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Ceres Power Holdings - Block Admission Application

RNS Number : 9339A
Ceres Power Holdings plc
27 January 2020

27 January 2020


Ceres Power Holdings plc

("Ceres Power" or the "Company")


Block Admission Application


The Company has made an application to the London Stock Exchange Plc for a block admission of 209,443 Ordinary Shares of 10 pence each ("Ordinary Shares").  These Ordinary Shares will be allotted in accordance with the exercise of options under the Sharesave scheme.

It is expected that the block admission will become effective on 30 January 2020. The Ordinary Shares, when issued, shall rank equally with the Company's existing issued Ordinary Shares.

The Company's current issued share capital will not change as a result of the block admission.



For further information, please contact:


Ceres Power Holdings plc

Richard Preston

Tel: +44 (0)1403 273 463


Investec Bank PLC (NOMAD & Joint Broker)

Jeremy Ellis / Patrick Robb


Tel: +44 (0)207 597 5970


Berenberg (Joint Broker)

Ben Wright / Mark Whitmore


Tel: +44 (0) 203 207 7800


Powerscourt (Financial PR)

Peter Ogden / James White


Tel: +44 (0) 20 7250 1446



Notes to Editors:


About Ceres Power

Ceres Power (http://www.cerespower.com) is a world-leading developer of low cost, next generation solid oxide fuel cell ("SOFC") technology. Its asset-light licensing model has seen it establish partnerships with some of the world's largest engineering and technology companies, such as Weichai in China, Bosch in Germany, Miura in Japan, and Doosan in South Korea, to develop systems and products that address climate change and air quality challenges for transportation, industry, data centres and everyday living.  Ceres Power is listed on the AIM market of the London Stock Exchange ("LSE") (AIM: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

Quick facts: Ceres Power Holdings PLC

Price: 617

Market: LSE
Market Cap: £1.05 billion

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