REG-Powerhouse Enrgy Grp: Director/PDMR Shareholding

Powerhouse EnergyAnnouncement

16/02/2021 07:05

Powerhouse Energy Group plc

("Powerhouse" or the "Company")

16 February 2021

Director’s Dealing

Powerhouse Energy Group plc (AIM: PHE), the UK technology company
commercialising hydrogen production from waste plastic, announces that James
Greenstreet, non-executive director of the Company, sold 160,000 ordinary
shares of 0.5p each in the Company (“Ordinary Shares”) on 10 February 2021
in order to pay for tax liabilities arising from a future planned exercise of
options and transferred a further 840,000 Ordinary Shares to his wife on 11
February 2021.

Further to these transactions, Mr Greenstreet remains beneficially interested
in 840,000 Ordinary Shares held by Mrs Greenstreet, which represents 0.22% 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                                                                                               James Greenstreet                                                                                  
 2         Reason for the notification                                                                                                                                                                           
 a)        Position/status                                                                                    Non-Executive 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  Identification code                   Ordinary Shares of 0.5p each    GB00B4WQVY43                                                       
 b)        Nature of the transaction                                                                          Share disposal                                                                                     
 c)        Price(s) and volume(s)                                                                                                                                                                                
 Price(s)  Volume(s)                                                                                          
 7.58p     160,000                                                                                            
 d)        Aggregated information - Aggregated volume - Price                                                 160,000 ordinary shares £12,158                                                                    
 e)        Date of the transaction                                                                            10 February 2021                                                                                   
 f)        Place of the transaction                                                                           London Stock Exchange                                                                              

-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                                                           
                                                                          
 SisterSmith PR (media enquiries) Becca Smith  Mob: +44 (0) 7766522305    

Notes for editors:

About Powerhouse Energy Group plc

Powerhouse, the sustainable hydrogen company, 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 GBP500,000 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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