tiprankstipranks
Ceres Power Applies for Block Listing on LSE to Boost Growth
Company Announcements

Ceres Power Applies for Block Listing on LSE to Boost Growth

Story Highlights

Stay Ahead of the Market:

Ceres Power Holdings ( (GB:CWR) ) has provided an announcement.

Ceres Power Holdings has applied for a block listing of 1,100,000 ordinary shares on the London Stock Exchange, expected to be effective from January 16, 2025. This move aligns with Ceres’ strategic growth initiatives, potentially enhancing its market operations and stakeholder engagement as it continues to expand its clean energy technology offerings.

More about Ceres Power Holdings

Ceres Power Holdings is a leading developer of clean energy technology, specializing in electrolysis for green hydrogen production and fuel cells for power generation. The company operates an asset-light, licensing model and partners with major global corporations like Bosch, Doosan, and Shell. Ceres is committed to decarbonizing industries by producing high-efficiency green hydrogen and is recognized by the London Stock Exchange Green Economy Mark.

YTD Price Performance: -3.45%

Average Trading Volume: 708,364

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £326.6M

See more insights into CWR stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App