Business
Grant of Share Options
Grant of Share Options.
About this update from Ceres Power Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 2853W Ceres Power Holdings plc 24 December 2013 \n \n\n \n24 December 2013\n \nCeres Power Holdings plc (\"Ceres\" or the \"Company\")\n \nGrant of Share Options under Sharesave Scheme\n \nCeres announces the grant of options on 23 December 2013 under the Ceres Power Sharesave Scheme (the \"scheme\"). The scheme is an 'all employee share scheme' which is available 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. \nA total of 3,112,153 options to purchase ordinary shares of 1 pence have been granted. These options will be exercisable between 1 February 2017 and 31 July 2017 at an exercise price of 6.28p per share. \nUnder the scheme, Phil Caldwell and Richard Preston, the Company's Executive Directors, have each been granted 143,312 options to purchase ordinary shares of 1 pence each in the Company. \n \nFor further information contact:\n \n\n\n\n\nCeres Power Holdings plc\nPhil Caldwell, Chief Executive\nRichard Preston, Finance Director\n\n\nTel. +44 (0)1403 273463\n\n\n\n\nNplus1 Singer Advisory LLP\nAndrew Craig/Ben Wright\n\n\nTel. +44 (0) 20 7496 3000\n\n\n\n\nTavistock Communications\nMike Bartlett / James Collins\n\n\nTel. +44 (0) 20 7920 3150\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCNKNDDOBDDCBB\n ","length":2904,"tagName":"div"}]