REG - Proton Motor Power - Director dealings & Key Person Stock award scheme
08/07/2022 16:00
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RNS Number : 9012R Proton Motor Power Systems PLC 08 July 2022
08 July 2022
Proton Motor Power Systems plc
("Proton" or the "Company")
Director dealings and Key Person Stock award scheme
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 today agreed to issue 1,850,000
new ordinary shares of 0.5 pence each in the capital of the Company ("Ordinary
Shares") under the terms of the Company's Key Person Stock Award scheme (the
"Scheme Shares"), at an issue price of 9.13 pence per Ordinary Share (the
"Issue Price"). 550,000 of the Scheme Shares have been issued to directors of
the Company, as detailed in the table below. Eligible employees and Directors
were invited to subscribe for Scheme Shares at the Issue Price pursuant to the
Company's share schemes, of which a number elected to participate.
Additionally, 136,911 new Ordinary Shares have today been issued, also at the
Issue Price, to Antonio Bossi as payment in lieu of fees (the "Fee Shares"),
as detailed in the table below. In accordance with the terms of his
remuneration contract, Antonio Bossi has been issued Fee Shares in respect of
his director fees for the period from 1 February 2022 to 30 April 2022.
In total, 1,986,911 new Ordinary Shares have been issued by the Company.
Resulting holding
Director Scheme Shares Fee Shares Ordinary Shares held As a percentage of the enlarged share capital Options held
Antonio Bossi - 136,911 309,325 0.01% -
Sebastian Goldner 200,000 - 310,000 0.02% 389,250
Roman Kotlarzewski 250,000 - 600,000 0.04% 500,000
Manfred Limbrunner 100,000 - 235,000 0.02% 4,870,000
Antonio Bossi has indicated that immediately following the allotment to him of
the 136,911 Fee Shares mentioned above, he will transfer the entire holding
into his SIPP.
Application for admission to trading and total voting rights
Application has been made for 1,986,911 new Ordinary Shares to be admitted to
trading on AIM, which is expected to take effect on or around 15 July 2022
("Admission").
Following Admission, the Company's issued share capital will comprise
1,551,542,675 Ordinary Shares. The Company does not hold any Ordinary Shares
in treasury. This figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
share capital of the Company under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.
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 Fee shares
c) Price(s) and volume(s) Price(s) Volume(s)
9.13 136,911
d) Aggregated information:
- Aggregated volume 136,911
- Price 9.13
e) Date of the transaction 8 July 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information:
- Aggregated volume
136,911
- Price
9.13
e)
Date of the transaction
8 July 2022
f)
Place of the transaction
Outside a trading venue
2. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Sebastian Goldner
2. Reason for the Notification
a) Position/status Chief Technical and Operations Officer
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 Key Person Stock Award scheme
c) Price(s) and volume(s) Price(s) Volume(s)
9.13 200,000
d) Aggregated information:
- Aggregated volume 200,000
- Price 9.13
e) Date of the transaction 8 July 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information:
- Aggregated volume
200,000
- Price
9.13
e)
Date of the transaction
8 July 2022
f)
Place of the transaction
Outside a trading venue
3. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Roman Kotlarzewski
2. Reason for the Notification
a) Position/status Group Finance 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 Key Person Stock Award scheme
c) Price(s) and volume(s) Price(s) Volume(s)
9.13 250,000
d) Aggregated information:
- Aggregated volume 250,000
- Price 9.13
e) Date of the transaction 8 July 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information:
- Aggregated volume
250,000
- Price
9.13
e)
Date of the transaction
8 July 2022
f)
Place of the transaction
Outside a trading venue
4. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Manfred Limbrunner
2. Reason for the Notification
a) Position/status Sales and Marketing 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 Employee share purchase scheme
c) Price(s) and volume(s) Price(s) Volume(s)
9.13 100,000
d) Aggregated information:
- Aggregated volume 100,000
- Price 9.13
e) Date of the transaction 8 July 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information:
- Aggregated volume
100,000
- Price
9.13
e)
Date of the transaction
8 July 2022
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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