Powerhouse Enrgy Grp Issue of Equity

 
TIDMPHE 
 
PowerHouse Energy Group plc 
 
 
                        ("PowerHouse" or the "Company") 
 
                                Issue of Equity 
 
The Company announces the issue of 13,263,158 ordinary shares of 0.5p each in 
the Company ("Ordinary Shares") to service providers for settlement of fees, of 
which 8,000,000 are being issued at 1p per Ordinary Share and 5,263,158 are 
being issued at 0.76p per Ordinary Share in accordance with the terms of the 
relevant service agreements. 
 
Application is being made for the admission of 13,263,158 new Ordinary Shares 
to trading on AIM and it is expected that this will occur on or around 6 
September 2017.  These shares will rank pari passu in all respects with the 
Company's existing issued Ordinary Shares. 
 
Subsequent to the issue of the New Ordinary Shares, the Company will have 
1,136,872,014 Ordinary Shares in issue. 
 
PowerHouse has no shares in Treasury, therefore this figure may be used by 
Shareholders, from Admission, as the denominator for the calculations by which 
they will determine if they are required to notify their interest in, or a 
change in their interest in, the share capital of the Company under the FCA's 
Disclosure and Transparency Rules. 
 
For more information, contact: 
 
PowerHouse Energy Group plc 
 
Keith Allaun, Executive Chairman            Tel: [phone] 
 
WH Ireland Limited (Nominated Adviser) 
 
James Joyce / James Bavister                Tel: [phone] 
 
Turner Pope Investments Ltd (Joint Broker) 
 
Ben Turner / James Pope                     Tel: [phone] 
 
Smaller Company Capital Limited (Joint 
Broker) 
 
Jeremy Woodgate                             Tel: [phone] 
 
Allerton Communications (Media Relations) 
 
Peter Curtain                               Tel: [phone] 
 
[e-mail] 
 
About PowerHouse Energy 
 
PowerHouse Energy Group plc is the developer of the G3-UHt Ultra High 
Temperature Gasification Waste-to-Energy unit, and the creator of Distributed 
Modular Gasification© which allows for the elimination of waste, the generation 
of distributed electricity, and the production of distributed hydrogen. 
 
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 syngas for power generation, or 
high-quality hydrogen for transportation. 
 
Distributed Modular Gasification© allows for easy, economical, deployment and 
scaling of an environmentally sound solution to the growing challenges of waste 
elimination, electricity demand, and distributed hydrogen production. 
 
Distributed Modular Gasification and DMG are copyrights of PowerHouse Energy 
Group plc. 
 
PowerHouse is quoted on the London Stock Exchange's AIM Market. The Company is 
incorporated in the United Kingdom. 
 
For more information see www.powerhouseenenergy.net . PowerHouse may also be 
followed on Vox Markets at www.voxmarkets.co.uk/company/PHE. 
 
 
 
END 
 

(END) Dow Jones Newswires

August 31, 2017 09:00 ET (13:00 GMT)