CERES POWER HOLDINGS PLC (CWR)

CERES POWER HOLDINGS PLC (CWR)

Seminars

ShareSoc Growth Company Seminar, London, May 2016

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AGM Reports

Ceres Power (CWR) EGM Report 2012

Background I have been an investor in Ceres (AIM:CWR), the fuel cell company, since 2005. In January 2008 Centrica subscribed for 10% of the company’s shares at price of 300p/share, raising £20m. Soon after that, the company published plans to launch a microCHP (mCHP) unit in volume, incorporating its fuel cells, in 2H2011. In November 2009 the company raised an additional £31.35m at a share price of 165p via a further placing to institutional investors. Following these placings (and after some minor option exercises), there were 86.2m shares ...