Notifications of transactions by PDMRs
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The Company was notified on 3 October 2023 that Phil Caldwell, CEO and a PDMR of the Company, exercised share options under the Ceres Power Holdings plc 2004 Employees' Share Option Scheme and retained all of the shares. Details are set out below:
| Name | Share options exercised | Shares purchased | Total shares acquired | Option exercise price | Share purchase price | Shareholding after transaction |
|---|---|---|---|---|---|---|
| Phil Caldwell | 11,859 | 81,746 | 93,605 | 85.4p | 320.4p | 365,888 |
As part of the exercise of share options by Phil Caldwell, he acquired a total of 93,605 shares in the Company, of which 81,746 shares in the Company were received in return for 123,313 Employee Shareholder Status (ESS) shares in the Company's subsidiary, Ceres Power Intermediate Holdings Limited, which had been acquired as a modification to the unexercised 2004 Employees' Share Scheme options in 2014 and 2015. He also exercised 11,859 ESS-linked options in the Company. All of the shares acquired were retained.
The notification of dealing form can be found below.
Notification of dealing form
| 1 | Details of the person discharging managerial responsibilities/ person closely associated | |||
| a) | Name | Phil Caldwell | ||
| 2 | Reason for the notification | |||
| a) | Position/Status | PDMR - CEO | ||
| b) | Initial notification/Amendment | Initial notification | ||
| a) | Name | Ceres Power Holdings plc | ||
| b) | LEI | 213800N7AAHSXQUOA733 | ||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 10 pence each ISIN: GB00BG5KQW09 | ||
| b) | Nature of the transaction | Exercise of Share Options under the Ceres Power Holdings plc 2004 Employees' Share Option Scheme and disposal of Employee Shareholder Status shares in Ceres Power Intermediate Holdings Limited | ||
| c) | Price(s) and volume (s) | Price(s) | Volume(s) | |
| 85.4 pence 320.4 pence | 11,859 81,746 | |||
| d) | Aggregated information -Aggregated volume -Price | Aggregate Price | Aggregate Volume | Aggregate Total |
| £2.906 | 93,605 | £272,041.77 | ||
| e) | Date of the transaction | 3 October 2023 | ||
| f) | Place of the transaction | N/A |
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