Proton Mtr Pwr Regulatory News (PPS)

18 Jun 2007 17:06

Proton Power Systems PLC18 June 2007 TR-1(i): notification of major interests in shares 1. Identity of the issuer or the underlying issuer of Proton Power Systems plcexisting shares to which voting rights are attached(ii):2. Reason for the notification (please tick the appropriate box or boxes):An acquisition or disposal of voting rights XAn acquisition or disposal of financial instruments which may result in the acquisition ofshares already issued to which voting rights are attachedAn event changing the breakdown of voting rightsOther (please specify):3. Full name of person(s) subject to the notification 1. Lombard Atlantic Bank N.V.obligation(iii): 2. Maan Abdulwahed Al-Sanea 3. Awal Trust Company Limited 4. Saad Investments Company Limited4. Full name of shareholder(s) (if different from 3.)(iv): 1. Lombard Atlantic Bank N.V. 2. Giltspur Nominees Limited5. Date of the transaction and date on which the 7 December 2006threshold is crossed or reached(v):6. Date on which issuer notified: 15 June 20077. Threshold(s) that is/are crossed or reached: 3% and 4%8. Notified details: A: Voting rights attached to sharesClass/type of shares Situation previous to Resulting situation after the triggering transaction(vii) the Triggering if possible using transaction (vi)the ISIN CODE Number of Number of Number of Number of voting rights % of voting rights Shares Voting shares ix Rights viii Direct x Indirect xi Direct IndirectOrdinary Below 3% Below 3% 1,500,000 750,000 750,000 2.38% 2.38% ISIN Code GB00B140Y116 B: Financial InstrumentsResulting situation after the triggering transaction xiiType of financial Expiration date Exercise/ Conversion Number of voting rights % of votinginstrument xiii Period/ Date xiv that may be acquired if rights the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights1,500,000 4.77% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectivelyheld, if applicable xv:Maan Abdulwahed Al-Senea is subject to a notification obligation pursuant to DTR 5.2.1(e) as a "parent undertaking" ofLombard Atlantic Bank N.V. ("LAB") and Awal Bank BSC ("ABB"). LAB is wholly owned by Saad Investments Company Limited ("SICL") which is 94.72% owned by Awal Trust Company Limited ("ATCL") as trustee of the Saad STAR Trust. SICL and ATCL are therefore subject to a notification obligation pursuant toDTR 5.2.1(e) as a "parent undertaking" of LAB. Proxy Voting:10. Name of the proxy holder:11. Number of voting rights proxy holder will cease to hold:12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: Lombard Atlantic Bank N.V. currently holds directly 750,000 (2.38%) shares and indirectly 375,000 (1.19%). Awal Bank BSC currently holds indirectly 375,000 (1.19%) shares.14. Contact name: Benedikt Eska15. Contact telephone number: 00 49 8151 268640 -------------------------- This information is provided by RNS The company news service from the London Stock Exchange