TIDMPHE 
 
26 January 2016 
 
                          PowerHouse Energy Group plc 
 
                        ("PowerHouse" or the "Company") 
 
                  Issue of Equity and Holding in the Company 
 
PowerHouse is pleased to announce that it has raised GBP50,000 (gross) through a 
subscription of 9,090,909 
ordinary shares of 0.5 pence each ("Ordinary Shares") in the capital of the 
Company (the "Subscription") at a price of 0.55 pence per Ordinary Share. 
 
The new Ordinary Shares pursuant to the Subscription will be issued to Mr. P. 
Warwick and constitute 2.07% of the enlarged Ordinary Share capital of the 
Company.  The proceeds of the Subscription will be used for general working 
capital purposes. 
 
Application will be made for the new Ordinary Shares to be admitted to trading 
on AIM ("Admission") and it is expected that Admission will take place on or 
around 01 February 2016. 
 
The Company has been informed that following Mr Warwick's participation in the 
Subscription, his interest in the Ordinary Shares of the Company will be 
23,872,150 ordinary shares, equivalent to 5.43% of the enlarged Ordinary Share 
capital of the Company. 
 
Upon Admission, following the issue of the new Ordinary Shares, the Company's 
issued share capital will consist of 439,254,323 Ordinary Shares in issue of 
0.5 pence each with one voting right. The Company does not hold any ordinary 
shares in treasury. Therefore, the total number of ordinary shares and voting 
rights in the Company is 439,254,323. 
 
The above figure may be used by shareholders in the Company as the denominator 
for the calculations by which they will determine if they are required to 
notify their interest in, or change to their interest in, the share capital of 
the Company under the FCA's Disclosure and Transparency Rules. 
 
 
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 / Liz Kirchner 
                                                     +44 (0) 20 3328 5656 
 
Vicarage Capital Limited (Joint Broker) 
Jeremy Woodgate 
 
+44 (0) 20 3651 2910 
 
 
 
END

(END) Dow Jones Newswires

January 26, 2016 02:00 ET (07:00 GMT)

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