Powerhouse Energy Group PLC Director’s Dealing

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	[phone]
Strand Hanson Limited (Nominated & Financial Adviser) Ritchie Balmer / James Harris / Rob Patrick	[phone]
SP Angel Corporate Finance LLP (Broker) Stuart Gledhill / Adam Cowl	[phone]
Tavistock (Financial PR) Simon Hudson / Nick Elwes / Saskia Sizen	[phone] [e-mail]

 

 

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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