REG - Proton Motor Power - Last day of dealings on AIM

Proton Motor Power SystemsAnnouncement

14/02/2025 07:15

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RNS Number : 0866X  Proton Motor Power Systems PLC  14 February 2025

14 February 2025

 

Proton Motor Power Systems plc

("Proton Motor" or the "Company")

 

Last day of dealings on AIM

 

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, further to the announcement on 7
February 2025,  today is the last day of dealings in the Company's ordinary
shares on AIM and the Company's ordinary shares will be cancelled from trading
on AIM at 7.00 a.m. on 17 February 2025.

 

Following Cancellation becoming effective, there will be no market facility
for dealing in the Ordinary Shares and no price will be publicly quoted for
Ordinary Shares as from close of business today. As such, interests in
Ordinary Shares are unlikely thereafter to be readily capable of sale and
where a buyer is identified, it may be difficult to place a fair value on any
such sale. While there can be no guarantee that Shareholders will be able to
sell any Ordinary Shares, any Shareholder seeking to do so following the
Cancellation should contact the Company in writing by post to the registered
office of the Company, addressed to: Proton Motor Power Systems plc, C/O
Womble Bond Dickinson (UK) LLP, 4 More London Riverside, London, England SE1
2AU or by email to: company.secretary@protonmotor-powersystems.com or
alternatively to r.kotlarzewski@proton-motor.de. The Company will then be able
to advise as to whether the Directors are aware of any prospective buyers for
any Ordinary Shares which the holder thereof wishes to sell at that time.

 

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 /

 Charlie Denley-Myerson

 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 heavy-duty, 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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