07:00 Tue 11 Aug 2020
Ceres Power Holdings - Director’s Dealing
Director's Dealing
The Company remuneration policy on PDMR shareholding is that the CEO should hold a minimum of 150% of salary in shares and exercisable share options, and all other Directors and PDMRs a minimum of 100% of salary. This policy helps to ensure that the interests of the investors remain aligned with those of Directors and management. Following the above transaction, each PDMR retains a combined value of shareholdings and exercisable options significantly above these thresholds.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | | | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-Executive Director, Senior Independent Director | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | | | ||||
b) | LEI | 213800N7AAHSXQUOA733 | ||||
4 | Details 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 | |||||
a) | Description of the financial instrument, type of instrument Identification code | 10p ordinary shares
ISIN GB00BG5KQW09 | ||||
b) | Nature of the transaction | Sale of shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information |
| ||||
e) | Date of the transaction | | ||||
f) | Place of the transaction | N/A |
- Ends -
For further information, please contact:
Elizabeth Skerritt |
| Tel: +44 (0)1403 273 463 |
Jeremy Ellis / Patrick Robb |
|
Tel: +44 (0)207 597 4000 |
Berenberg (Joint Broker) Ben Wright / Mark Whitmore |
|
Tel: +44 (0) 203 207 7800 |
Powerscourt Peter Ogden / James White |
|
Tel: +44 (0) 20 7250 1446 |
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This information is provided by RNS, the news service of the
Quick facts: Ceres Power Holdings PLC
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Market: LSE
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