30 June 2023
Proton Motor Power Systems plc
("Proton" or the "Company")
Result of Annual General Meeting
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 at its Annual General Meeting held earlier today, all resolutions put to the meeting were duly passed. The proxy voting results from the Annual General Meeting were as follows:
A copy of this announcement is available on the Company's website.
| Resolution | Total votes cast* | For | Against | Withheld | |||
| Number | %* | Number | %* | ||||
| Ordinary resolutions | |||||||
| 1 | To receive and adopt the annual report and accounts | 1,134,603,999 | 1,134,487,231 | 99.99 | 84,994 | 0.01 | 31,769 |
| 2 | To approve the Directors' Remuneration Report | 1,134,603,999 | 1,134,167,672 | 99.98 | 245,424 | 0.02 | 190,898 |
| 3 | To re-elect Helmut Gierse as a Director | 1,134,603,999 | 1,134,425,109 | 99.98 | 138,541 | 0.01 | 40,344 |
| 4 | To re-elect Antonio Bossi as a Director | 1,134,603,999 | 1,134,268,012 | 99.97 | 148,541 | 0.01 | 187,446 |
| 5 | To re-elect Sebastian Goldner as a Director | 1,134,603,999 | 1,134,425,114 | 99.98 | 138,541 | 0.01 | 40,344 |
| 6 | To re-elect Roman Kotlarzewski as a Director | 1,134,603,999 | 1,134,414,949 | 99.98 | 148,705 | 0.01 | 40,344 |
| 7 | To re-elect Manfred Limbrunner as a Director | 1,134,603,999 | 1,134,414,867 | 99.98 | 148,624 | 0.01 | 40,508 |
| 8 | To re-elect Ali Naini as a Director | 1,134,603,999 | 1,134,405,031 | 99.98 | 158,624 | 0.01 | 40,344 |
| 9 | To re-appoint the auditors | 1,134,603,999 | 1,134,452,162 | 99.99 | 116,427 | 0.01 | 35,405 |
| 10 | To authorise Directors to approve the remuneration of the auditors | 1,134,603,999 | 1,134,376,767 | 99.98 | 121,324 | 0.01 | 105,908 |
| 11 | To authorise Directors to allot or grant rights to subscribe for or to convert any security into shares | 1,134,603,999 | 1,134,308,383 | 99.97 | 147,008 | 0.01 | 148,608 |
| Special resolution | |||||||
| 12 | Subject to the passing of resolution 10, to authorise the Directors to allot equity securities in the Company for cash without application of pre-emption rights | 1,134,603,999 | 1,134,301,383 | 99.97 | 147,008 | 0.01 | 155,608 |
*Excludes withheld votes
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
Celicourt Communications
PR Adviser
Mark Antelme / Philip Dennis +44 (0) 20 8434 2643
About Proton Motor Fuel Cell GmbH
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).
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