Proton Motor Power Systems PLC - hydrogen fuel cells - Says Falih Nahab converts part of loan into 40.0 million Proton Power shares at 2 pence each, GBP800,000 in total. Nahab now holds 28% stake in Proton. Company adds Nahab plans to use proceeds to "provide further financing".
Current stock price: 76.90 pence
Year-to-date change: up more than threefold from 23.50p
By Eric Cunha; ericcunha@alliancenews.com
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