REG - Powerhouse Enrgy Grp - Directorate Change

Powerhouse EnergyAnnouncement

16/02/2023 11:15

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RNS Number : 1736Q  Powerhouse Energy Group PLC  16 February 2023

16 February 2023

 

PowerHouse Energy Group plc

("PowerHouse" or the "Company")

 

Directorate Change

 

Powerhouse Energy Group plc (AIM: PHE), the UK company pioneering integrated
technology that converts non-recyclable waste into low carbon energy, is
pleased to announce the appointment of Professor Karol Michal Kacprzak, aged
50, as a non-executive director of the Company with immediate effect.

 

Prof. Kacprzak is currently an Associate Professor at the Faculty of Chemistry
at Adam Mickiewiez Univerisity in Poznan, Poland and has over 20 years' of
academic experience. At Adam Mickiewiez Univerisity he was awarded a PhD with
distinction in Organic Chemistry and an Msc in Environmental Chemistry.

 

Prof. Kacprzak is an expert in organic and medicinal chemistry, actively
collaborating with the chemical industry and is also a member of the Polish
Chemical Society. Between 2016 and 2020 Prof. Kacprzak acted as a CEO of
Stomil-Poznan S.A., a State-owned tyre and rubber manufacturer in Poland.

 

During the last five years Prof. Kacprzak has been a director or partner of
the following companies and partnerships:

 

Past Directorships.

 

STOMIL-POZNAŃ S.A.

OŚRODEK BADAWCZO-ROZWOJOWY PRZEMYSŁU OPONIARSKIEGO STOMIL SP. Z O.O.
(research and development centre for the tyre industry)

 

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

 

 

Tony Gardner-Hillman, Chairman of PHE commented:

"I am delighted that Karol has been able to join the board. His expertise will
complement the range of skills of the existing directors on what is
effectively a new board for the Company. As well as the contribution he can
make through his technical knowledge and experience, he will also undoubtedly
be able to assist us in Poland, which is an exciting developing market for
Powerhouse."

 

Keith Riley, Acting Chief Executive Officer of PHE commented:

"I welcome Professor Kacprzak's appointment to the board of Powerhouse. He is
already an active advocate of the Company and I am sure he will make a
significant contribution in assisting the executive team in its development
and application of Powerhouse's Technology. Science and technology with
research and development is at the heart of what Powerhouse does. He comes
with a considerable applicable scientific knowledge and an academic standing
from which we will all benefit."

 

For more information, contact:

 

 Powerhouse Energy Group plc                      powerhouse@tavistock.co.uk
 Keith Riley

 WH Ireland Limited (Nominated Adviser)           Tel: +44 (0) 207 220 1666
 James Joyce / James Bavister/ Enzo Aliaj

 Turner Pope Investments Ltd (Joint Broker)       Tel: +44 (0) 203 657 0050
 Andrew Thacker /  James Pope

 Tavistock (Financial PR)                         powerhouse@tavistock.co.uk
 Simon Hudson/  Nick Elwes/  Heather Armstrong

 

 

 

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 the United Kingdom.

 

For more information see www.powerhouseenergy.co.uk
(http://www.powerhouseenergy.co.uk)

 

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