Ceres Power Incentivizes Management with LTIP Awards

Ceres Power Holdings (GB:CWR) has released an update.

Ceres Power Holdings plc has awarded Long Term Incentive Plan (LTIP) share options to its key management personnel with a nominal exercise price, contingent on meeting specific share price and commercial targets over a three-year period followed by a two-year holding period. The options are part of an effort to align the interests of the management with those of shareholders and drive the company’s performance. Ceres Power is recognized for its clean energy technology development and strategic partnerships with global industry leaders.

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