TIDMPPS

RNS Number : 6164H

Proton Motor Power Systems PLC

05 August 2021

 
        5 August 2021 
 

Proton Motor Power Systems plc

("Proton Motor" or the "Company")

Directorate Change

Proton Motor Power Systems plc (AIM: PPS), Europe's leading designer, developer and producer of hydrogen fuel cells and electric hybrid systems with a zero-carbon footprint, announces the appointment of Antonio Bossi as a Non-Executive Director with immediate effect.

Antonio Bossi is an experienced corporate financier and broker who started his professional career with ING Barings in 1996. Since 2003, he has been specialising in advising and raising funds for companies quoted on AIM and listed on the Official List with a particular focus on the renewable and alternative energy sector. Until recently, while employed at Shore Capital which is Nominated Adviser to Proton Motor, he acted as Qualified Executive. Antonio will have specific responsibility for the Company's corporate affairs, compliance and investor relations working alongside Brendan Bilton in enhancing the awareness of the Company within the investor community.

Dr. Nahab, CEO of Proton Motor, commented : "Having worked with Antonio as an adviser for many years, w e are delighted to have been able to continue to secure his services and welcome him to the Board. He brings a wealth of knowledge and experience in UK capital markets, corporate governance and public market regulations and we look forward to continue to work with him."

For further information:

 
 Proton Motor Power Systems plc 
 Dr Faiz Nahab, CEO 
  Helmut Gierse, Chairman 
  Brendan Bilton, Investor and Business     Tel.: +44 (0) 7866 122678 
  Relations 
  Sebastian Goldner, COO/CTO                Tel: +49 (0) 173 189 0923 
  Roman Kotlarzewski, CFO 
  Manfred Limbrunner, Director Sales        www.protonmotor-powersystems.com 
  and Marketing                             investor-relations@proton-motor.de 
 Shore Capital 
  Nominated adviser and broker 
 Tom Griffiths / David Coaten             Tel: +44 (0) 20 7408 4050 
                                           www.shorecap.co.uk 
 

Antonio Bossi (age 53) has no beneficial interest in the ordinary shares of the Company and holds the following current directorships/partnerships:

   -      Immobiliare Venilia srl 
   -      6/7 Vicarage Gate Ltd 
   -      Margherita Seconda di Anna e Antonio Bossi & C snc 

There are no other disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

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, stationary and rail 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 Cell 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).

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END

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August 05, 2021 02:00 ET (06:00 GMT)

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