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PHE Powerhouse Energy Group Plc

0.975
-0.05 (-4.88%)
Last Updated: 10:00:03
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Powerhouse Energy Group Plc LSE:PHE London Ordinary Share GB00B4WQVY43 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -4.88% 0.975 0.95 1.00 1.025 0.975 1.025 2,346,860 10:00:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Scrap & Waste Materials-whsl 380k -46.2M -0.0111 -0.87 40.33M

Powerhouse Enrgy Grp Directorate Change

27/07/2020 7:00am

UK Regulatory


 
TIDMPHE 
 
Powerhouse Energy Group plc 
 
                        ("Powerhouse" or the "Company") 
 
                             Change of Directorate 
 
27th  July 2020 
 
Powerhouse Energy Group plc (AIM: PHE), the UK technology company 
commercialising hydrogen production from waste plastic, is pleased to announce 
the appointment of Allan Vlah as a non-executive director of the Company with 
immediate effect. 
 
With twenty years' experience in the investment industry, Allan is a director 
in Aviva Investors' infrastructure group where he started and continues to lead 
Aviva Investors' Energy from Waste equity strategy. 
 
Prior to joining Aviva Investors in 2012, Allan was a vice president at the 
Macquarie European Infrastructure Fund with a focus on transportation and 
renewable energy. He was previously a research analyst and portfolio manager 
covering energy and infrastructure trusts for TD Waterhouse Investment Advice. 
 
Allan holds an MBA from the Saïd School of Business at Oxford University and is 
also a CFA charterholder. 
 
On joining the Board of Powerhouse Allan Vlah said: 
 
"It's not every day in the infrastructure space you come across a company that 
has the potential to meaningfully change the world. The DMG technology sits at 
the nexus of converting a harmful waste product into an essential feedstock 
with industrial, transportation and power generation applications. I am more 
than excited for the opportunity to support Powerhouse realising this grand 
ambition." 
 
Cameron Davies, Chairman of Powerhouse, said: 
 
"On behalf of the Board, I would like to express how pleased we are to have 
Allan join as a non-executive director. His wide experience and specialist 
knowledge of the energy sector and infrastructure financing will be of immense 
benefit to the Company in terms of developing a strong and solid presence for 
our DMG waste to energy conversion technology across the UK and its roll out in 
selected international markets." 
 
Further regulatory disclosures: 
 
Other than as disclosed below, there are no further disclosures to be made in 
accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules 
for Companies: 
 
Name: Allan Thomas Vlah 
 
Age: 43 
 
Allan Vlah is, or has during the last five years been, a director or partner of 
the following companies and partnerships: 
 
Current Directorships 
 
RDF Energy No.1 Ltd 
 
Vo-Gen Energy Ltd 
 
Biomass UK No.4 Ltd 
 
Hooton Bio Power Ltd 
 
Boston Biomass Ltd 
 
Biomass UK No.3 Ltd 
 
Biomass UK No.2 Ltd 
 
Boston Wood Recovery Ltd 
 
Sunrise Renewable (Hull) Ltd 
 
Biomass UK No.1 LLP 
 
Past Directorships within the last five years 
 
Sunrise Renewables (Barry) Ltd 
 
For more information, contact: 
 
Powerhouse Energy Group plc          Tel: +44 (0) 203 368 
                                     6399 
 
David Ryan, Chief Executive Officer 
 
WH Ireland Limited (Nominated        Tel: +44 (0) 207 220 
Adviser)                             1666 
 
James Joyce / Lydia Zychowska 
 
Turner Pope Investments Ltd (Joint   Tel: +44 (0) 203 657 
Broker)                              0050 
 
Andrew Thacker / Zoe Alexander 
 
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, unrecycleable plastic, end-of-life-tyres, and other waste 
streams to efficiently and economically convert them into syngas from which 
valuable products such as hydrogen, chemical precursors, 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 up to 2 tonnes of road-fuel quality 
H2, and more than 58MWh 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 
 
 
 
END 
 

(END) Dow Jones Newswires

July 27, 2020 02:00 ET (06:00 GMT)

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