REG - Powerhouse Energy Gp - Directorate Update

Powerhouse EnergyAnnouncement

08/12/2023 07:15

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RNS Number : 0854W  Powerhouse Energy Group PLC  08 December 2023

8 December 2023

Powerhouse Energy Group Plc

(the "Company" or "PHE")

Directorate Update

 

Powerhouse Energy Group Plc (AIM: PHE), a company pioneering integrated
technology that converts non-recyclable waste into low carbon energy, is
pleased to announce that that Ben Scott Brier has been appointed as Chief
Financial Officer of the Company.

Ben is a qualified management accountant and has over 25 years of experience
in managing financial and commercial operations while delivering on strategic
leadership and guidance. He has a strong track record of enhancing operational
efficiencies and providing cost saving solutions for high-profile companies,
including work as Group Finance Director at Scotfield Group Ltd. He has
extensive knowledge across Commercial, Industrial and Residential construction
including project recovery within a joint venture for a sustainably focused
plc. Ben was appointed as Acting Chief Financial Officer at the Company in
August 2022.

 

Paul Emmitt, CEO of the Company, commented:

"I am extremely pleased that Ben has been appointed as full time Chief
Financial Officer. He brings a wealth of experience in financial and
commercial operations and has already made a substantial contribution to the
Company's continued development and growth. His move onto the Executive team
means that we now have a secure and stable board structure, that will allow us
to make financial decisions quickly and efficiently in respect of projects and
financing."

 

Ben, aged 53, is, or has during the last five years been, a director of the
following companies:

Current Directorships

 Alwoodley Developments Ltd
 WPD Group Ltd
 WPD Services Ltd

 WPD Developments Ltd

 

Previous Directorships (held within the last five years)

 Scotfield Group Ltd
 Yelcron Ltd
 Pure Payroll Ltd
 Camstead Ltd

 

No further disclosure is required under Paragraph (g) to Schedule 2 of the AIM
Rules for Companies.

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)

 

END

 

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