REG - Powerhouse Energy Gp - Director’s Dealing

Powerhouse EnergyAnnouncement

30/09/2024 07:00

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RNS Number : 0986G  Powerhouse Energy Group PLC  30 September 2024

30 September 2024

 

Powerhouse Energy Group plc

 

("Powerhouse" or the "Company")

Director's Dealing

 

Powerhouse Energy Group plc (AIM: PHE), the UK technology company pioneering
integrated technology that converts non-recyclable waste into low carbon
energy together with a revenue generating engineering consulting division
(Engsolve), announces that Paul Emmitt, Chief Executive Officer of the
Company, acquired 963,391 ordinary shares of 0.5p each in the Company
("Ordinary Shares") on 27 September 2024.

 

Further to this transaction, Mr Emmitt is beneficially interested in 4,538,292
Ordinary Shares, which represents 0.11% 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                                                         Paul Emmitt
 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)
                                                                  £0.010380   963,391
 d)  Aggregated information

     -     Aggregated volume                                      963,391 ordinary shares

     -     Price                                                  £10,000

 e)  Date of the transaction                                      27 September 2024
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

-     Aggregated volume

-     Price

 

963,391 ordinary shares

£10,000

 

e)

Date of the transaction

27 September 2024

f)

Place of the transaction

London Stock Exchange

 

 

-ENDS-

 

 For more information, contact:

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

 Paul Emmitt, CEO

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

 Ritchie Balmer / James Harris / Rob Patrick

 SP Angel Corporate Finance LLP (Broker)                    +44 (0) 20 3470 0470

 Stuart Gledhill / Adam Cowl

 Tavistock (Financial PR)                                   +44 (0) 207 920 3150

 Simon Hudson / Nick Elwes / Saskia Sizen                   powerhouse@tavistock.co.uk (mailto:powerhouse@tavistock.co.uk)

 

 

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

 

PHE also incorporates Engsolve Ltd, which is a revenue generating business who
offer Engineering Services across all sectors with speciality services in the
development of new technologies and clean energy.

 

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

 

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