Executive Officer
Rex Vevers, Finance Director
Investec Bank plc Tel. +44 (0)20 7597 4000
Chris Sim/James Ireland
Kreab Gavin Anderson & Company Tel. +44 (0)20 7074 1800
Ken Cronin/Deborah Walter