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Share Name Share Symbol Market Type Share ISIN Share Description
Proton Motor Power Systems Plc LSE:PPS London Ordinary Share GB00B140Y116 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.00 11.9% 94.00 92.00 95.00 96.50 86.00 86.00 5,526,718 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 0.8 -191.7 -29.5 - 688

Proton Motor Power Systems PLC Holding(s) in Company

12/10/2020 9:45am

UK Regulatory (RNS & others)


Proton Motor Power Systems (LSE:PPS)
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TIDMPPS

RNS Number : 7682B

Proton Motor Power Systems PLC

12 October 2020

 
        12 October 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, between 6 and 9 October 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 210,000 ordinary shares in the Company ("Ordinary Shares") at an average price of 64.90p per Ordinary Share.

Following the above transactions SFN holds 608,675,028 Ordinary Shares representing 83.20 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 
  Manfred Limbrunner, Director Sales     0923 
  and Marketing                          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).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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October 12, 2020 04:45 ET (08:45 GMT)

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