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Proton Power Systems ( (GB:PPS) ) has issued an announcement.
Proton Motor Power Systems announced that all resolutions were passed at its recent general meeting, leading to the company’s delisting from the AIM market effective February 17, 2025, and re-registration as a private company. This move will result in significant changes to the company’s board and limited liquidity for shareholders, as there will be no public market for its shares post-cancellation.
More about Proton Power Systems
Proton Motor Power Systems PLC is a company with 25 years of experience in power solutions using CleanTech technologies, focusing on hydrogen fuel cells and zero-carbon footprint hybrid systems. Based in Puchheim near Munich, the company specializes in stationary solutions and heavy-duty, marine, and rail applications, offering both standard and customized fuel cell systems. It operates as a wholly owned subsidiary under the AIM market of the London Stock Exchange.
YTD Price Performance: -46.43%
Average Trading Volume: 1,487,586
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £2.49M
See more data about PPS stock on TipRanks’ Stock Analysis page.