Director dealing

RNS Number : 1556O

Proton Motor Power Systems PLC

27 January 2023

 

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)	Price(s) Volume(s) 12.5p 135,000
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	[phone]
Antonio Bossi, Non-Executive Director
Investor relations :	www.protonpowersystems.com [e-mail]
Allenby Capital Limited
Nominated Adviser & Broker	[phone]
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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