Grant of Share Options under the Sharesave Scheme
Ceres Power Holdings plc announced on May 8, 2026, the grant of share options under its Sharesave Scheme to all employees, with a total of 376,277 ordinary shares granted. These options are exercisable between June 1, 2029, and November 30, 2029, at an exercise price of £2.4352 per share. Notably, the Chief Executive Officer received options for 3,736 shares, and the Chief Financial Officer received options for 7,473 shares, with the total value of options granted to these individuals amounting to £9,097.91 and £18,198.25 respectively.
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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 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 | 3,736 |
| Stuart Paynter | C hief Financial Officer | 7,473 |
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 | Chief Executive Officer |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Ceres Power Holdings plc |
| b) | LEI | 213800N7AAHSXQUOA733 |
| 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 |
| a) | Name | Ceres Power Holdings plc |
| b) | LEI | 213800N7AAHSXQUOA733 |
| 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 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.