Powerhouse Energy Group plc
("Powerhouse" or the "Company")
Change of Directorate
27(th) July 2020
Powerhouse Energy Group plc (AIM: PHE), the UK technology company
commercialising hydrogen production from waste plastic, is pleased to announce
the appointment of Allan Vlah as a non-executive director of the Company with
immediate effect.
With twenty years’ experience in the investment industry, Allan is a
director in Aviva Investors’ infrastructure group where he started and
continues to lead Aviva Investors’ Energy from Waste equity strategy.
Prior to joining Aviva Investors in 2012, Allan was a vice president at the
Macquarie European Infrastructure Fund with a focus on transportation and
renewable energy. He was previously a research analyst and portfolio manager
covering energy and infrastructure trusts for TD Waterhouse Investment Advice.
Allan holds an MBA from the Saïd School of Business at Oxford University and
is also a CFA charterholder.
On joining the Board of Powerhouse Allan Vlah said:
"It’s not every day in the infrastructure space you come across a company
that has the potential to meaningfully change the world. The DMG technology
sits at the nexus of converting a harmful waste product into an essential
feedstock with industrial, transportation and power generation applications. I
am more than excited for the opportunity to support Powerhouse realising this
grand ambition.”
Cameron Davies, Chairman of Powerhouse, said:
“On behalf of the Board, I would like to express how pleased we are to have
Allan join as a non-executive director. His wide experience and specialist
knowledge of the energy sector and infrastructure financing will be of immense
benefit to the Company in terms of developing a strong and solid presence for
our DMG waste to energy conversion technology across the UK and its roll out
in selected international markets.”
Further regulatory disclosures:
Other than as disclosed below, there are no further disclosures to be made in
accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules
for Companies:
Name: Allan Thomas Vlah
Age: 43
Allan Vlah is, or has during the last five years been, a director or partner
of the following companies and partnerships:
Current Directorships
RDF Energy No.1 Ltd
Vo-Gen Energy Ltd
Biomass UK No.4 Ltd
Hooton Bio Power Ltd
Boston Biomass Ltd
Biomass UK No.3 Ltd
Biomass UK No.2 Ltd
Boston Wood Recovery Ltd
Sunrise Renewable (Hull) Ltd
Biomass UK No.1 LLP
Past Directorships within the last five years
Sunrise Renewables (Barry) Ltd
For more information, contact:
Powerhouse Energy Group plc Tel: +44 (0) 203 368 6399
David Ryan, Chief Executive Officer
WH Ireland Limited (Nominated Adviser) Tel: +44 (0) 207 220 1666
James Joyce / Lydia Zychowska
Turner Pope Investments Ltd (Joint Broker) Tel: +44 (0) 203 657 0050
Andrew Thacker / Zoe Alexander
Ikon Associates (Media enquiries) Tel: +44 (0) 1483 271291
Adrian Shaw Mob: +44 (0) 7979 900733
About Powerhouse Energy Group plc
Powerhouse has developed a proprietary process technology - DMG® - which can
utilise waste, unrecycleable plastic, end-of-life-tyres, and other waste
streams to efficiently and economically convert them into syngas from which
valuable products such as hydrogen, chemical precursors, electricity and other
industrial products may be derived. The Powerhouse technology is one of the
world’s first proven, modular, hydrogen from waste (HfW) process.
The Powerhouse DMG® process can generate up to 2 tonnes of road-fuel quality
H2, and more than 58MWh of exportable electricity per day.
The Powerhouse process produces low levels of safe residues and requires a
small operating footprint, making it suitable for deployment at enterprise and
community level.
Powerhouse is quoted on the London Stock Exchange's AIM Market under the
ticker: PHE, and is incorporated in the United Kingdom.
For more information see www.powerhouseenergy.net
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