Business
Launch of Retail Offer by PrimaryBid
Launch of Retail Offer by PrimaryBid.
About this update from Ceres Power Holdings Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6212S\n Ceres Power Holdings plc\n 17 March 2021\n \n \n \n \n \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE, TRANSMISSION, DISTRIBUTION OR FORWARDING DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, TRANSMISSION, RELEASE, DISTRIBUTION OR FORWARDING WOULD BE UNLAWFUL\n \n \n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 (AS TRANSPOSED INTO THE LAWS OF THE UNITED KINGDOM) (MAR), AND IS DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF MAR.\n \n \n \n THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF \n \n \n CERESCERES POWER HOLDINGS PLC.\n \n \n \n THIS ANNOUNCEMENT AMOUNTS TO A FINANCIAL PROMOTION FOR THE PURPOSES OF SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (\"FSMA\") AND HAS BEEN APPROVED BY PRIMARYBID LIMITED WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FRN 779021)\n \n \n \n \n \n \n \n \n \n \n \n \n 17 March 2021\n \n \n \n \n \n Ceres Power Holdings PLC\n \n \n (\"\n \n Ceres\n \n \" or the \"Group\" or the \"\n \n Company\n \n \") (LON: CWR.L)\n \n \n PrimaryBid Offer\n \n \n \n \n \n Ceres Power Holdings PLC\n (\n \n LON: CWR.L\n \n ), a global leader in fuel cell and electrochemical technology, \n is pleased to announce, a conditional offer for subscription via PrimaryBid (the \"PrimaryBidOffer\") of new ordinary shares of \n 10 \n pence each in the capital of the Company (\"New Ordinary Shares\").\n \n \n The Company is also conducting a placing of new Ordinary Shares at the Placing Price by way of an accelerated bookbuild process\n (the \"Placing\") as announced today and has agreed to further subscriptions from Robert Bosch GmbH (\"Bosch\") and certain Directors of the Company, and a subscription from Weichai Power\n \n Hong Kong International Development Co., Limited (\"Weichai\"), conditional on certain PRC governmental...