REG - Proton Motor Power - Director dealing

Proton Motor Power SystemsAnnouncement

26/03/2024 07:15

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RNS Number : 2369I  Proton Motor Power Systems PLC  26 March 2024

26 March 2024

 

Proton Motor Power Systems plc

("Proton Motor" or the "Company")

 

Director dealing

 

Proton Motor Power Systems plc (AIM: PPS), the designer and producer of
hydrogen fuel cells and hydrogen fuel cell electric hybrid systems with a
zero-carbon footprint, announces that it was informed on 25 March 2024 that
Antonio Bossi, a non-executive director of the Company, transferred 762,487
ordinary shares of 0.5 pence each in the capital of the Company ("Ordinary
Shares") into his SIPP on 25 March 2024 at a sale price of 0.025p per Ordinary
Share and a purchase price of 0.02502p per Ordinary Share. Following the
transfer, Antonio Bossi's beneficial interest in the share capital of the
Company remains unchanged at 1,206,812 Ordinary Shares, equivalent to
approximately 0.07 per cent. of the Company's total issued share capital.

 

For further information:

 

 Proton Motor Power Systems Plc
 Dr Faiz Nahab, CEO
 Roman Kotlarzewski, CFO                              +49 (0) 173 189 0923
                                                      www.protonpowersystems.com
 Allenby Capital Limited
 Nominated Adviser & Broker                           +44 (0) 20 3328 5656
 James Reeve / Vivek Bhardwaj

 Celicourt Communications
 PR Adviser                                           +44 (0) 20 7770 6424 / protonmotor@celicourt.uk
 Mark Antelme / Philip Dennis

 

About Proton Motor

 

Proton Motor has 25 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 develops
and produces standard Products as well as customised solutions.  The focus of
Proton Motor is on stationary solutions, as well as mobile, marine and rail
applications.  The product portfolio consists of base-fuel cell systems,
standard complete, as well as customised systems.

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).

 

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 GBP 0.005 each in Proton Motor Power Systems Plc

       Identification code                                          ISIN: GB00BP83GZ24
 b)    Nature of the transaction                                    Sale and purchase of Ordinary Shares into SIPP

 c)    Price(s) and volume(s)                                       Price(s)                       Volume(s)
                                                                    Sale price: 0.025 pence        762,487 Ordinary Shares sold
                                                                    Purchase price: 0.02502 pence  762,487 Ordinary Shares purchased into SIPP

 
 d)    Aggregated information:
       -  Aggregated volume                                         762,487 Ordinary Shares sold

                                                                    762,487 Ordinary Shares purchased into SIPP
       -  Price                                                     Sale price: 0.025 pence

                                                                    Purchase price: 0.02502 pence
 e)    Date of the transaction                                      25 March 2024
 f)    Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information:

-  Aggregated volume

762,487 Ordinary Shares sold

762,487 Ordinary Shares purchased into SIPP

-  Price

Sale price: 0.025 pence

Purchase price: 0.02502 pence

e)

Date of the transaction

25 March 2024

f)

Place of the transaction

Outside a trading venue

 

 

 

 

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