Grant of Share Options under the Sharesave Scheme
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Horsham, UK: Ceres Power Holdings plc (CWR.L), a leading developer of clean energy technology, confirms the grant of options on 13 June 2025 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 2,994,376 ordinary shares of 10 pence of the Company ("Ordinary Shares") have been granted. These options will be exercisable between 1 July 2028 and 31 December 2028 at an exercise price of 71.15p per share.
The following grants were made to Persons Discharging Managerial Responsibilities ("PDMRs"):
| Name | Position | Opti ons Granted |
|---|---|---|
| Phil Caldwell | Chief Executive Officer | 12,930 |
| Nick Lawrence | Chief Product Officer | 25,860 |
| Michelle Traynor | Chief People Officer | 25,860 |
The notification of dealing forms can be found below.
| 1 | Details of the person discharging managerial responsibilities/ person closely associated | |||
| a) | Name | Phil Caldwell | ||
| 2 | Reason for the notification | |||
| a) | Position/Status | PDMR | ||
| 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 | Sharesave options over Ordinary Shares of 10 pence each 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) | |
| 71.15p | 12,930 | |||
| d) | Aggregated information -Aggregated volume -Price | Aggregate Price | Aggregate Volume | Aggregate Total |
| 71.15p | 12,930 | £9,199.70 | ||
| e) | Date of the transaction | 13 June 2025 | ||
| f) | Place of the transaction | N/A | ||
| 1 | Details of the person discharging managerial responsibilities/ person closely associated | |||
| a) | Name | Nick Lawrence | ||
| 2 | Reason for the notification | |||
| a) | Position/Status | PDMR | ||
| 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 | Sharesave options over Ordinary Shares of 10 pence each 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) | |
| 71.15p | 25,860 | |||
| d) | Aggregated information -Aggregated volume -Price | Aggregate Price | Aggregate Volume | Aggregate Total |
| 71.15p | 25,860 | £18,399.39 | ||
| e) | Date of the transaction | 13 June 2025 | ||
| f) | Place of the transaction | N/A | ||
| 1 | Details of the person discharging managerial responsibilities/ person closely associated | |||
| a) | Name | Michelle Traynor | ||
| 2 | Reason for the notification | |||
| a) | Position/Status | PDMR | ||
| 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 | Sharesave options over Ordinary Shares of 10 pence each 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) | |
| 71.15p | 25,860 | |||
| d) | Aggregated information -Aggregated volume -Price | Aggregate Price | Aggregate Volume | Aggregate Total |
| 71.15p | 25,860 | £18,399.39 | ||
| e) | Date of the transaction | 13 June 2025 | ||
| f) | Place of the transaction | N/A |
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