Business
Grant of Share Options under Sharesave Scheme
Grant of Share Options under Sharesave Scheme.
About this update from Ceres Power Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 4603X Ceres Power Holdings plc 30 April 2019 \n\n30 April 2019\n \nCeres Power Holdings plc\n(\"Ceres Power\" or the \"Company\")\n \nGrant of Share Options under the Sharesave Scheme\nCeres Power Holdings plc (AIM: CWR) announces the grant of options on 29 April 2019 under the Ceres Power 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.\nOptions to purchase a total of 581,543 ordinary shares of 10 pence of the Company (\"Ordinary Shares\") have been granted. These options will be exercisable between 1 June 2022 and 30 November 2022 at an exercise price of 126.6p per share.\nIncluded in the above is the grant of options to the following Persons Discharging Managerial Responsibilities (\"PDMR\"):\nPhil Caldwell (CEO) 7,109; Richard Preston (CFO) 7,109; Mark Selby (CTO) 14,218; and James Falla (COO) 14,218.\nThe notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.\n \n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities/person closely associated\n\n\n\n\na)\n\n\nName\n\n\nPhilip Caldwell\n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition/status\n\n\nChief Executive Officer, Director\n\n\n\n\nb)\n\n\nInitial notification/Amendment\n\n\nInitial Notification\n\n\n\n\n3\n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\nCeres Power Holdings plc\n\n\n\n\nb)\n\n\nLEI\n\n\n213800N7AAHSXQUOA733\n\n\n\n\n4\n\n\nDetails 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\na)\n\n\nDescription of the financial instrument, type of instrument\nIdentification code\n\n\nSharesave options over 10p ordinary shares ...