Proton Motor Power Systems PLC Director/PDMR Shareholding (0079T)
15 Julio 2020 - 1:00AM
UK Regulatory
TIDMPPS
RNS Number : 0079T
Proton Motor Power Systems PLC
15 July 2020
15 July 2020
Proton Motor Power Systems plc
("Proton" or the "Company")
Holding in Company and Director dealing
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 9 and 10 July 2020, SFN Cleantech Investment Ltd
("SFN"), a company in which Dr Faiz Nahab, CEO of the Company, has
a 2% interest in the issued share capital, sold 264,250 ordinary
shares in Proton ("Ordinary Shares") on the Frankfurt Stock
Exchange at an average price of EUR 0.93 per Ordinary Share and
164,913 Ordinary Shares on the London Stock Exchange at an average
price of GBP 0.83 per Ordinary Share.
Following the above transactions and admission to AIM of the new
shares deriving from a loan conversion announced on 10 July 2020
which is due to occur later this morning, SFN will hold 608,912,523
Ordinary Shares representing 83.2 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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