Director/PDMR Shareholding

RNS Number : 9244C

Proton Power Systems PLC

22 January 2015

 



22 January 2015

Proton Power Systems plc

("Proton Power" or the "Company")

Director dealings

The Company has been informed that Thomas Melczer, a director of Proton, today sold 250,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of €0.054 (c. 4.1 pence) per Ordinary Share.

Following this transaction, Thomas Melczer holds 250,000 Ordinary Shares representing approximately 0.039% of the Company's issued share capital in addition to options over 12,600,000 Ordinary Shares.

For further information:

Proton Power Systems plc
Dr Faiz Nahab, CEO
Achim Loecher, FD	Tel: [phone]
	www.protonpowersystems.com

Westhouse Securities Limited Nominated adviser and broker	Tel: [phone]
Antonio Bossi	www.westhousesecurities.com

About Proton Motor Fuel Cell GmbH

Proton Motor is an expert in industrial fuel cells, fuel cell and hybrid systems with more than 17 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 to the implementation of customized solutions.  The focus of Proton Motor is on back-to-base mobile, marine and stationary solutions applications.  The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customised systems.

Proton Motor acquired SPower GmbH in 2013. Established in 2007, SPower serves IT, telecoms, public infrastructure and healthcare customers in Germany, Europe and the 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 Power Systems plc.  The Company has been listed on the London Stock Exchange since October 2006 (code: PPS).

 

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