RNS Number : 0986G
Powerhouse Energy Group PLC
30 September 2024
 

30 September 2024

 

Powerhouse Energy Group plc

 

("Powerhouse" or the "Company")

Director's Dealing

 

Powerhouse Energy Group plc (AIM: PHE), the UK technology company pioneering integrated technology that converts non-recyclable waste into low carbon energy together with a revenue generating engineering consulting division (Engsolve), announces that Paul Emmitt, Chief Executive Officer of the Company, acquired 963,391 ordinary shares of 0.5p each in the Company ("Ordinary Shares") on 27 September 2024.

 

Further to this transaction, Mr Emmitt is beneficially interested in 4,538,292 Ordinary Shares, which represents 0.11% of the Company's issued ordinary share capital.

 


NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

​

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Emmitt

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Powerhouse Energy Group plc

b)

LEI

213800MY7XIYS2BSC163

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary Shares of 0.5p each

 

 

 

GB00B4WQVY43

b)

Nature of the transaction

Share purchase

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.010380

963,391

d)

Aggregated information

-     Aggregated volume

-     Price

 

963,391 ordinary shares

£10,000

 

e)

Date of the transaction

27 September 2024

f)

Place of the transaction

London Stock Exchange

 

 

-ENDS-

 

For more information, contact:


 


Powerhouse Energy Group Plc

Paul Emmitt, CEO

+44 (0) 203 368 6399

 


Strand Hanson Limited (Nominated & Financial Adviser)

Ritchie Balmer / James Harris / Rob Patrick

+44 (0) 207 409 3494

 


SP Angel Corporate Finance LLP (Broker)

Stuart Gledhill / Adam Cowl

+44 (0) 20 3470 0470

 


Tavistock (Financial PR)

Simon Hudson / Nick Elwes / Saskia Sizen

+44 (0) 207 920 3150

powerhouse@tavistock.co.uk

 

 

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. PHE's process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level.

 

PHE also incorporates Engsolve Ltd, which is a revenue generating business who offer Engineering Services across all sectors with speciality services in the development of new technologies and clean energy.

 

For more information see www.phegroup.com

 

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END
 
 
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