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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: 2.10
Bid: 2.00
Ask: 2.20
Change: 0.175 (9.09%)
Spread: 0.20 (10.00%)
Open: 1.925
High: 2.10
Low: 1.925
Prev. Close: 1.925
PPS Live PriceLast checked at -

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Proton Power receives road approval for fuel cell product

Mon, 20th Jan 2014 12:31

Proton Power Systems (PPS), the AIM-listed parent company of fuel cell technology group Proton Motor, has received road approval for its HyRange Fuel Cell System product, causing shares to surge on Monday.HyRange, integrated in a Newton 7.5 to 12 ton electric truck, had been tested in Germany for 24 months in order to prove its reliability.Now that it has received official approval and homologation for road service from the German authorities, it means that vehicles can use it without limitation across Europe.Proton Motor is hoping to take advantage of the growing demand for electric vehicles in Germany, which currently only has 15 hydrogen fuelling stations in operations. The company said there are plans to expand the network to 100 by 2018 and 400 by 2023.Proton Chairman John Wall said that HyRange "allows the regular operation of the vehicle with our fuel cell range extender and significantly extends the operating range and on board power of an electric truck"2."It also opens the door for the operation of such vehicles in commercial applications and demonstrates to customers that HyRange is ready for regular operation," he added.PPS was up 28.34% at 4.97p by 12:44 on Monday.BC
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23 Jan 2015 13:36

UK DIRECTOR DEALINGS SUMMARY: Shanta Gold Non-Executive Sells Stake

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22 Jan 2015 15:57

DIRECTOR DEALINGS: Proton Power Executive Sells 250,000 Shares

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20 Jan 2015 09:11

Proton Power Systems Says Revenue Rose In 2014 But Still In Loss

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2 Oct 2014 10:27

DIRECTOR DEALINGS: Proton Power Executive Sells 300,000 Shares

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23 Sep 2014 07:37

Proton Power Systems Looking To China Despite Increased Losses

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2 Sep 2014 09:25

Proton Power Systems In Austria Project For Fuel Cell In Duty Vehicle

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11 Aug 2014 10:04

Proton Power Systems Finalises Development Of New Fuel Cell System

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31 Jul 2014 10:03

Proton Power Systems Appoints Non-Executive Chairman

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31 Jul 2014 07:41

UK MORNING BRIEFING: Afren, Balfour Beatty And Carillion Hit FTSE 250

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17 Jun 2014 08:52

DIRECTOR DEALINGS: Proton Power Systems Director Sells 10,000 Shares

LONDON (Alliance News) - Proton Power Systems PLC Tuesday said Business Development Director Thomas Melczer sold 10,000 shares at a price of 7.75 pence per share Monday pursuant to the exercise of options. Shares in the fuel cells developer were down 3.2% at 7.50p Tuesday morning. By

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13 Jun 2014 07:34

UK MORNING BRIEFING: Iraq Worries Weigh; Petra Finds Blue Diamond

LONDON (Alliance News) - The deteriorating situation in Iraq has depressed shares early Friday, as the UK market also contemplates a sooner-than-expected rise in interest rates by the Bank of England.

SSE, Tullow Oil and BG Group le

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13 Jun 2014 07:08

Proton Power Systems Chairman John Wall Dies

LONDON (Alliance News) - Fuel cells developer Proton Power Systems PLC Friday said Chairman John Wall has died. Wall joined the board of the company back in 2006 and was a key part of the company's development, having served in both executive and non-executive roles. By Rowena Harris-

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4 Jun 2014 09:28

Wednesday broker round-up UPDATE

Advanced Computer Software: Panmure Gordon ups target price from 139p to 155p and stays with its buy recommendation. Avacta: Numis shifts target price from 1.9p to 2p and retains a buy recommendation. Balfour Beatty: Westhouse Securities reduces target price from 302p to 220p keeping its neutral r

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6 May 2014 10:37

UPDATE: Proton Power Systems Widens Pretax Loss In 2013

LONDON (Alliance News) - Proton Power Systems PLC, the fuel cell system developer, Tuesday reported a bigger loss in 2013, despite a 21% increase in revenue, after booking a hefty fair value loss on embedded derivatives. In 2013, the group's pretax loss widened to GBP9.3 million, from GBP4.

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6 May 2014 10:16

Proton Power Systems Widens Pretax Loss In 2013

LONDON (Alliance News) - Proton Power Systems PLC, the fuel cell system developer, Tuesday reported a bigger loss in 2013, despite a 21% increase in revenue, after booking a hefty fair value loss on embedded derivatives. In 2013, the group's pretax loss widened to GBP9.3 million, from GBP4.

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