Source - Alliance News
Proton Motor Power Systems PLC - London-based designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems - Enters new €12 million loan facility with Falih Nahab. Explains that this facility has been provided on the same terms as the existing €77.5 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%
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