Powerhouse Enrgy Grp Directorate Change
16 April 2021 - 4:00PM
UK Regulatory
TIDMPHE
Powerhouse Energy Group plc
("Powerhouse" or the "Company")
16 April 2021
Board retirement
Powerhouse Energy Group plc announces that Mr James Greenstreet will retire as
a director on 7 July 2021. Mr Greenstreet has been a non-executive director of
the Company since June 2011.
Tim Yeo, Executive Chairman, said "We are very grateful to James who has
completed a decade of great service to Powerhouse during which the Company has
made enormous progress. We wish him every success in the future with his other
activities".
The Company intends to appoint another non-executive director in due course and
will make a further announcement at the appropriate time.
-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 Tel: +44 (0) 203 657
Broker) 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
END
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