REG-Powerhouse Enrgy Grp: Directorate Changes

Powerhouse EnergyAnnouncement

30/06/2021 07:05

30th June 2021

Powerhouse Energy Group plc

("Powerhouse" or the "Company")

Directorate Changes 

Powerhouse Energy Group plc (AIM: PHE), the UK technology company
commercialising hydrogen production from non-recyclable waste plastic,
announces two directorate changes.

Non-executive Director Mark Berry will not stand for re-election to the
Powerhouse board at the next Annual General Meeting and will step down before
the 2021 AGM.  

Non-executive Director James Greenstreet will postpone his retirement from the
board until the following AGM in 2022.

Tim Yeo, Executive Chair, said: “I thank Mark Berry for his time on the
board and wish him luck for the future. I am pleased James Greenstreet will
delay his retirement from the board until early next year.”

-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 (TPI) Ltd (Joint Broker)  Tel: +44 (0) 203 657 0050  
 Andrew Thacker                                                               
                                                                              
 SisterSmith PR (media enquiries) Becca Smith      Mob: +44 (0) 7766522305    

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
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.co.uk



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