PHE Powerhouse Energy Group Plc

 
TIDMPHE 
 
03 March 2016 
 
                          PowerHouse Energy Group plc 
 
                        ("PowerHouse" or the "Company") 
 
                    Issue of Equity and total voting rights 
 
PowerHouse is pleased to announce that it has raised GBP25,000 (gross) through a 
subscription of  3,571,429 ordinary shares of 0.5 pence each ("Ordinary 
Shares") in the capital of the Company (the "Subscription") at a price of 0.7 
pence per Ordinary Share. 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 9 March 2016. 
 
Total voting rights 
 
Upon Admission, following the issue of the new Ordinary Shares, the Company's 
issued share capital will consist of 478,540,037 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 478,540,037. 
 
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

March 03, 2016 10:13 ET (15:13 GMT)

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