REG - Proton Motor Power - Director/PDMR Shareholding

Proton Motor Power SystemsAnnouncement

30/01/2020 07:01

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RNS Number : 3536B  Proton Motor Power Systems PLC  30 January 2020

 

 

 

 

   30 January 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 27 January
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
366,000 ordinary shares in Proton ("Ordinary Shares") on the Frankfurt stock
exchange at an average price of EUR 0.47 per Ordinary Share and 40,000
Ordinary Shares on the London stock exchange at an average price of GBP 0.4
per Ordinary Share.

 

Following the above transactions SFN holds 591,893,160 Ordinary Shares
representing 88.28 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 0923

 Manfred Limbrunner, Director Sales and Marketing

                                                    www.protonpowersystems.com (http://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).

 

 

 

 

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