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RNS Number : 2866G Powerhouse Energy Group PLC 25 April 2025
25 April 2025
Powerhouse Energy Group plc
("Powerhouse" or the "Company")
Director's Dealing
Powerhouse Energy Group plc (AIM: PHE), a company pioneering integrated
technology that converts non-recyclable waste into low carbon energy with a
revenue generating engineering consulting division (Engsolve), announces that
Louise Emmitt, wife of Paul Emmitt, Chief Executive Officer of the Company,
acquired 1,933,679 ordinary shares of 0.5p each in the Company ("Ordinary
Shares") at 0.519p per Ordinary Share on 25 April 2025.
Further to this transaction, Mr Emmitt and his wife are beneficially
interested in 6,471,971 Ordinary Shares, which represents 0.14% 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 Louise Emmitt
2 Reason for the notification
a) Position/status Wife of 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)
£0.00519 1,933,679
d) Aggregated information
- Aggregated volume 1,933,679 ordinary shares
- Price £0.00519
e) Date of the transaction 25 April 2025
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
1,933,679 ordinary shares
£0.00519
e)
Date of the transaction
25 April 2025
f)
Place of the transaction
London Stock Exchange
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of
the European Union (Withdrawal) Act 2018, as amended by virtue of the Market
Abuse (Amendment) (EU Exit) Regulations 2019.
-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 / Rob Patrick / James Harris
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 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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