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Pin to quick picksProton Mtr Pwr Share News (PPS)

Share Price Information for Proton Mtr Pwr (PPS)

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Share Price: 3.00
Bid: 2.50
Ask: 3.50
Change: 0.00 (0.00%)
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IN BRIEF: Proton Motor Power CEO Cuts Stake By 9.5 Million Shares

Wed, 27th Jan 2021 10:38

Proton Motor Power Systems PLC - Munich, Germany-based fuel cells company - Says Chief Executive Falih Nahab has reduced his stake in the company by 9.5 million shares. As a result of this, Proton says Nahab now has 170.3 million shares held indirectly via his 28% interest in SFN Cleantech Investment Ltd and 19.5 million shares held directly by him, representing respectively a 26% stake. Proton didn't say at what price Nahab sold or when the transaction took place.

Current stock price: 135.96 pence, up 13% on Wednesday

Year-to-date change: up 94%

By Zoe Wickens; zoewickens@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
27 Feb 2024 12:19

IN BRIEF: Proton Motor keeps revenue stable as sales value rises

Proton Motor Power Systems PLC - London-based designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems - Says its 2023 revenue remains unchanged at GBP2.1 million. Notes a 43% increase in the value of systems sales to GBP2.0 million, from GBP1.4 million in 2022. Adds that its total order intake for 2023 was GBP2.5 million, down 7.4% from GBP2.7 million the previous year.

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10 Jan 2024 11:28

IN BRIEF: Proton Motor launches new hydrogen fuel cell system

Proton Motor Power Systems PLC - London-based designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems - Announces introduction of new HyModule S4 fuel cell system solution. Product offers "a simple 'plug and play' solution for markets seeking an emission-free energy source alternative to traditional diesel and natural gas generators." It uses Proton Motor's proprietary HyStack 200 technology. Company says product line extension responds to sustained interest in hydrogen-powered technology, and leaves it well-positioned for commercialisation and to capitalise on predicted demand.

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27 Nov 2023 10:21

IN BRIEF: Proton Motor completes GKN order; wins government grant

Proton Motor Power Systems PLC - London-based designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems - Completes follow-up order for 15 HYmodule S8 systems to customer GKN Hydrogen Italy SRL, which was first received back in January, bringing its total delivery of its fuel systems to GKN to 46. HYmodule S8 system is an "emission-free high-tech product for stationary applications and is designed for the autonomous provision of energy and heat," it says. Chief Executive Officer Faiz Nahab comments that the completion of the follow-on order "reaffirms that the company is rapidly progressing the commercialisation of our hydrogen fuel cell technology, and our recognition as a leader in this industry." Also wins an EUR300,000 grant from the German government for the development of a "modular, renewable and self-sufficient energy supply using hydrogen technology."

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14 Sep 2023 11:59

Proton Motor Power interim revenue falls on lower order intake

(Alliance News) - Proton Motor Power Systems PLC on Thursday reported a drop in half-year revenue as order intake fell.

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25 Jul 2023 10:59

Proton Motor Power inks first order in Spain for fuel cell system

(Alliance News) - Proton Motor Power Systems PLC on Tuesday said that it has received an order from an unnamed supplier of gas related energy and infrastructure in Spain for a standalone fuel cell system.

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13 Jul 2023 11:39

Proton Motor Power hails follow-up order from Deutsche Bahn subsidiary

(Alliance News) - Proton Motor Power Systems PLC on Thursday said that it has received a follow-on order from DB Bahnbau Gruppe GmbH, a subsidiary of Deutsche Bahn AG.

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20 Jun 2023 10:59

Proton Motor Power swings to annual loss as revenue falls

(Alliance News) - Proton Motor Power Systems PLC on Tuesday reported a swing to annual loss as revenue decreased, and said it agreed to a variation to the Falih Nahab loan facility.

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2 Jun 2023 12:54

Proton Motor Power gets order from University of Stuttgart

(Sharecast News) - Hydrogen fuel cell and electric hybrid technology developer Proton Motor Power announced the receipt of a significant order from the University of Stuttgart on Friday.

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2 Jun 2023 08:19

IN BRIEF: Proton Motor Power touts 240KW order for power plant

Proton Motor Power Systems PLC - London-based designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems - Receives an order from the University of Stuttgart for a containerised fuel cell power plant with a power output of up to 240 kilowatts.

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5 May 2023 13:33

IN BRIEF: Proton Motor gets order from Shell Deutschland

Proton Motor Power Systems PLC - Newcastle-based producer of hydrogen fuel cells and electric hybrid systems - Gets an order for an undisclosed sum from Shell Deutschland Oil GmbH, a subsidiary of energy group Shell PLC. Says the order is for two 'HyShelter 240' containerised hydrogen fuel cell hybrid systems. Proton says its technology is "fully reflected in the HyShelter and the rest of the Hy-brand portfolio of solutions for infrastructural applications".

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21 Feb 2023 18:53

TRADING UPDATES: Star Phoenix loss narrows but Petra's widens

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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31 Jan 2023 21:38

TRADING UPDATES: LifeSafe Holdings, Tissue Regenix see revenue growth

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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26 Jan 2023 21:52

TRADING UPDATES: Proton wins order; Caerus Mineral sells assets

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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24 Oct 2022 13:34

Proton Motor increases production area seven-fold with lease agreement

(Alliance News) - Proton Motor Power Systems PLC on Monday said it signed a 15-year lease agreement for a facility to "substantially expand" its manufacturing, testing and development capacity.

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24 Oct 2022 12:25

Proton Motor Power signs 15-year lease on bigger facility

(Sharecast News) - Fuel cell and electric hybrid technology company Proton Motor Power has signed a 15-year lease agreement for a 13,500 square metre facility, it announced on Monday, to "substantially expand" its manufacturing, testing and development capacity.

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