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PPS Proton Motor Power Systems Plc

2.45
0.00 (0.00%)
25 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 2.00 3.50 0.00 07:30:42
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 Directorate Changes and Appointment of Auditor (0467A)

21/12/2017 8:46am

UK Regulatory


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TIDMPPS

RNS Number : 0467A

Proton Power Systems PLC

21 December 2017

 
        21 December 2017 
 

Proton Power Systems plc

("Proton" or the "Company")

Directorate changes and appointment of Auditor

Proton Power Systems plc (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems, announces the following changes of Director Responsibilities, effective from 20 December 2017:

Achim Loecher has resigned as Chairman and Company Secretary to pursue new challenges outside the Proton Group.

Helmut Gierse, a Non-Executive Director of the Company, is appointed as Chairman with immediate effect.

In addition to his Group Finance Director role, Roman Kotlarzewski will take on the function of Company Secretary.

Furthermore the Board of Proton today announces that it has appointed RMT Accountants & Business Advisors Ltd as its auditor following a comprehensive tender process.

Commenting on the changes, Dr. Nahab, CEO of Proton, said:

"The Board of Proton would like to thank Achim for his contributions to the Company."

"We are pleased that Helmut Gierse agreed to take on the role of Chairman. His deep and relevant industry experience in various leadership roles has already proven to be very valuable to the Board."

For further information:

 
 Proton Power Systems plc 
 Dr Nahab, CEO 
 Helmut Gierse, Chairman 
  Ian Peden, NED                            Tel: +49 (0) 162 
  Roman Kotlarzewski, Group                         101 6470 
  FD                                  Tel: +49 89 1276265-81 
                                  www.protonpowersystems.com 
 Stockdale Securities Limited 
  Nominated adviser and broker               Tel: +44 (0) 20 
                                                   7601 6100 
 Antonio Bossi / El Hanan        www.stockdalesecurities.com 
  Lee 
 
 

About Proton Motor Fuel Cell GmbH

Proton Motor is an expert in Power Solutions using CleanTech technologies like industrial fuel cells, fuel cell and hybrid systems with more than 20 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 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 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

December 21, 2017 03:46 ET (08:46 GMT)

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