10th Jul 2020 14:20
Proton Motor Power Systems PLC - the fuel cells developer - Says SFN Cleantech Investment Ltd has requested the conversion of part of the interest matured on loans provided into 20.0 million shares. The conversion price is 2 pence per share and the interest converted therefore has a value of GBP400,000. As a result of this loan conversion, SFN's interest in the share capital of Proton will comprise 609.3 million shares, representing 83% stake.
Current stock price: 79.96 pence
Year-to-date change: more than tripled
By Evelina Grecenko; [email protected]
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