REG - Proton Motor Power - Issue of Equity and Total Voting Rights

Proton Motor Power SystemsAnnouncement

08/03/2024 07:00

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RNS Number : 0744G  Proton Motor Power Systems PLC  08 March 2024

8 March 2024

 

Proton Motor Power Systems plc

("Proton Motor" or the "Company")

 

Issue of Equity and Total Voting Rights

 

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, further to the Company's notification
on 5 March 2024, application has now been made for 2,090,108 new Ordinary
Shares, comprising the Fee Shares to be issued to Helmut Gierse and the Scheme
Shares, to be admitted to trading on AIM ("Admission"). Admission is expected
to take effect on or around 13 March 2024.

 

Total voting rights

 

Following Admission, the Company's issued share capital will comprise
1,661,751,046 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.

 

Terms used but not defined in this announcement have the same meaning as set
out in the Company's announcement released at 16:21 on 5 March 2024.

 

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).

 

 

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