REG - Proton Motor Power - Director dealing

Proton Motor Power SystemsAnnouncement

27/01/2023 16:15

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RNS Number : 1556O  Proton Motor Power Systems PLC  27 January 2023

27 January 2023

 

Proton Motor Power Systems plc

("Proton" or the "Company")

 

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, has today been informed that, further to the
announcement on 21 December 2022, Antonio Bossi, a non-executive director of
the Company, has today transferred 135,000 ordinary shares in Proton
("Shares") into his SIPP at a price of 12.5p per Share. Following the
transfer, Antonio Bossi's beneficial interest in the share capital of the
Company remains unchanged at 498,004 ordinary shares, equivalent to
approximately 0.03% of the Company's total issued share capital. Antonio Bossi
intends to transfer the remaining 53,679 ordinary shares in Proton issued to
him on 21 December 2022 into his SIPP in due course.

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them:

 

 1.    Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                                                         Antonio Bossi
 2.    Reason for the Notification
 a)    Position/status                                              Non-Executive Director
 b)    Initial notification/Amendment                               Initial Notification
 3.    Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                                         Proton Motor Power Systems Plc
 b)    LEI                                                          213800TRXTSRGG8J2P59
 4.    Details of the transaction(s): section to be repeated for (i) each type of
       instrument; (ii) each type of transaction; (iii) each date; and (iv) each
       place where transactions have been conducted
 a)    Description of the Financial instrument, type of instrument  Ordinary shares of GBP0.005

       Identification code                                          ISIN: GB00BP83GZ24
 b)    Nature of the transaction                                    Transfer of shares into SIPP
 c)    Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                    12.5p     135,000

 
 d)    Aggregated information:
       -  Aggregated volume                                         135,000
       -  Price                                                     12.5p
 e)    Date of the transaction                                      27 January 2023
 f)    Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information:

-  Aggregated volume

135,000

-  Price

12.5p

e)

Date of the transaction

27 January 2023

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

 

 

 

 

 

 

For further information:

 

 Proton Motor Power Systems Plc
 Dr Faiz Nahab, CEO
 Helmut Gierse,
 Chairman
 Roman Kotlarzewski, CFO                                                                                                                                                                                +49 (0) 173 189 0923
 Antonio Bossi, Non-Executive Director
 Investor relations:                                                                                                                                                                                    www.protonpowersystems.com

                                                                                                                                                                                                        investor-relations@proton-motor.de

 Allenby Capital Limited
 Nominated Adviser & Broker                                                                                                                                                                             +44 (0) 20 3328 5656
 James Reeve / Vivek Bhardwaj

 

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 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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