Ceres Power Holdings plc (LON:CWR) confirmed today that, further to the announcement on 24 September 2018, 663,740 new ordinary shares of 10 pence each 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 £1.0 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 confirms that as of 8 October 2018, the Company will have 135,001,693 ordinary shares of 10 pence each 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.
