Powerhouse Energy Group PLC Directorate Change (4479T)
15 Noviembre 2023 - 1:00AM
UK Regulatory
TIDMPHE
RNS Number : 4479T
Powerhouse Energy Group PLC
15 November 2023
Powerhouse Energy Group plc
("Powerhouse" or the "Company")
15 November 2023
Directorate Change
The Company announces that Tony Gardner-Hillman has notified his
intention to resign from his position as Non-Executive Chairman and
from the Board.
To support a transition, Tony has agreed to remain in position
until Friday 15(th) December 2023. This will ensure a smooth
handover to David Hitchcock who will be Tony's temporary succesor
and enable Tony to continue through that period to support the
acting Chief Executive Officer. The announcement of a permanent
successor will be made in due course.
Tony Gardner Hillman said:
"I have thoroughly enjoyed working with the team and my time at
Powerhouse. Through my tenure I have worked to help the business
identify and protect against the challenges it shares with many
early-stage businesses and become more robust. I hope I have made a
positive mark. However, I have now decided that I need to
relinquish my position and I wish the Company and the team every
success in the future."
Paul Emmitt, Acting Chief Executive Officer of the Company,
said:
"Tony has had a significant beneficial influence on the business
in the short time he has been with the Company, and I am grateful
for the support and guidance he has given to me and to the Board.
Naturally, I am disappointed he is leaving, but he will do so with
thanks and best wishes from the Board, and from key stakeholders
with whom he quickly built positive relationships."
-ENDS-
For more information, contact:
Powerhouse Energy Group plc Tel: +44 (0) 203 368
6399
Paul Emmitt
WH Ireland Limited (Nominated Tel: +44 (0) 207 220
Adviser) 1666
James Joyce / Megan Liddell
Turner Pope Investments (TPI) Tel: +44 (0) 203 657
Ltd (Joint Broker) 0050
Andrew Thacker / James Pope
Tavistock Communications (Financial Te l: +44 (0) 20 7920
PR) 3150
N ick Elwes
Simon Hudson
Saskia Sizen
Notes to Editors:
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.
Powerhouse Energy's process produces low levels of safe residues
and requires a small operating footprint, making it suitable for
deployment at enterprise and community level.
Powerhouse Energy is quoted on the London Stock Exchange's AIM
Market under the ticker: PHE and is incorporated in England and
Wales.
For more information see www.phegroup.com
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END
BOAGPGBUGUPWGMC
(END) Dow Jones Newswires
November 15, 2023 02:00 ET (07:00 GMT)
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