Business
Director's Dealing
Director's Dealing.
About this update from Ceres Power Holdings Plc
[{"type":"text","content":"\n \n \n RNS Number : 7129V\n Ceres Power Holdings plc\n 11 August 2020\n \n \n \n \n 11 August 2020\n \n \n Ceres Power Holdings plc (AIM:CWR)\n \n Director's Dealing\n \n Ceres Power Holdings plc (the \"Company\"), a global leader in fuel cell technology and engineering, announces that Steve Callaghan, Senior Independent Director, sold 200,000 shares on 10 August 2020 at an average sale price of 507.95p. He retains 139,919 shares in the Company. \n \n The Company remuneration policy on PDMR shareholding is that the CEO should hold a minimum of 150% of salary in shares and exercisable share options, and all other Directors and PDMRs a minimum of 100% of salary. This policy helps to ensure that the interests of the investors remain aligned with those of Directors and management. Following the above transaction, each PDMR retains a combined value of shareholdings and exercisable options significantly above these thresholds. \n \n \n The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.\n \n \n \n \n \n 1\n \n \n Details of the person discharging managerial responsibilities/person closely associated\n \n \n \n \n a)\n \n \n Name\n \n \n Stephen Callaghan\n \n \n \n \n 2\n \n \n Reason for the notification\n \n \n \n \n a)\n \n \n Position/status\n \n \n Non-Executive Director, Senior Independent Director\n \n \n \n \n b)\n \n \n Initial notification/Amendment\n \n \n Initial Notification\n \n \n \n \n 3\n \n \n Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n \n \n \n \n a)\n \n \n Name\n \n \n Ceres Power Holdings plc\n \n \n \n \n b)\n \n \n LEI\n \n \n \n 213800N7AAHSXQUOA733\n \n \n \n \n \n 4\n \n \n 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\n \n \n \n \n a)\n \n \n Description of the financial instrument, type of instrument\n Identification code\n \n \n \n 10p ordinary shares \n \n \n ISIN GB00BG5KQW09\n \n \n \n \n b)\n \n \n Nature of the transaction\n \n \n Sale of shares\n \n \n \n \n c)\n \n \n Price(s) and volume(s) \n \n \n \n \n \n \n Sales price\n \n \n Volume\n...