AI Terminal
PROTON MOTOR POWER SYSTEMS PLC
Remuneration Information • Jul 8, 2022
7861_dirs_2022-07-08_d54c52f5-225c-4fa9-95af-8646a8b67393.html
Remuneration Information
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 9012R
Proton Motor Power Systems PLC
08 July 2022
08 July 2022
Proton Motor Power Systems plc
("Proton" or the "Company")
Director dealings and Key Person Stock award scheme
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 1,850,000 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 (the "Scheme Shares"), at an issue price of 9.13 pence per Ordinary Share (the "Issue Price"). 550,000 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, 136,911 new Ordinary Shares have today been issued, also at the Issue Price, to Antonio Bossi as payment in lieu of fees (the "Fee Shares"), as detailed in the table below. In accordance with the terms of his remuneration contract, Antonio Bossi has been issued Fee Shares in respect of his director fees for the period from 1 February 2022 to 30 April 2022.
In total, 1,986,911 new Ordinary Shares have been issued by the Company.
| Resulting holding | |||||
| Director | Scheme Shares | Fee Shares | Ordinary Shares held | As a percentage of the enlarged share capital | Options held |
| Antonio Bossi | - | 136,911 | 309,325 | 0.01% | - |
| Sebastian Goldner | 200,000 | - | 310,000 | 0.02% | 389,250 |
| Roman Kotlarzewski | 250,000 | - | 600,000 | 0.04% | 500,000 |
| Manfred Limbrunner | 100,000 | - | 235,000 | 0.02% | 4,870,000 |
Antonio Bossi has indicated that immediately following the allotment to him of the 136,911 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 1,986,911 new Ordinary Shares to be admitted to trading on AIM, which is expected to take effect on or around 15 July 2022 ("Admission").
Following Admission, the Company's issued share capital will comprise 1,551,542,675 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
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
Fee shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 9.13 | 136,911 |
d)
Aggregated information:
- Aggregated volume
136,911
- Price
9.13
e)
Date of the transaction
8 July 2022
f)
Place of the transaction
Outside a trading venue
2.
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 the Financial instrument, type of instrument
Ordinary shares of GBP0.005
Identification code
ISIN: GB00BP83GZ24
b)
Nature of the transaction
Key Person Stock Award scheme
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 9.13 | 200,000 |
d)
Aggregated information:
- Aggregated volume
200,000
- Price
9.13
e)
Date of the transaction
8 July 2022
f)
Place of the transaction
Outside a trading venue
3.
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 the Financial instrument, type of instrument
Ordinary shares of GBP0.005
Identification code
ISIN: GB00BP83GZ24
b)
Nature of the transaction
Key Person Stock Award scheme
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 9.13 | 250,000 |
d)
Aggregated information:
- Aggregated volume
250,000
- Price
9.13
e)
Date of the transaction
8 July 2022
f)
Place of the transaction
Outside a trading venue
4.
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 the Financial instrument, type of instrument
Ordinary shares of GBP0.005
Identification code
ISIN: GB00BP83GZ24
b)
Nature of the transaction
Employee share purchase scheme
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 9.13 | 100,000 |
d)
Aggregated information:
- Aggregated volume
100,000
- Price
9.13
e)
Date of the transaction
8 July 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 [email protected] |
| 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).
This information is provided by RNS, 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 [email protected] 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
DSHUPUMCMUPPGCR