REG-Powerhouse Enrgy Grp: Directorate Change

Powerhouse EnergyAnnouncement

10/08/2020 07:05

Powerhouse Energy Group plc

("Powerhouse" or the "Company")

Change of Directorate

10 August 2020

Powerhouse Energy Group plc (AIM: PHE), the UK technology company
commercialising hydrogen production from waste plastic, announces that Brent
Fitzpatrick has stepped down from the Board of Powerhouse Energy Group plc
with immediate effect.

Cameron Davies, Chairman of Powerhouse, said the following: 

“I would like to thank Brent personally and sincerely on behalf of the Board
of Powerhouse Energy Group plc for his friendship and his sage advice to me
and to the board. His valuable contribution to our progress over almost a
decade has helped to guide the Company through sometimes challenging and
difficult times to the threshold of a new era as we prepare to deploy our DMG
technology aimed at tackling the global problem of unrecyclable plastic waste.
Our technology additionally can produce synthetic gas for power generation and
for upgrade to provide a local source of high-quality hydrogen for heavy goods
vehicles and rail transport.

“I take this opportunity to wish him well and every success for the future
in his other ventures."

At the current time the Board of Powerhouse does not propose to replace Brent
following the recent appointment of two non-executive directors.

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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