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Proton Motor Power (PPS)

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Thursday 15 October, 2020

Proton Motor Power

Holding(s) in Company

RNS Number : 2477C
Proton Motor Power Systems PLC
15 October 2020
 

 

 

 

 

 

15 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 12 and 14 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 75,000 ordinary shares in the Company ("Ordinary Shares") at 65p per Ordinary Share.

 

Following the above transactions SFN holds 608,600,028 Ordinary Shares representing 83.19 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

Manfred Limbrunner, Director Sales and Marketing

 

 

 

Tel: +49 (0) 173 189 0923

 

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).

 

 

 

 

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