REG - Powerhouse Energy Gp - Update on European Patent Claim

Powerhouse EnergyAnnouncement

06/02/2024 17:30

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RNS Number : 2387C  Powerhouse Energy Group PLC  06 February 2024

06 February 2024

 

Powerhouse Energy Group plc

 

("Powerhouse" or the "Company")

Update on European Patent Claim

 

Further to the Company's announcement dated 6 November 2023, the Company has
been informed by its legal counsel that GetGo Recycling Limited (now Onunda
Ltd) served on 2 February 2024 the High Court claim it originally issued on 6
October 2023.  The action is as anticipated in the light of the earlier
correspondence passing between the parties and their legal advisors. The Board
sees this as the next step in the process and the proceedings will be fully
defended.

 

-ENDS-

For more information, contact:

 Powerhouse Energy Group plc                                +44 (0) 203 368 6399

 Paul Emmitt

 Strand Hanson Limited (Nominated & Financial Adviser)      +44 (0) 207 409 3494

 Ritchie Balmer

 James Harris

 Rob Patrick

 Turner Pope Investments (TPI) Ltd (Broker)                 +44 (0) 203 657 0050

 Andrew Thacker

 James Pope

 Tavistock (Financial PR)                                   powerhouse@tavistock.co.uk

 Simon Hudson

 Nick Elwes

 Saskia Sizen

 

 

About Powerhouse Energy Group plc

Powerhouse Energy has developed a process technology which can utilise waste
plastic, end-of-life-tyres, and other waste streams to convert them
efficiently and economically into syngas from which valuable products such as
chemical precursors, hydrogen, electricity, heat and other industrial products
may be derived.

 

Powerhouse Energy's process produces low levels of safe residues and requires
a small operating footprint, making it suitable for deployment at enterprise
and community level.

 

Powerhouse Energy Group also incorporates Engsolve Ltd, who offer Engineering
Services across all sectors with speciality services in the development of new
technologies and clean energy.

 

Powerhouse Energy is quoted on the London Stock Exchange's AIM Market under
the ticker: PHE and is incorporated in England and Wales.

 

For more information see: www.phegroup.com (http://www.phegroup.com)

 

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