AIM RULE 26
The following information is disclosed in accordance with Guideline 26 of the AIM Rule. (August 30, 2023):
Proton Motor has 25 years of experience in Power Solutions using CleanTech technologies such as hydrogen fuel cells, fuel cell and hybrid systems with a zero carbon footprint.
Based in Puchheim near Munich, Proton Motor develops and produces standard Products as well as customised solutions. The focus of Proton Motor is on stationary solutions, as well as mobile, marine and rail applications. The product portfolio consists of base-fuel cell systems, standard complete, as well as customised systems.
Proton Motor Fuel Cell GmbH is a wholly owned subsidiary of Proton Motor Power Systems plc. The Company has been quoted on the AIM market of the London Stock Exchange since October 2006 (code: PPS).
Proton Motor Power Systems plc is a company registered in England Wales with company number 05700614.
The main part of the business is conducted in Germany, where the subsidiary Proton Motor Fuel Cell GmbH has its headquarters
Corporate Governance
The Board supports high standards of corporate governance and will comply with the QCA Code.
Committees
Remuneration Committee
- Faiz Francois Nahab Ph.D (Chair)
- Roman Kotlarzewski
The Remuneration Committee is responsible for the determination of terms and conditions of service of executive directors.
Audit Committee
- Helmut Gierse (Chair)
- Antonio Bossi
The Audit Committee is primarily responsible for monitoring the quality of internal control and ensuring the proper measurement of and reporting on the financial performance of the group as well as reviewing reports from the group’s auditor.
Nomination Committee
- Faiz Francois Nahab Ph.D (Chair)
- Roman Kotlarzewski
The Nomination Committee is primarily responsible for reviewing the balance and effectiveness of the Board and identifying the skills needed and those individuals who might best provide them and shall ensure a formal and transparent appointment procedure of the Board.
Proton Motor Power Systems plc is subject to the UK City Code on Takeovers and Mergers.
The Company also has securities traded on the Frankfurt Stock Exchange under the symbol P6K0.
There are no restrictions on the transfer of Proton Motor Power Systems plc’s AIM securities.
