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PPS Proton Motor Power Systems Plc

2.45
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Proton Motor Power Systems Plc LSE:PPS London Ordinary Share GB00BP83GZ24 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.45 2.30 2.60 2.45 2.45 2.45 381,228 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Elec Indl Apparatus, Nec 2.09M -18.9M -0.0122 -2.01 38.01M

Proton Power Systems PLC Result of AGM (9067Z)

01/06/2016 12:15pm

UK Regulatory


Proton Motor Power Systems (LSE:PPS)
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TIDMPPS

RNS Number : 9067Z

Proton Power Systems PLC

01 June 2016

 
 
 

Proton Power Systems plc

("Proton Power" or the "Company")

Result of AGM

Proton Power Systems plc (AIM: PPS), a Clean Tech total power solution provider, uniquely the designer, developer and producer of fuel cells and fuel cell electric hybrid systems, announces that at the Company's Annual General Meeting held on 1 June 2016 all resolutions put to shareholders were duly passed.

At the meeting Ian Peden, Chairman of Proton Power, said: "Proton Power has moved into the commercialisation phase during 2016 and beyond with a very strong EUR2.5m order book. The key strength of Proton Power is the "blue chip" relationships we have with the major players in the clean power solutions industry. This will form the foundation of our future revenue streams. The recent signature of a seven year framework agreement shows the confidence in Proton Power's technology and demonstrates its capability in clean tech power solutions"

- Ends -

For further information:

 
 Proton Power Systems plc 
 Dr Faiz Nahab, CEO 
 Achim Loecher, FD                 Tel: +49 (0) 89 127 
  Ian Peden, Chairman                          626 550 
                                  Tel: +49 (0) 162 101 
                                                  6470 
                            www.protonpowersystems.com 
 
 
 Stockdale Securities Limited 
  Nominated adviser and broker          Tel: +44 (0) 20 7601 
                                                        6100 
 Antonio Bossi / David Coaten    www.stockdalesecurities.com 
 
 

About Proton Motor Fuel Cells GmbH ("Proton Motor")

Proton Motor is an expert in industrial fuel cells, fuel cell and hybrid systems with more than 21 years of experience in this sector. 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 mobile, marine and stationary solutions and applications. The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customized systems.

Proton Motor acquired and integrated SPower GmbH in 2013. Established in 2007, SPower 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. With the SPower expertise, Proton Motor can offer complete power supply solutions with fuel cell and all electrical components.

Proton Motor is a wholly owned subsidiary of Proton Power Systems plc which has been listed on the London Stock Exchange since October 2006 (code: PPS).

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

June 01, 2016 07:15 ET (11:15 GMT)

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