27 January 2023
Proton Motor Power Systems plc
("Proton" or the "Company")
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, has today been informed that, further to the announcement on 21 December 2022, Antonio Bossi, a non-executive director of the Company, has today transferred 135,000 ordinary shares in Proton ("Shares") into his SIPP at a price of 12.5p per Share. Following the transfer, Antonio Bossi's beneficial interest in the share capital of the Company remains unchanged at 498,004 ordinary shares, equivalent to approximately 0.03% of the Company's total issued share capital. Antonio Bossi intends to transfer the remaining 53,679 ordinary shares in Proton issued to him on 21 December 2022 into his SIPP in due course.
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 GBP0.005
| ||||
| Identification code | ISIN: GB00BP83GZ24 | |||||
| b) | Nature of the transaction | Transfer of shares into SIPP | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information: | | ||||
| | - Aggregated volume | 135,000 | ||||
| | - Price | 12.5p | ||||
| e) | Date of the transaction | 27 January 2023 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
For further information:
| Proton Motor Power Systems Plc |
|
| Dr Faiz Nahab, CEO | |
| Helmut Gierse, Chairman |
|
| Roman Kotlarzewski, CFO | +49 (0) 173 189 0923 |
| Antonio Bossi, Non-Executive Director |
|
| Investor relations: | www.protonpowersystems.com investor-relations@proton-motor.de |
|
| |
| Allenby Capital Limited | |
| Nominated Adviser & Broker | +44 (0) 20 3328 5656 |
| James Reeve / Vivek Bhardwaj | |
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 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).
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