REG-Powerhouse Enrgy Grp: Director/PDMR Shareholding

Powerhouse EnergyAnnouncement

04/12/2020 10:00

Powerhouse Energy Group plc
("Powerhouse" or the "Company")

4 December 2020

Director’s Dealing

Powerhouse Energy Group plc (AIM: PHE), the UK technology company
commercialising hydrogen production from waste plastic, announces that Tim
Yeo, Chairman of the Company, transferred 605,263 ordinary shares of 0.5p each
in the Company (“Ordinary Shares”) into his Self-Invested Personal Pension
(“SIPP”) and a further 1,521,228 Ordinary Shares into his wife’s SIPP on
13 November 2020.

Further to these transactions, Mr Yeo’s beneficial interest in the Company
remains unchanged at 71,871,959 Ordinary Shares, including those held by Mrs
Yeo, which represents 1.93% 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                                                                                               Tim Yeo                                                                                            
 2            Reason for the notification                                                                                                                                                                           
 a)           Position/status                                                                                    Executive Chairman                                                                                 
 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  Identification code                   Ordinary Shares of 0.5p each    GB00B4WQVY43                                                       
 b)           Nature of the transaction                                                                          Share purchase                                                                                     
 c)           Price(s) and volume(s)                                                                                                                                                                                
 Price(s)     Volume(s)                                                                                          
 2.85p 2.85p  605,263 1,521,228                                                                                  
 d)           Aggregated information - Aggregated volume - Price                                                 2,126,491 ordinary shares £60,605                                                                  
 e)           Date of the transaction                                                                            13 November 2020                                                                                   
 f)           Place of the transaction                                                                           Off market                                                                                         

-ENDS-

For more information, contact:

 Powerhouse Energy Group plc                 Tel: +44 (0) 203 368 6399  
 Tim Yeo, Executive Chairman                                            
 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   

SistersmithPR (Media enquiries)

Becca
Smith                                                                 
    Mob: +447766522305

Notes for editors:

About Powerhouse Energy Group plc

Powerhouse has developed a proprietary process technology - DMG® - which can
utilise waste plastic, end-of-life-tyres, and other waste streams to
efficiently and economically convert them into syngas from which valuable
products such as chemical precursors, hydrogen, electricity and other
industrial products may be derived. Powerhouse’s technology is one of the
world's first proven, distributed, modular, hydrogen from waste (HfW) process.

The Powerhouse DMG® process can generate up to 2 tonnes of road-fuel quality
hydrogen and more than 58MWh of exportable electricity per day.

Powerhouse’s process produces low levels of safe residues and requires a
small operating footprint, making it suitable for deployment at enterprise and
community level. As announced on 11th February 2020 under its Supplemental
Agreement with Peel Environmental, Powerhouse will receive an annual license
fee of £500,000 in respect of each project which is commissioned.

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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