Proton Motor Power Systems PLC Holding(s) in Company (2444H)
23 Marzo 2020 - 08:45AM
UK Regulatory
TIDMPPS
RNS Number : 2444H
Proton Motor Power Systems PLC
23 March 2020
Proton Motor Power Systems plc
("Proton" or the "Company")
Holding in Company
Proton Motor Power Systems plc (AIM: PPS), the designer,
developer and producer of fuel cells and fuel cell electric hybrid
systems with a zero-carbon footprint, announces that it has been
informed that, on 18 March 2020, Mr. Falih Nahab sold 3 million
Proton ordinary shares ("Ordinary Shares") at an average price of
EUR 0.27 per Ordinary Share.
As a result of this transaction, Mr Falih Nahab's interest in
the share capital of Proton comprises 165,015,672 Ordinary Shares
held indirectly via his 28 per cent. interest in SFN Cleantech
Investment Ltd and 16,872,500 Ordinary Shares held directly by him
representing respectively 24.57 per cent. and 2.51 per cent. of the
Company's issued share capital.
For further information:
Proton Motor Power Systems plc
Dr Faiz Nahab, CEO
Helmut Gierse, Chairman
Sebastian Goldner, COO/CTO
Roman Kotlarzewski, CFO Tel: +49 (0) 173 189
Manfred Limbrunner, Director Sales 0923
and Marketing www.protonpowersystems.com
Shore Capital
Nominated adviser and broker
Antonio Bossi / David Coaten Tel: +44 (0) 20 7408
4050
www.shorecap.co.uk
About Proton Motor Fuel Cell GmbH
Proton Motor has more than 20 years of experience in Power
Solutions using CleanTech technologies such as hydrogen fuel cells,
fuel cell and hybrid systems with a zero carbon footprint. Based in
Puchheim near Munich, Proton Motor offers complete fuel cell and
hybrid systems from a single source - from the development and
production through the implementation of customized solutions. The
focus of Proton Motor is on back-to-base, for example, for mobile,
marine and stationary solutions applications. The product portfolio
consists of base-fuel cell systems, standard complete systems, as
well as customized systems.
Proton Motor serves IT, Telecoms, public infrastructure and
healthcare customers in Germany, Europe and Middle East with power
supply solutions for DC and AC power demand. In addition to power
supply, SPower also offers solutions for Solar Systems as well as a
new product line for Solar Energy Storage.
Proton Motor Fuel Cells GmbH is a wholly owned subsidiary of
Proton Motor Power Systems plc. The Company has been quoted on the
AIM market of the London Stock Exchange since October 2006 (code:
PPS).
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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