REG - Powerhouse Energy Gp - Director’s Dealing

Powerhouse EnergyAnnouncement

12/12/2023 07:15

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RNS Number : 4102W  Powerhouse Energy Group PLC  12 December 2023

Powerhouse Energy Group plc

 

("Powerhouse" or the "Company")

12 December 2023

Director's Dealing

 

Powerhouse Energy Group plc (AIM: PHE), a company pioneering integrated
technology that converts non-recyclable waste into low carbon energy,
announces that Ben Brier, Chief Financial Officer of the Company, acquired
3,748,275 ordinary shares of 0.5p each in the Company ("Ordinary Shares") on 8
December 2023 and 2,784,732 Ordinary Shares on 11 December 2023.

 

Further to this transaction, Mr Brier is beneficially interested in 6,533,007
Ordinary Shares, which represents 0.16% of the Company's issued ordinary share
capital.

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Ben Brier
 2   Reason for the notification
 a)  Position/status                                              Director
 b)  Initial notification/ Amendment                              Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Powerhouse Energy Group plc
 b)  LEI                                                          213800MY7XIYS2BSC163
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary Shares of 0.5p each

     Identification code

                                                                  GB00B4WQVY43
 b)  Nature of the transaction                                    Share purchase
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  0.29p     3,748,275

                                                                  0.33p     2,784,732
 d)  Aggregated information

     -     Aggregated volume                                      6,533,007 Ordinary Shares

     -     Price                                                  £19,999.95

 e)  Date of the transaction                                      8 December and 11 December 2023
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

-     Aggregated volume

-     Price

 

6,533,007 Ordinary Shares

£19,999.95

 

e)

Date of the transaction

8 December and 11 December 2023

f)

Place of the transaction

London Stock Exchange

 

 

-ENDS-

For more information, contact:

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

 Paul Emmitt

 WH Ireland Limited (Nominated Adviser)            +44 (0) 207 220 1666

 James Joyce

 James Bavister

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

 Andrew Thacker

 James Pope

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

 Simon Hudson

 Nick Elwes

 Saskia Sizen

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

 

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 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.powerhouseenergy.co.uk
(http://www.powerhouseenergy.co.uk)

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