Business
Notifications of transactions by PDMR
Notifications of transactions by PDMR.
About this update from Ceres Power Holdings Plc
[{"type":"text","content":"\n\n10 July 2023\nCeres Power Holdings plc\n(\"Ceres Power\" or \"the Company\")\n \nNotifications of transactions by Person Discharging Managerial Responsibilities ('PDMR')\n \nThe Company was notified on 7 July 2023 that Mark Selby, Chief Innovation Officer and a PDMR of the Company, exercised share options under the Ceres Power 2004 Employees Share Option Scheme and retained the shares. Details are set out below:\n \n\n\n\nName\n\n\nOptions exercised\n\n\nExercise price\n\n\nShareholding after transaction\n\n\n\n\nMark Selby\n\n\n13,181\n\n\n85.4p\n\n\n53,090\n\n\n\n \nAs part of the exercise of options by Mark Selby, he sold 18,000 Employee Shareholder Status (ESS) shares in the Company's subsidiary, Ceres Power Intermediate Holdings Ltd, which were granted as a modification to the unexercised 2004 Employees' Share Scheme options in 2013.\nThe notification of dealing form can be found below.\nThis notification is made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.\n \nNotification of dealing form\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\nMark Selby\n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition/Status\n\n\nChief Innovation Officer, PDMR\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 transaction have been conducted\n\n\n\n\na)\n\n\nDescription of the financial instrument,\ntype of instrument Identification code\n\n\nOrdinary Shares of 10 pence each\nISIN: GB00BG5KQW09\n\n\n\n\nb)\n\n\nNature of the transaction\n\n\nExercise of Share Options under the Ceres Power 2004 Employees Share Option Scheme and the sale of the resulting shares. As part of the exercise of these options, Mark Selby sold 18,000 Employee Shareholder Status (ESS) shares in the Company's subsidiary, Ceres Power Intermediate...