2nd Jan 2020 11:45
(Alliance News) - Energy equipment provider Proton Motor Power Systems PLC on Thursday said controlling shareholder SFN Cleantech Investment Ltd sold GBP18,850 worth of Proton shares on the Frankfurt stock exchange.
SFN Cleantech sold 65,000 shares at a price of EUR0.29 per share on Monday.
Proton shares were trading down 0.7% at EUR0.29 on Thursday morning in Frankfurt. In the London the stock was quoted at 24.00p, up 4.4%.
Proton Chief Executive Faiz Nahab has a 2% interest in SFN Cleantech Investment.
Following the sale, SFN holds 595.3 million Proton shares, an 89% stake.
By Ife Taiwo; [email protected]
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