TIDMPHE 
 
9 December 2015 
 
                          PowerHouse Energy Group plc 
 
                        ("PowerHouse" or the "Company") 
 
           Placing to raise GBP250,000 and Appointment of Joint Broker 
 
PowerHouse is pleased to announce that it has raised GBP250,000 (gross) through 
the placing of 41,666,667 ordinary shares of 0.5 pence each ("Ordinary Shares") 
in the capital of the Company (the "Placing") at a price of 0.6 pence per 
Ordinary Share. The new Ordinary Shares issued under the Placing have been 
issued to private clients of SVS Securities plc and constitute 9.69% of the 
enlarged Ordinary Share capital of the Company. The monies raised will be used 
for general working capital purposes. 
 
Following the Placing, the Company will have a total of 430,163,414 Ordinary 
Shares in issue. The new Ordinary Shares have been issues today and will be 
admitted to trading on AIM on 14 December 2015. 
 
The Placing has been arranged by Vicarage Capital Limited, who have been 
appointed as the Company's joint broker with effect from 8 December 2015. 
 
For additional information please contact: 
 
PowerHouse Energy Group plc 
 
Keith Allaun +1 352 226 8644/+44 7887 588 941 
 
Allenby Capital Limited (Nominated Adviser and Joint Broker) 
 
Nick Harriss/David Hart +44 (0) 20 3328 5656 
 
Vicarage Capital Limited (Joint Broker) 
 
Jeremy Woodgate +44 (0) 20 3651 2910 
 
 
 
END

(END) Dow Jones Newswires

December 09, 2015 02:00 ET (07:00 GMT)

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