Grant of Share Options under the Sharesave Scheme
Summary by AI BETAClose X
CWR.L
08 May 2026
Ceres Power Holdings plc
("Ceres Power" or "the Company")
Grant of Share Options under the Sharesave Scheme
Horsham, UK: Ceres Power Holdings plc (CWR.L), a leading developer of clean energy technology, confirms the grant of options on 8 May 2026 under the Ceres Power Holdings plc Sharesave Scheme (the "Scheme"). The Scheme is an 'all employee share scheme' which is available annually to all employees subject to qualifying conditions, which was approved by the HM Revenue & Customs, and which was introduced to encourage wider employee share ownership of the Company.
Options to purchase a total of 376,277 ordinary shares of 10 pence of the Company ("Ordinary Shares") have been granted. These options will be exercisable between 1 June 2029 and 30 November 2029 at an exercise price of £2.4352 per share.
The following grants were made to Persons Discharging Managerial Responsibilities ("PDMRs"):
|
Name |
Position |
Options Granted |
|
|
Phil Caldwell |
Chief Executive Officer |
|
|
|
Stuart Paynter |
Chief Financial Officer |
|
The notification of dealing forms can be found below.
This notification is made in accordance with the requirements of the UK Market Abuse Regulation.
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1
|
Details of the person discharging managerial responsibilities / person closely associated
|
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a)
|
Name
|
Phil Caldwell |
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Chief Executive Officer |
|||
|
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
|
213800N7AAHSXQUOA733 |
|||
|
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 |
Ordinary Shares of 10 pence each
|
|||
|
|
|
||||
|
Identification code |
ISIN: GB00BG5KQW09 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
Grant of share options under the Ceres Power Holdings plc Sharesave Scheme |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
£2.4352 |
3,736 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
|
||||
|
- Aggregated volume |
3,736 |
||||
|
|
|
||||
|
- Price
- Total |
£2.4352
£9,097.91 |
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
8 May 2026 |
|||
|
f)
|
Place of the transaction
|
N/A |
|||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
Name
|
Stuart Paynter |
|||
|
2
|
Reason for the notification
|
||||
|
a)
|
Position/status
|
Chief Financial Officer |
|||
|
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
|
213800N7AAHSXQUOA733 |
|||
|
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 |
Ordinary Shares of 10 pence each
|
|||
|
|
|
||||
|
Identification code |
ISIN: GB00BG5KQW09 |
||||
|
|
|
||||
|
b)
|
Nature of the transaction
|
Grant of share options under the Ceres Power Holdings plc Sharesave Scheme |
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
£2.4352 |
7,473 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
|
||||
|
- Aggregated volume |
7,473 |
||||
|
|
|
||||
|
- Price
- Total |
£2.4352
£18,198.25 |
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
8 May 2026 |
|||
|
f)
|
Place of the transaction
|
N/A |
|||
For further information visit www.ceres.tech or contact:
|
Ceres Power Holdings plc Merryl Black (Head of Investor Relations and Sustainability) |
|
Email: investors@cerespower.com |
|
Ceres Power Holdings plc Dominic Murray (Company Secretary)
|
|
Tel: +44 (0)7526 196529
|
About Ceres
Ceres is a leading developer of clean energy technology: fuel cells for power generation and electrolysers to produce green hydrogen. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest companies, such as Doosan, Delta, Denso, Shell, Weichai and Thermax. Ceres' solid oxide technology supports greater electrification of our energy systems, including AI data centres, commercial and industrial applications, and produces green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking and electrofuels. Ceres is listed on the London Stock Exchange ("LSE") (LSE: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy.
Read more on our website www.ceres.tech or follow us on LinkedIn.
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