Regulatory Story
Go to market news section View chart   Print
Company Ceres Power Holdings plc
TIDM CWR
Headline

Grant of Share Options

Released 07:00 24-Dec-2013
Number 2853W07

RNS Number : 2853W
Ceres Power Holdings plc
24 December 2013
 



 

24 December 2013

 

Ceres Power Holdings plc ("Ceres" or the "Company")

 

Grant of Share Options under Sharesave Scheme

 

Ceres announces the grant of options on 23 December 2013 under the Ceres Power Sharesave Scheme (the "scheme").  The scheme is an 'all employee share scheme' which is available 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. 

A total of 3,112,153 options to purchase ordinary shares of 1 pence have been granted.  These options will be exercisable between 1 February 2017 and 31 July 2017 at an exercise price of 6.28p per share.

Under the scheme, Phil Caldwell and Richard Preston, the Company's Executive Directors, have each been granted 143,312 options to purchase ordinary shares of 1 pence each in the Company.  

 

For further information contact:

 

Ceres Power Holdings plc

Phil Caldwell, Chief Executive

Richard Preston, Finance Director

Tel. +44 (0)1403 273463

Nplus1 Singer Advisory LLP

Andrew Craig/Ben Wright

Tel. +44 (0) 20 7496 3000

Tavistock Communications

Mike Bartlett / James Collins

Tel. +44 (0) 20 7920 3150

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCNKNDDOBDDCBB
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Grant of Share Options - RNS