PowerHouse Energy
Group plc
("PowerHouse" or the "Company")
Director’s
Dealing
PowerHouse Energy Group plc (AIM: PHE), the UK technology
company pioneering hydrogen production from waste plastic and used
tyres, announces that Dr Cameron
Davies, Non-Executive Chairman of the Company, acquired for
1,200,000 ordinary shares of 0.5p in the Company (“Ordinary
Shares”) at a price of 0.41p per Ordinary Share on 24 July 2019.
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 |
Dr. Cameron Davies |
| 2 |
Reason
for the notification |
| a) |
Position/status |
Non-Executive Chairman |
| 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) |
|
1,200,000 |
|
| d) |
Aggregated information
Aggregated volume
Price |
1,200,000 ordinary shares
£4,920 |
| e) |
Date of the transaction |
24 July 2019 |
| f) |
Place of the transaction |
London Stock Exchange |
For more information, contact:
| PowerHouse Energy Group
plc |
Tel: +44 (0) 203 368 6399 |
| David Ryan, Chief Executive
Officer |
|
|
|
| WH Ireland Limited (Nominated
Adviser) |
Tel: +44 (0) 207 220 1666 |
| James Joyce / Chris Savidge |
|
|
|
| Turner Pope Investments Ltd
(Joint Broker) |
Tel: +44 (0) 203 621 4120 |
| Ben Turner / James Pope |
|
|
|
| Ikon Associates(Media
enquiries) |
Tel: +44 (0) 1483 271291 |
| Adrian Shaw |
Mob: +44 (0) 7979 900733 |
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.
The PowerHouse technology is one of the world’s first proven,
modular, hydrogen from waste (HfW) process.
The PowerHouse DMG® process can generate in excess of 1 tonne of
road-fuel quality H2, and more than 58MW/h of exportable
electricity per day.
The PowerHouse process produces low levels of safe residues and
requires a small operating footprint, making it suitable for
deployment at enterprise and community level.
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