RNS Number : 2704M
Ceres Power Holdings plc
14 July 2014

14 July 2014

Ceres Power Holdings plc ("Ceres" or the "Company")

Grant of Share Options

The Company today announces that, as part of a wider Company incentive scheme, Phil Caldwell, Chief Executive Officer, and Richard Preston, Finance Director, have been granted share options to subscribe for 4,000,000 and 1,500,000 of the Company's ordinary shares of 1 pence each ("Ordinary Shares").  These share options were granted on 11 July 2014 with an exercise price of 8.5 pence per share, and may be exercised following the third anniversary of the date of their grant.



Ceres Power Holdings plc                              

Phil Caldwell, Chief Executive Officer

Richard Preston, Finance Director


Tel. +44 (0)1403 273 463

N+1 Singer  (Nominated Adviser and Broker)

Andrew Craig / Ben Wright / Alex Wright


Tel: +44 (0)20 7496 3000

Tavistock Communications

Mike Bartlett / James Collins

Tel: +44 (0) 20 7920 3150


Notes to editors:

Ceres Power (www.cerespower.com) is a world leading developer of low cost, next generation fuel cell technology for use in decentralised energy products that reduce operating costs, lower CO2 emissions, increase efficiency and improve energy security.  The Ceres unique patented Steel Cell technology operates on mains natural gas and is manufactured using standard manufacturing processes and conventional materials such as steel, meaning that it can be mass produced at an affordable price for domestic and business use.


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