Powerhouse Energy Group plc
("Powerhouse" or the "Company")
2(nd) March 2022
Directorate Change – CHIEF TECHNOLOGY OFFICER
Powerhouse Energy Group plc (AIM: PHE) is the UK headquartered technology
company commercialising hydrogen production from non-recyclable plastic
waste.
Today Powerhouse announces that Paul Emmitt, who has been the Company’s
Chief Technical Officer (“CTO”) since July 2021, has been appointed as an
Executive Director of the Company with immediate effect.
Paul will continue as CTO, leading the management, planning, development, and
operation of the DMG technology. Paul is a Chartered Engineer, has an MBA in
Engineering Management, and has over twenty years of multi-sector engineering
and operational management experience. He is also the Managing Director of
Engsolve Limited, the engineering consultancy in which Powerhouse has a 48%
stake.
Recently appointed CEO of Powerhouse, Paul Drennan-Durose, said “The
strengths and extent of Paul’s experience make him a central part of the
business. He will remain as CTO, and at the same time will bring depth to the
board. This change also goes some way to levelling up the balance of executive
directors on the board, a vital modification, which is of value to the Company
and to shareholders.”
Paul Emmitt said: “I look forward to stepping-up to the board and to working
even more closely with Paul, our new CEO, in influencing and developing the
company and its advanced technology.”
Further regulatory disclosures:
Other than as disclosed below, there are no further disclosures to be made in
accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules
for Companies:
Full Name: Paul Robert Emmitt
Age: 45
Paul Emmitt is, or has during the last five years been, a director or partner
of the following companies and partnerships:
Current Directorships: Engsolve Limited Engsolve Global Ltd (Dormant) Em-Eng Limited (Dormant) Bob Emmitt Speedshop Ltd (Dormant) Past Directorships: EnerSolve Ltd FillSolveLtd FabSolve Ltd Engsolve IT Ltd EDW Limited
Paul Emmitt does not hold any ordinary shares in the Company.
-ENDS-
For more information, contact:
Powerhouse Energy Group plc Russell Ward Non-Executive Chairman Tel: +44 (0) 203 368 6399
WH Ireland Limited (Nominated Adviser) James Joyce / Megan Liddell Tel: +44 (0) 207 220 1666
Turner Pope Investments (TPI) Ltd (Joint Broker) Andrew Thacker / James Pope Tel: +44 (0) 203 657 0050
SisterSmith PR (media enquiries) Becca Smith Mob: +44 (0)7766 522305
Notes to 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 convert
them efficiently and economically 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 process.
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.
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.co.uk
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