Ceres Power Holdings plc Weichai Equity Investment / Total Voting Rights (0540D)
05 October 2018 - 4:00PM
UK Regulatory
TIDMCWR
RNS Number : 0540D
Ceres Power Holdings plc
05 October 2018
Ceres Power Holdings Plc
("Ceres Power" or the "Company")
Weichai Power Equity Investment
Ceres Power Holdings plc (AIM: CWR) confirms that, further to
the announcement on 24 September 2018, 663,740 new ordinary shares
of 10 pence each ("Ordinary Shares") have been allotted to Weichai
Power at the then agreed subscription price of 150.8p and are
expected to be admitted to trading on AIM on 8 October 2018. This
investment totals GBP1.0 million and was completed under the
provisions of the existing contract and in order to maintain its
current holding level of 10% of the issued share capital.
The allotment will be satisfied using the current shareholder
authorities approved at the last General Meeting.
Total Voting Rights
Following the allotment of 663,740 new Ordinary Shares to
Weichai Power, Ceres Power Holdings plc (AIM: CWR) confirms that as
of 8 October 2018, the Company will have 135,001,693 ordinary
shares of 10 pence each ("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 will
therefore be 135,001,693.
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, please contact:
Ceres Power Holdings plc Tel: +44 (0)1403 273
Richard Preston, CFO 463
Zeus Capital (Nominated Adviser Tel: +44 (0) 20 3829
and Broker) 5000
Andrew Jones / Dom King
Berenberg (Joint Broker) Tel: +44 (0) 203 207
Ben Wright / Mark Whitmore / Laure 7800
Fine
Powerscourt Tel: +44 (0) 20 7250
Peter Ogden/ Niall Walsh 1446
Notes to Editor:
About Ceres Power
Ceres Power is a world leader in low cost, next generation fuel
cell technology for use in distributed power products that reduce
operating costs, lower CO2, SOx and NOx emissions, increase
efficiency and improve energy security. The Ceres Power unique
patented SteelCell(R) technology generates power from widely
available fuels at high efficiency and is manufactured using
standard processing equipment and conventional materials such as
steel, meaning that it can be mass produced at an affordable price
for domestic and business use. Ceres Power offer its partners the
opportunity to develop power systems and products using its unique
SteelCell(R) technology and know-how, combined with the opportunity
to supply the SteelCell(R) in volume through its manufacturing
partners. For further information please visit:
http://www.cerespower.com/
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contact rns@lseg.com or visit www.rns.com.
END
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