Proton Motor Power Systems Plc

Equities

PPS

GB00BP83GZ24

Electrical Components & Equipment

Market Closed - London S.E. Other stock markets 09:05:15 28/06/2024 pm IST			5-day change	1st Jan Change
2.1 ^GBX	0.00%		0.00%	-61.82%

28/06	EARNINGS AND TRADING: ProBiotix widens loss; Altona conducts fundraise	AN
28/06	Proton Motor Power inks new loan facility with Falih Nahab	AN

Proton Motor Power inks new loan facility with Falih Nahab

June 28, 2024 at 03:52 pm IST

Proton Motor Power Systems PLC - London-based designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems - Enters new EUR12 million loan facility with Falih Nahab. Explains that this facility has been provided on the same terms as the existing EUR77.5 million loan facility with Nahab, with an interest rate of 12-months Euro Interbank Offered Rate, plus 3%. The itnerest can be settled once or twice yearly by way of share issue. The principal amount of the facility is repayable on December 31, 2025.

Current stock price: 2.19 pence

12-month change: down 75%

By Holly Beveridge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Proton Motor Power Systems Plc

EARNINGS AND TRADING: ProBiotix widens loss; Altona conducts fundraise	28/06	AN
Proton Motor Power inks new loan facility with Falih Nahab	28/06	AN
Proton Motor Power Systems Bags EUR12 Million Loan Facility from Shareholder	28/06	MT
Proton Motor Power Systems Plc Reports Earnings Results for the Full Year Ended December 31, 2023	28/06	CI
Quadrise expands deal; TT's new reporting structure	27/06	AN
Proton Motor touts follow-up order from DB Bahnbau Gruppe	25/06	AN
Proton Motor Power Systems plc Announces Follow-Up Order from Db Bahnbau Gruppe	25/06	CI
EARNINGS AND TRADING: Distil loss widens; Genflow welcomes grant	12/06	AN
Proton Motor Power Systems plc Receives a First Follow-Up Order from H2tec AG	12/06	CI
Tasty restructuring backed; Alien Metals raises funds	05/06	AN
AIM WINNERS & LOSERS: Vast Resources touts progress across mines	04/06	AN
Proton Motor Power Systems chair resigns, names successor	22/05	AN
Proton Motor Power Systems Chairman Retires; Successor Named	22/05	MT
PROTON MOTOR POWER SYSTEMS PLC: ALI NAINI APPOINTED AS CHAIRMAN…	22/05	RE
Proton Motor Power Systems plc Announces Board Changes	22/05	CI
Hellenic Dynamics and Ondine Biomedical raise funds	08/05	AN
Proton Motor Power Systems Plc Announces Management of Cost Base	08/05	CI
Proton Motor keeps revenue stable as sales value rises	27/02	AN
Proton Motor Power Systems plc Provides Revenue Guidance for the Year Ended 31 December 2023	27/02	CI
Proton Motor launches new hydrogen fuel cell system	10/01	AN
Proton Motor Power Systems plc Announces Introduction of New Hydrogen Fuel Cell System	10/01	CI
Proton Motor completes GKN order; wins government grant	27/11	AN
Proton Motor Power Systems plc Announces Successful Completion of Follow-Up Order from GKN Hydrogen	27/11	CI
Proton Motor Power interim revenue falls on lower order intake	14/23/14	AN
Earnings Flash (PPS.L) PROTON MOTOR POWER SYSTEMS Reports H1 Loss GBX-0.40	14/23/14	MT

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Company Profile

Proton Motor Power Systems PLC is engaged in designing, developing, manufacturing, and testing fuel cells and fuel cell hybrid systems as well as the related technical components. The Companyâs principal activity is the development of hydrogen fuel cells and fuel cell hybrid systems through its subsidiary, Proton Motor Fuel Cell GmbH. The Company is focused on the production of hydrogen fuel cell technologies is on sustainable production. It is focused is on stationary solutions, as well as mobile, maritime and rail applications. The product portfolio consists of basic fuel cell systems, standard complete systems, and customer-specific systems. It operates through a green energy segment. Its products include HyModule, HyFrame, HyScale, HyRange, HyShip, HyRail, HyShelter, HyCabinet, HyModule, and HyFrame. The Company serves various markets, such as stationary, heavy duty, maritime, rail, stationary, maritime, heavy duty, and rail.

Sector

Electrical Components & Equipment

Calendar

13/09/2024 - Q2 2024 Earnings Release (Projected)

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Sector Other Electrical Components & Equipment

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PROTON MOTOR POWER SYSTEMS PLC	-61.82%	44.1M
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Other Electrical Components & Equipment

Proton Motor Power Systems Plc

Equities

PPS

GB00BP83GZ24

Electrical Components & Equipment

Proton Motor Power inks new loan facility with Falih Nahab

Latest news about Proton Motor Power Systems Plc

Chart Proton Motor Power Systems Plc

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Sector Other Electrical Components & Equipment