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TRADING UPDATES: Ceres Power eyes move to Main Market by mid-2022
Wed, 17th Mar 2021 18:40
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Ceres Power Holdings PLC - Horsham, West Sussex-based solid oxide fuel cell developer - Proposes placing and subscription to raise GBP180m million via PrimaryBid. Says the net proceeds will be used to accelerate its investment in the development and potential commercialisation of its solid-oxide electrolysis technology. This will help expand the company s presence in the green hydrogen production market. Intends to explore a move to the London Stock Exchange s Main Market by mid-2022.