TIDMPPS
RNS Number : 7663D
Proton Motor Power Systems PLC
07 March 2022
07 March 2022
Proton Motor Power Systems plc
("Proton" or the "Company")
Director dealings and employee share scheme grants
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 today
agreed to issue 190,000 new ordinary shares of 0.5 pence each in
the capital of the Company ("Ordinary Shares") under the terms of
the Company's Key Person Stock Award scheme and employee share
purchase scheme (the "Scheme Shares"), at an issue price of 14.50
pence per Ordinary Share (the "Issue Price"). 155,000 of the Scheme
Shares have been issued to directors of the Company, as detailed in
the table below. Eligible employees and Directors were invited to
subscribe for Scheme Shares at the Issue Price pursuant to the
Company's share schemes, of which a number elected to
participate.
Additionally, 575,216 new Ordinary Shares have today been
issued, also at the Issue Price, to certain Non-Executive directors
of the Company as payment in lieu of fees ("Fee Shares"), as
detailed in the table below. In accordance with the terms of their
employment contracts, Helmut Gierse has been issued Fee Shares in
lieu of his director fees for the 12 month period ending 31 January
2022 and Antonio Bossi has been issued Fee Shares in respect of his
director fees for the period from 5 August 2021 to 31 January
2021.
A further 50,000 new Ordinary Shares have been allotted at the
Issue Price as payment for advisory services provided by an
external consultant. In total, 815,216 new Ordinary Shares have
been issued by the Company.
Resulting holding
-----------------------------
Ordinary As a percentage
Scheme Shares of the enlarged Options
Director Shares Fee Shares held share capital held
Helmut Gierse - 402,802 8,448,502 0.55% 4,350,000
Antonio Bossi - 172,414 172,414 0.01% -
Sebastian Goldner 100,000 - 110,000 0.01% 389,250
Roman Kotlarzewski 50,000 - 350,000 0.02% 500,000
Manfred Limbrunner 5,000 - 135,000 0.01% 4,870,000
Antonio Bossi has indicated that immediately following the
allotment to him of the 172,414 Fee Shares mentioned above, he will
transfer the entire holding into his SIPP.
Application for admission to trading and total voting rights
Application has been made for 815,216 new Ordinary Shares to be
admitted to trading on AIM, which is expected to take effect on or
around 10 March 2022 ("Admission").
Following Admission, the Company's issued share capital will
comprise 1,548,791,784 Ordinary Shares. The Company does not hold
any Ordinary Shares in treasury. This figure may be used by
shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change to their interest in, the share capital of
the Company under the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules.
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 Helmut Gierse
-------------------------------- ----------------------------------
2. Reason for the Notification
--------------------------------------------------------------------
a) Position/status Non-Executive Director - Chairman
-------------------------------- ----------------------------------
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 Ordinary shares of GBP0.005
the Financial
instrument, type
of instrument
-------------------------------- ----------------------------------
Identification ISIN: GB00BP83GZ24
code
-------------------------------- ----------------------------------
b) Nature of the Fee shares
transaction
-------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
14.50 402,802
----------
-------------------------------- ----------------------------------
d) Aggregated information:
-------------------------------- ----------------------------------
* Aggregated volume 402,802
------------------------------------- ----------------------------------
* Price 14.50
------------------------------------- ----------------------------------
e) Date of the transaction 4 March 2022
-------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- ----------------------------------
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 Ordinary shares of GBP0.005
the Financial
instrument, type
of instrument
---------------------------------- --------------------------------
Identification ISIN: GB00BP83GZ24
code
---------------------------------- --------------------------------
b) Nature of the Fee shares
transaction
---------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
14.50 172,414
----------
---------------------------------- --------------------------------
d) Aggregated information:
---------------------------------- --------------------------------
* Aggregated volume 172,414
--------------------------------------- --------------------------------
* Price 14.50
--------------------------------------- --------------------------------
e) Date of the transaction 4 March 2022
---------------------------------- --------------------------------
f) Place of the transaction Outside a trading venue
---------------------------------- --------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Sebastian Goldner
-------------------------------- ---------------------------------------
2. Reason for the Notification
-------------------------------------------------------------------------
a) Position/status Chief Technical and Operations Officer
-------------------------------- ---------------------------------------
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 Ordinary shares of GBP0.005
the Financial
instrument, type
of instrument
-------------------------------- ---------------------------------------
Identification ISIN: GB00BP83GZ24
code
-------------------------------- ---------------------------------------
b) Nature of the Key Person Stock Award scheme
transaction
-------------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
14.50 100,000
----------
-------------------------------- ---------------------------------------
d) Aggregated information:
-------------------------------- ---------------------------------------
* Aggregated volume 100,000
------------------------------------- ---------------------------------------
* Price 14.50
------------------------------------- ---------------------------------------
e) Date of the transaction 4 March 2022
-------------------------------- ---------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- ---------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Roman Kotlarzewski
---------------------------------- --------------------------------
2. Reason for the Notification
--------------------------------------------------------------------
a) Position/status Group Finance 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 Ordinary shares of GBP0.005
the Financial
instrument, type
of instrument
---------------------------------- --------------------------------
Identification ISIN: GB00BP83GZ24
code
---------------------------------- --------------------------------
b) Nature of the Key Person Stock Award scheme
transaction
---------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
14.50 50,000
----------
---------------------------------- --------------------------------
d) Aggregated information:
---------------------------------- --------------------------------
* Aggregated volume 50,000
--------------------------------------- --------------------------------
* Price 14.50
--------------------------------------- --------------------------------
e) Date of the transaction 4 March 2022
---------------------------------- --------------------------------
f) Place of the transaction Outside a trading venue
---------------------------------- --------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Manfred Limbrunner
---------------------------------- --------------------------------
2. Reason for the Notification
--------------------------------------------------------------------
a) Position/status Sales and Marketing 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 Ordinary shares of GBP0.005
the Financial
instrument, type
of instrument
---------------------------------- --------------------------------
Identification ISIN: GB00BP83GZ24
code
---------------------------------- --------------------------------
b) Nature of the Employee share purchase scheme
transaction
---------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
14.50 5,000
----------
---------------------------------- --------------------------------
d) Aggregated information:
---------------------------------- --------------------------------
* Aggregated volume 5,000
--------------------------------------- --------------------------------
* Price 14.50
--------------------------------------- --------------------------------
e) Date of the transaction 4 March 2022
---------------------------------- --------------------------------
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).
, the news service of the London Stock Exchange. RNS is approved by
the Financial Conduct Authority to act as a Primary Information
Provider in the United Kingdom. Terms and conditions relating to
the use and distribution of this information may apply. For further
information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHEAPDLEEFAEFA
(END) Dow Jones Newswires
March 07, 2022 02:00 ET (07:00 GMT)
Proton Motor Power Systems (LSE:PPS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Proton Motor Power Systems (LSE:PPS)
Historical Stock Chart
From Jul 2023 to Jul 2024
