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Ceres Power Holdings plc applied for a block listing of 3,819,218 Ordinary Shares to be admitted to the London Stock Exchange's Main Market, with admission expected on 4 January 2024. These shares are for future allotment under the company's EMI Option, Sharesave, and Long Term Incentive plans. As of 22 December 2023, Ceres Power confirmed it had 192,968,096 Ordinary Shares in issue, each with one voting right.
| Date | 22 Dec 2023 |
| Time | 07:00:03 |
| Category | Capital structure |
| ID | 6689X |
22 December 2023
Ceres Power Holdings plc
("Ceres Power" or "the Company")
Block Listing Application for Listing and Total Voting Rights
Block Listing Application
The Company announces a block listing application has been made for 3,819,218 Ordinary Shares of 10 pence each ("Ordinary Shares") to be admitted to listing on the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange (the "Block Listing Shares").
The Block Listing Shares will be allotted from time to time in accordance with the exercise of options under the following Company plans:
|
EMI Option Scheme |
868,147 |
|
Sharesave Scheme |
65,359 |
|
Long Term Incentive Plan |
2,885,713 |
It is expected that admission of the Block Listing Shares will become effective on 4 January 2024.
The Block Listing Shares, when issued, shall rank equally with the Company's existing issued Ordinary Shares.
Total Voting Rights
Ceres Power confirms that as at 22 December 2023, the Company had 192,968,096 Ordinary Shares in issue, with one voting right each.
The Company does not hold any shares in treasury. The number of Ordinary Shares with voting rights is therefore 192,968,096.
Accordingly, these figures may be used by shareholders as a denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the Company, under the Disclosure and Transparency Rules.
For further information visit www.ceres.tech or contact:
|
Ceres Power Holdings plc Marianne Millard (Deputy Company Secretary)
|
Tel: +44 7752 470802 |
|
FTI Consulting (PR Adviser) Dwight Burden |
Tel: +44 (0)203 727 1000 |
About Ceres Power
Ceres is a leading developer of clean energy technology; electrolysis for the creation of green hydrogen and fuel cells for power generation. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest companies, such Bosch, Doosan, Shell and Weichai. Ceres' solid oxide platform technology supports greater electrification of our energy systems and produces green hydrogen at high-efficiencies as a route to decarbonise emissions-intensive industries such as steelmaking, cement and future fuels. Ceres is listed on the London Stock Exchange ("LSE") (LSE: 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.