Proton Motor Power Systems PLC Holding(s) in Company (2477C)
October 15 2020 - 9:30AM
UK Regulatory
TIDMPPS
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 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).
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END
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