7 March
2018
PowerHouse Energy Group
plc
(“PowerHouse” or the “Company”)
Share Options
Grants to Directors
PowerHouse announces on 6 March
2018 the Company granted share options, as recommended
by the Remuneration Committee of the Company, under the Company’s
Share Option Schemes to the following Directors:
Brent Fitzpatrick 12,000,000
share options
James Greenstreet 12,000,000 share
options
Cameron Davies 15,000,000 share
options
David Ryan 21,000,000 share
options
Keith Allaun 30,000,000 share
options
The options were granted at the closing bid price of the shares
on 5 March 2018 of 0.6p and will vest
in accordance with the rules of the Share Option Schemes adopted by
the PowerHouse Board of Directors over the next 24-30 months.
For more information, contact:
PowerHouse Energy Group plc
Keith Allaun, Chief Executive Officer |
Tel: +44 (0) 203 368 6399 |
WH Ireland Limited (Nominated Adviser)
James Joyce / Chris Viggor |
Tel: +44 (0) 207 220 1666 |
Turner Pope Investments Ltd (Broker)
Andy Thacker |
Tel: +44 (0) 203 621 4120 |
Buchanan (Media enquiries)
Mark Court / Chris Lane |
Tel: +44 (0) 20 7466 5000 |
About PowerHouse Energy
PowerHouse Energy Group plc is the developer of the G3-UHt Ultra
High Temperature Gasification unit, and the creator of
DMG®, the Distributed Modular Gasification System that
allows the distributed eradication of waste, the generation of
distributed electricity, and the production of distributed hydrogen
with the world’s first hydrogen from waste (HfW) process.
The Company is focused on technologies to enable projects for
energy recovery from municipal and industrial waste streams that
would otherwise be directed to landfills and incinerators; or from
renewable and alternative fuels such as biomass, tyres, and
plastics to create synthesis gas (syngas) for power generation, or
high-quality hydrogen as a fuel for transport. DMG®
allows for easy, economical, deployment and scaling of an
environmentally sound solution to the growing challenges of waste
eradication, landfill diversion, electrical demand, and distributed
hydrogen production.
PowerHouse is quoted on the London Stock Exchange's AIM Market
and is incorporated in the United
Kingdom.
For more information see www.powerhouseenergy.net