REG - Proton Power Systems - Director/PDMR Shareholding

Proton Motor Power SystemsAnnouncement

25/09/2019 16:00

RNS Number : 6828N
Proton Power Systems PLC
25 September 2019
 


 
 
 
 

 
Proton Power Systems plc
 
("Proton" or the "Company")
 
Holding in Company and Director dealing
 
Proton 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 been informed that, between 6 and 24 September 2019, 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 385,000 ordinary shares in Proton ("Ordinary Shares") on the Frankfurt stock exchange at an average price of EUR 0.2821 per Ordinary Share and 15,000 ordinary shares in Proton ("Ordinary Shares") on the London stock exchange at an average price of GBP 0.25 per Ordinary Share
Following the above transaction SFN holds 595,879,682 Ordinary Shares representing 91.9 per cent of the Company's issued share capital.
 
 
 
For further information:




Proton Power Systems plc


 




Dr Faiz Nahab, CEO
Helmut Gierse, Chairman
Sebastian Goldner, COO/CTO
Roman Kotlarzewski, CFO
Manfred Limbrunner, Director Sales and Marketing


 
 
 
Tel: +49 (0) 173 189 0923
 
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 wholly owned subsidiary of Proton 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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