Director dealing

Proton Motor Power Systems PLC

26 March 2024

 

26 March 2024

Proton Motor Power Systems plc

("Proton Motor" or the "Company")

Director dealing

Proton Motor Power Systems plc (AIM: PPS), the designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems with a zero-carbon footprint, announces that it was informed on 25 March 2024 that Antonio Bossi, a non-executive director of the Company, transferred 762,487 ordinary shares of 0.5 pence each in the capital of the Company ("Ordinary Shares") into his SIPP on 25 March 2024 at a sale price of 0.025p per Ordinary Share and a purchase price of 0.02502p per Ordinary Share. Following the transfer, Antonio Bossi's beneficial interest in the share capital of the Company remains unchanged at 1,206,812 Ordinary Shares, equivalent to approximately 0.07 per cent. of the Company's total issued share capital.

For further information:

Proton Motor Power Systems Plc
Dr Faiz Nahab, CEO
Roman Kotlarzewski, CFO	[phone]
	www.protonpowersystems.com
Allenby Capital Limited
Nominated Adviser & Broker	[phone]
James Reeve / Vivek Bhardwaj
Celicourt Communications
PR Adviser	[phone] / [e-mail]
Mark Antelme / Philip Dennis

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 mobile, 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).

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Antonio Bossi
2.	Reason for the Notification
a)	Position/status	Non-Executive Director
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Proton Motor Power Systems Plc
b)	LEI	213800TRXTSRGG8J2P59
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the Financial instrument, type of instrument	Ordinary shares of GBP 0.005 each in Proton Motor Power Systems Plc
	Identification code	ISIN: GB00BP83GZ24
b)	Nature of the transaction	Sale and purchase of Ordinary Shares into SIPP
c)	Price(s) and volume(s)	Price(s) Volume(s) Sale price: 0.025 pence 762,487 Ordinary Shares sold Purchase price: 0.02502 pence 762,487 Ordinary Shares purchased into SIPP
d)	Aggregated information:
	-  Aggregated volume	762,487 Ordinary Shares sold 762,487 Ordinary Shares purchased into SIPP
	-  Price	Sale price: 0.025 pence Purchase price: 0.02502 pence
e)	Date of the transaction	25 March 2024
f)	Place of the transaction	Outside a trading venue

 

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