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Ceres Power Holdings PLC

Director's Dealing Oct 12, 2022

6312_dirs_2022-10-12_fb654b9a-58b2-44e9-b386-acfe6d108c36.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 6728C

Ceres Power Holdings plc

12 October 2022

12 October 2022

Ceres Power Holdings plc

("Ceres Power" or "the Company")

Notifications of transactions by Persons Discharging Managerial Responsibilities

(together 'PDMRs')

The Company was notified on 12 October 2022 that the following PDMR acquired ordinary shares of 10 pence each ('Shares') in the Company on 11 October 2022.

PDMR Number of Shares acquired Share Price Total holding following acquisition
Eric Lakin 5,991 333.5919p 5,991

The notification of dealing form can be found below.

This notification is made in accordance with the requirements of the UK Market Abuse Regulation.

Notification of dealing form

1 Details of the person discharging managerial responsibilities/ person closely associated
a) Name Eric Lakin
2 Reason for the notification
a) Position/Status PDMR
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Ceres Power Holdings plc
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 transaction have been conducted
a) Description of the financial instrument,

type of instrument Identification code
Ordinary Shares of 10 pence each

ISIN: GB00BG5KQW09
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volume (s) Price(s) Volume(s)
333.5919p 5,991
d) Aggregated information

-Aggregated volume

-Price
Aggregate Price Aggregate Volume Aggregate Total
333.5919p 5,991 £19,985.49
e) Date of the transaction 11 October
f) Place of the transaction XLON

For further information visit www.ceres.tech or contact:

Ceres Power Holdings plc

Marianne Millard (Deputy Company Secretary)
Tel: +44 (0)7752 470802
Investec Bank PLC (NOMAD & Joint Broker)

Jeremy Ellis/ Patrick Robb/ Ben Griffiths
Tel: +44 (0)207 597 5970
Berenberg (Joint Broker)

Ben Wright/ Mark Whitmore
Tel: +44 (0)203 207 7800
FTI Consulting (PR Adviser)

Dwight Burden
Tel: +44 (0)203 727 1000

Email: [email protected]

About Ceres Power

Ceres is a world-leading developer of electrochemical technologies: fuel cells for power generation, electrolysis for the creation of green hydrogen and energy storage. 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 Korea, to develop systems and products that address climate change for power generation, transportation, industry, data centres and everyday living.  Ceres 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.

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